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Flex Space with Drive-In Doors
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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 Market264

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 5, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
Parking features Parking Lot, Driveway
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: Sep 24 Last Checked: Oct 11 at 8:06PM
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 property includes two contiguous 40-by-60-foot bays, each measuring 2,400 square feet, for a combined 4,800 square feet. The steel building features 21-foot clear ceilings, a 14-by-16-foot drive-in overhead door in each bay, and a private restroom rough-in per bay. Forced-air heating supports the interior, while driveway and parking-lot areas serve the property.

The 4.64-acre site is located at 31540 125 1/2 Street in Princeton, with access to US Highway 169 via Rum River Drive. Private water and private sewer serve the property, and outdoor storage is available.

Key Highlights

  • Two contiguous 2,400‑square‑foot bays total 4,800 square feet
  • Each bay measures 40x60 feet
  • 21‑foot clear ceilings with 14 x 16‑foot drive‑in overhead doors

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Flex space - Two contiguous bays provide adaptable industrial workspace with private restroom rough-ins and outdoor storage availability.
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 2,400‑square‑foot bays total 4,800 square feet; Each bay measures 40x60 feet; 21‑foot clear ceilings with 14 x 16‑foot drive‑in overhead doors
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