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Riverside Plaza Retail Space
For Sale
Contact for pricing
Pending

124 Rum River Drive Units 104-107, Princeton, MN 55371

Multiple retail units at a Princeton commercial address, with reported income-based performance.

Property Size4,250 SF
Days on Market145

Property Features for 124 Rum River Drive Units 104-107

General Information

Standard status Pending
Size 4,250 SF
Property subtype Retail, Office

Additional Details

Cap Rate 9.74%
Listing Agency: Arrow Companies
Listed By: Chad Weeks · License #MN 20285891
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 4:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arrow Companies

Investment Insights

Based on property information with market context.

Riverside Plaza offers retail space across Units 104-107 at 124 Rum River Drive in Princeton, Minnesota. The offering is identified as 4,250 SF of retail space within the plaza.

Reported investment metrics include a 9.74% CAP rate. The address places the property on Rum River Drive, with the offering identified by its unit range rather than as a single unit.

Key Highlights

  • 4,250 SF of retail space
  • 9.74% CAP rate
  • Units 104‑107 at Riverside Plaza

Property Analytics

Current Use

Riverside Plaza Shopping Center & Mall Lighthouse Child & Family ... Crisis Center

Suggested Use

Top Pick HVAC Service Law Firm Skin Care Clinic Bakery Garden Center Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 55371, MN

17,132
Population
6,838
Households
2.5
Avg Household Size
40
Median Age
19%
College-Educated
94%
High-School Grad
196.0 sq mi
ZIP Area
87
Density / Sq Mi
$89,674
Median Household Income
$48,624
Median Earnings
$946
Median Rent
$299,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Multiple retail units at a Princeton commercial address, with reported income-based performance.
Where is this retail space located?
The property is located at 124 Rum River Drive Units 104-107 Princeton, MN.
What are key features of this property?
This property features: 4,250 SF of retail space; 9.74% CAP rate; Units 104‑107 at Riverside Plaza
More about this property
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