121 Rum River Dr Princeton, MN 55371
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.
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Oak, Birch and Willow Metaphysical Supply Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.