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New Construction Flex Space
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31540 125 1/2 Street, Princeton, MN 55371

Commercial Sale, Princeton, MN

Property Size4,800 SF
Lot Size4.64 Acres
Days on Market217

Property Features for 31540 125 1/2 Street

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning description Business/Commercial
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bathroom 4, Bathroom 5, Bathroom 1, Bathroom 3
Parking features Driveway, Parking Lot
Exterior features Steel Siding
Subdivision Georgetown Second Add
High school district Princeton
Directions 169 to S Rum River Drive to 125th st (south in Roundabout), West on 316th Ave to Site.
Standard status Active
APN 01004550105
Lot size 4.64 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1240

Utilities

Sewer type Private Sewer
Heating system Forced Air
Water source Private

Building Details

Year built 2026
Listing Agency: Partners Real Estate Mn
Listed By: Ryan D. Hardin · License #40439896
Added: Jan 20 Changed: Aug 24 Last Checked: Aug 25 at 12:06PM
MLS# 7011033

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space offering includes two adjoining bays measuring 40 by 60 feet each, with 2,400 square feet per bay and 4,800 square feet combined. Modern steel construction provides 21 feet of clear interior height, while each bay includes a 14-by-16-foot drive-in overhead door and a rough-in for a private restroom. Forced-air heating is specified, and outdoor storage is available.

The property is positioned near Princeton with access to US Highway 169 through Rum River Drive. The site encompasses 4.64 acres and includes driveway and parking-lot areas. Private water and private sewer serve the property, providing core site infrastructure for the industrial setting.

Key Highlights

  • Two contiguous 40x60 bays totaling 4,800 sq ft
  • 21' clear ceilings in modern steel construction
  • Each bay includes a 14' x 16' drive‑in overhead door

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

Lease Details

21 ft
Clear height
2
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Steel construction, tall interiors, and drive-in access support flexible business use.
Where is this flex space located?
The property is located at 31540 125 1/2 Street Princeton, MN.
What are key features of this property?
This property features: Two contiguous 40x60 bays totaling 4,800 sq ft; 21' clear ceilings in modern steel construction; Each bay includes a 14' x 16' drive‑in overhead door
More about this property
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