Strip Mall

Princeton, MN Strip Malls for Sale

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Renovated Strip Center
Updated: Apr 11
Renovated Strip Center

110 S Rum River Dr, Princeton, MN 55371

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43,000 sqft
Approximately 43,000 total square feet
19 tenants spanning national, regional, and local businesses
New roof installed in 2023 with a 20‑year warranty
Approximately 12,000 SF renovated and built out in the north section during 2022/2023
Located on Rum River Drive between Highways 95 and 169
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Princeton, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Strip Mall
Multi-Tenant Strip Mall

5101 Minnetonka Blvd, Minneapolis, MN 55416

Contact for pricing
12,570 sqft

C-1 neighborhood commercial property with separately metered retail bays, surface parking, and heated garage spaces.

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Multi-Tenant Retail Center
Multi-Tenant Retail Center

1000-1030 Broadway Ave, Minneapolis, MN 55411

Contact for pricing
26,779 sqft

Multi-tenant retail center with 11 tenants, including U.S. Bank and McDonald’s, with O’Reilly Auto Parts on a newly signed 10-year lease.

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Shopping Center with National Tenants
Shopping Center with National Tenants

13135 Main St, Rogers, MN 55374

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5,193 sqft

Retail center with a multi-tenant lineup and shared access to an adjacent Freddy's location.

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Multi-Tenant Retail Property in Rogers
Multi-Tenant Retail Property in Rogers

13135 Main St, Rogers, MN 55374

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5,193 sqft

Retail property with national tenants, located in Rogers, MN.

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Princeton, MN Strip Malls Market Trends and Statistics

Explore 1 strip malls for sale in Princeton, MN on our real estate platform. These investment opportunities span a total of 43,000 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Automotive properties 1
Gas stations 1

Demographics Overview

Population 17K
Population Growth (5Y) +2.4%
Median Household Income $89,674
College Educated 25.1%

Taxes & Financing

Tax Rate (average for all types) 2.42%
Property Tax per SF $39.48 per SF
Tax Rate vs County Average 0.30 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Mille Lacs County

New Delisted

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