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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

121 Rum River Dr Princeton, MN 55371

750 SF 0.12 ac lot Built 1925
Property ID
US46-1447497
Property summary
AI-generated overview

This 750-square-foot retail space at 121 S Rum River Drive in Princeton, Minnesota, presents a fantastic opportunity for businesses seeking high visibility and accessibility. Recently remodeled, the storefront features a striking new custom glass vestibule and a contemporary black and brick color palette, creating a modern and inviting atmosphere. The building sits on a 0.12-acre lot and enjoys excellent frontage on Rum River Drive, Princeton's main thoroughfare, just south of the First Street stoplight. This strategic location ensures significant foot traffic from both pedestrians and motorists. Ample on-street parking is available directly in front of the property, complemented by the close proximity to several city parking lots, guaranteeing convenient parking for customers and employees. The combination of high visibility, convenient parking, and a recently updated interior makes this property ideal for a variety of retail businesses seeking a thriving location in the heart of Princeton. The asking price for this exceptional retail space is $800,000. This is a rare opportunity to establish or expand your business in a highly desirable location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1925
Total area 750 SF
Lot 0.12 ac (5,227 SF)
UPID US46-1447497
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Oak, Birch and Willow Metaphysical Supply Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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