Building Details

Building Size 7,200 SF

Year Built 1992

Stories 1

Units 1

Listing Agency: Minnkota Realty, LLC j***@fslawn.com Show Phone

Listed By: Jeffrey F Johnson Show Phone

Source: Juverealestate

Added: May 12 Changed: Aug 11 Last Checked: Aug 10 at 12:12PM

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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 storefront property contains 7,200 square feet and was built in 1992. Spancrete trusses provide an open lower level, while phase three electrical service supports demanding commercial operations. The building also includes signage, off-street parking, and a separate lot that can accommodate storage, fencing, or an addition.

The property is positioned on South Rum River Drive near downtown and Hwy 169, providing street exposure in a commercial setting. Business/Commercial zoning applies to the site, with allowable uses detailed in the property supplements.

Key Highlights

• 7,200‑square‑foot freestanding commercial building built in 1992
• Spancrete trusses provide an open usable lower level
• Phase three electrical service supports high‑demand commercial uses

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.

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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Frequently Asked Questions

What type of property is this?

Storefront property - Business/commercial zoning accompanies signage, off-street parking, and an additional lot for storage or future improvements.

Where is this storefront property located?

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

What are key features of this property?

This property features: 7,200‑square‑foot freestanding commercial building built in 1992; Spancrete trusses provide an open usable lower level; Phase three electrical service supports high‑demand commercial uses