804 7Th Ave Princeton, MN 55371
- Mixed-use properties
- 32,659 SF
- 5.07 lot acres
Current Use by Public Records
- Discovery Montessori Academy / Preschool / School
- Christ Our Light Catholic Parish - North / Catholic Church
- MN MALES / Association Or Organization
Property Details for 804 7Th Ave
- Year built
- 1962
- Lot size
- 5.07 lot acres
- Property size
- 32,659 SF
- Property type
- Mixed-use properties
Description
This exceptional 5.07-acre mixed-use property in Princeton, Minnesota, presents a remarkable investment opportunity. Located at 804 7th Ave S, this prime location boasts high visibility and accessibility, situated near major businesses including Kwik Trip, Coborns, AmericInn, McDonald's, Caribou Coffee, and M Health Fairview Medical Center. The property includes two buildings totaling 32,659 square feet, constructed in 1962, and featuring two stories. Ample parking is provided with 145 spaces. The property is zoned for Business/Commercial use (R3 & B2, adjacent to B3), offering flexibility for a wide range of redevelopment possibilities. The asking price is $925,000, translating to an affordable $30 per square foot, inclusive of land. This presents a unique chance to repurpose existing structures or develop new ventures within a thriving community. The property's proximity to Princeton High School further enhances its appeal. This is an exceptional opportunity to acquire a substantial commercial property in a desirable location with significant potential for future growth and development. The existing buildings offer immediate use or redevelopment potential, while the expansive lot size allows for significant expansion or new construction. The abundant parking ensures ample space for customers and employees. This property is ready for your vision.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Princeton
- County
- Mille Lacs
- State
- Minnesota
- Longitude
- -93.5828
- Latitude
- 45.5607
