$260,000
$269,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
518 1st ST Princeton, MN 55371
6,969 Sqft Lot
Key Details
Sold Price $260,000
Property Type Commercial
Sub Type Business,Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Princeton - Original Townsite
MLS Listing ID 6596891
Sold Date 12/02/24
Year Built 1900
Annual Tax Amount $3,520
Tax Year 2023
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 102x66
Property Description
A fabulous business opportunity is available right now! This beautiful brick front multi suite business space is located in downtown Princeton. Close to Hwys. 169 and 95 with easy access from both. Many updates already done, some projects well underway and some great potential for expansion of the current business spaces or add 2 more suites. Some updates include, 4 units/2 finished and occupied, ADA bathroom on main level, basement bathroom, new insulation throughout, energy efficient lighting, new flooring, paint, each unit wired, furnace, AC, mini split, tuck point repairs where needed, roof maintenance, as well as fitness center front door and window replaced and all interior doors. Two of the suites currently have well established business' that would likely agree to a new lease OR make it into your ideal business space. Great location, many current updates, business and income already in place.....a business space you will want to see, love and buy! Call today for a private showing.
Location
State MN
County Mille Lacs
Zoning Business/Commercial
Rooms
Basement Block, Brick/Mortar, Drainage System, Partial, Stone/Rock
Interior
Heating Forced Air
Cooling Central Air, Ductless Mini-Split
Fireplace No
Exterior
Parking Features Paved
Utilities Available Electric Common, Heating Separate, Hot Water Common
Roof Type Age Over 8 Years,Flat,Pitched,Rubber
Present Use Professional Service
Building
Story One
Foundation 4924
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block,Brick/Stone
Schools
School District Princeton
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