Real Estate Only (land and building) Well Established revenue stream used Former car dealership specializing in selling cars up to $15,000 selling 300 - 400 units annually. The business has grown annually with 2023 being the highest revenue year to date. Easy access of main traffic arteries is key to the current and future business success being located on the northeast corner of highway 95/169 just across the highway from Walmart with 15,000+ vehicles passing thru per day. There are 2 lot parcels side by side with distinct PID numbers. This 3,248 SF building includes shop space of 1135 SF, office space of 701 SF and an upstairs finished apartment in the Mezzanine of 944 SF fully furnished with appliances and washer/dryer. The building is currently set up for three individual suites and as the capability of two more additional suites with outside entry for potential rental. There is currently several Tenants on a month-to-month rental agreement. Also has 2 separate bathrooms on the main floor for customer and employee use, as well as 3rd Bathroom upstairs. New AC/Furnace & roof.
Recently Remodeled Building: Storefront boasts a new custom glass vestibule & modern black & brick color pallet. Excellent Frontage: Rum River Drive is Princeton's main street and this building is located just south of the 1st St stoplight. Prime location for foot traffic & travelers too with on street parking as well as close proximity to multiple city parking lots making this location perfect for your business needs
Excellent opportunity to own a highly visible commercial building one block off main street. Currently features a large showroom and a large back room that is accessible from the street or the main part. Check this one out it has a lot of potential.
As Christ Our Light Catholic Church makes plans to relocate, a fantastic opportunity presents in Princeton: a premium 5-acre property is available! Featuring over 32,000 SF to work with, this versatile space offers a blank canvas for imaginative minds to move in, repurpose, or craft fresh business ventures in Princeton's growing community. Property is accessible to both Rum River Dr S and 7th Ave S, located just a block away from Princeton High School and surrounded by thriving businesses like Kwik Trip, Coborns, AmericInn, McDonalds, Caribou Coffee, M Health Fairview Medical Center, its prime location ensures visibility and accessibility. Being in R3 & B2 zoning districts & adjacent to B3, offers opportunities to tailor to your vision. Asking price is $30/SF (including land), very affordable for redevelopment and potential for re-zoning for your specific plans and ideas. The added advantage of 145 parking spaces enhances its appeal for various business parking requirements.
Recently Remodeled Building: Storefront boasts a new custom glass vestibule & modern black & brick color pallet. Excellent Frontage: Rum River Drive is Princeton's main street and this building is located just south of the 1st St stoplight. Prime location for foot traffic & travelers too with on street parking as well as close proximity to multiple city parking lots making this location perfect for your business needs.
Princeton is located in Minnesota. Princeton, Minnesota has a population of 4,784. Princeton is less family-centric than the surrounding county with 23.06% of the households containing married families with children. The county average for households married with children is 23.47%.
The median household income in Princeton, Minnesota is $43,968. The median household income for the surrounding county is $61,995 compared to the national median of $69,021. The median age of people living in Princeton is 34.9 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 2.2 degrees. The average rainfall is approximately 30.8 inches per year, with 43.2 inches of snow per year.