Princeton, MN 55371,518 1st ST
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Princeton, MN 55371,518 1st ST
Princeton, MN 55371,518 1st ST
Princeton, MN 55371,518 1st ST
Princeton, MN 55371,518 1st ST

$260,000

Est. payment /mo

$269,000

3.3%
Est.Price: ?

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518 1st ST Princeton, MN 55371

6,969 Sqft Lot

SOLD DATE : 12/02/2024

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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Listed by Rosemarie Krie • RE/MAX RESULTS

Michael Finstad

Broker Associate | License ID: #20414120

+1(612) 245-6470

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