520 1st Street Princeton, MN $ 275,000
520 1st Street
$ 275,000
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520 1st Street

Princeton, MN, 55371
$ 275,000
Baths0.0 Sq 2,025

Monthly Estimate*

$ 1,921

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Studio

Commercial Property for sale in Princeton, MN

for $275,000. This 2,025 square foot building was built in 1930.

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.

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Commercial Active

Price

$ 275,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,176

Style

Retail

Year Built

1930

Town/City

Princeton

County/Region

Mille Lacs

MLS | Web ID

6498250

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate
Roof Flat Pitched
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1930
Property SubType Retail
Tax Year 2023
Current Use Commercial
Gross Income 0
Accessibility None
County Mille Lacs
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale
Contingency None
Subdivision Name Original Townsite
Directions Rum River Drive N to 1st Street West to Property on Right
City Princeton
Buyer Agent Compensation 2.40
High School District Princeton
Zoning Description Business/Commercial
Total Units 1
Street Name 1st
Land Lease Y/N N
Tax Annual Amount 3176
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partial
Basement (Y/N) Y
Street Suffix Street
Fuel Natural Gas
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Land
Building Area Total 2025
Lot Dimensions 46 X 66
Lot Size Units Acres
Foundation Area 4725
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Internal Only
Street Number 1 520
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* Excluded Features
List By
Princeton Realty

Broker

wendi@princetonrealtymn.com

Email

Affordability Calculator

$2,186
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,921
Monthly Property Taxes
$265
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708419 Elementary School
709067 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$275,000 Listed Price

Map


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520 1st Street, Princeton, MN, 55371 is a Commercial Property for sale at $275,000 with 2,025 sqft. 520 1st Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 55371 which is in Princeton, MN