For Sale: Princeton MLS# 6535452
Active Contingent
$925,000
Commercial: Business Opportunity
Built 1962
5.07 acres
Princeton schools
MLS# 6535452
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Property Description
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.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$925,000
Property Type:
Commercial
City:
Princeton
Garage Spaces:
6
County:
Mille Lacs
Year Built:
1962
State:
MN
Property Style:
Business Opportunity
Zip Code:
55371
Interior
Ceiling Height:
Varied Heights
Appliances Included:
- Cooktop
- Dishwasher
- Double Oven
- Dryer
- Exhaust Fan
- Freezer
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
- Daylight/Lookout Windows
- Finished
- Full
- Walkout
Exterior
Garage Spaces:
6
Other Parking Spaces:
145
Air Conditioning:
Central Air
Foundation Size:
16,882 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Detached
- Multiple Garages
- Paved
- Tuckunder Garage
Shared Amenities:
Elevator(s)
Unit Amenities:
- Ceiling Fan(s)
- Kitchen Center Island
- Kitchen Window
Road Frontage:
- City Street
- Paved Streets
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
5.07
Geolocation:
45.56036, -93.582296
Inclusions:
Building, Land
Lot Dimensions:
Irregular
Addl Parcels:
240330830
Zoning:
Business/Commercial
Schools
School District:
477
District Phone:
763-389-2422
Financial & Taxes
Tax Year:
2024
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
None
Units
Total Units:
2
Miscellaneous
Current Use:
Church
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Century 21 Moline Realty Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.