Spaces For Lease

at 602 S Rum River Dr Contact us

Retail/Mixed-Use for Lease $15/SF/Yr

Floor

1-2

Size

7,200 SF

Type

RETAIL

Availability

AVAILABLE, Now

Sublease

No

Extremely well-built, freestanding commercial building on busy South Rum River Dr... near downtown and Hwy 169. Endless possibilities with current commercial zoning. The spancrete trusses allow for an open usable lower level, and the phase three electrical system will meet the highest of demand uses. Strong street exposure signage, sufficient off-street parking, and an additional lot for storage, fencing, addition, etc. Broker is the owner and is open to discussing the many uses and possibilities for this unique property. Call to discuss CAMs.

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Listing Agency: Minnkota Realty LLC Show Phone

Listed By: Jeff Johnson Show Phone

Source: Moodyscre

Added: Jun 18 Changed: Aug 9 Last Checked: Aug 11 at 1:34PM

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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 Minnkota Realty LLC

Investment Insights

Based on property information with market context.

This freestanding commercial building offers an open, usable lower level supported by spancrete trusses. The property is described as extremely well-built, with a Phase Three electrical system intended to support higher-demand uses. In addition to the main parking area, an extra lot is available that can support storage, fencing, or potential additions, subject to applicable approvals.

Located on busy South Rum River Dr near downtown and Hwy 169, the building benefits from strong street exposure for signage. The property also includes sufficient off-street parking to support customer and employee access.

The current commercial zoning and flexible interior layout make the space worth considering for a range of retail and service concepts that can utilize a wide-open lower level and a higher-capacity electrical setup. The additional storage lot adds utility for operations that need space for equipment and laydown. For rental terms and CAM details, interested parties should contact the broker to discuss how the property can fit specific use requirements.

Key Highlights

• Freestanding commercial building on busy South Rum River Dr near downtown and Hwy 169
• Current commercial zoning offers multiple use possibilities
• Spancrete trusses help create an open, usable lower level

Property Analytics

Property Profile

Current Use

Get Dressed Clothing Store

Suggested Use

Top Pick HVAC Service Storage Facility Garden Center Skin Care Clinic Parking Lot & Garage Kitchen & Bath Showroom

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

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

498

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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 Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this storefront properties located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Storefront property - Freestanding retail building with open lower level, strong street signage, and ample off-street parking.

Where is this storefront property located?

The property is located at 602 S Rum River Dr Princeton, MN.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Freestanding commercial building on busy South Rum River Dr near downtown and Hwy 169; Current commercial zoning offers multiple use possibilities; Spancrete trusses help create an open, usable lower level