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Active Contingent
$925,000
/mo Edit
Lot/Land:  Lot/Land
5.07 acres
Princeton schools
MLS# 6550166
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    Property Description

    An exceptional 5-acre plot in a prime Princeton location is now available! 3 PIDs make up this parcel located in both R3 and B2 zoning districts, and adjacent to B3, offers opportunities to tailor to your use and vision. Property is accessible on both Rum River Drive S and 7th Avenue 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, offering a premium location ensuring visibility and accessibility. Listed PID is zoned R3 and sale includes 2 additional PIDs zoned B2 (church building). Asking price is $4.58/sf (including buildings), therefore a very affordable opportunity for redevelopment or repurposing for your specific plans and endeavors.

    Listing

    Contingency: Inspection
    City: Princeton
    County: Mille Lacs
    State: MN
    Property Style: Lot/Land
    Zip Code: 55371

    Exterior

    Out Buildings: Additional Garage

    Lot & Land

    Acres: 5.07
    Geolocation: 45.561291, -93.582552
    Inclusions: For Sale Sign
    Lot Dimensions: Irregular
    Restrictions: Easements-Utility
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Farm

    Topography: Level, Walkout

    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
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Paved Streets
    Available Utilities:
    • Electricity Available
    • Electricity Connected
    • Natural Gas Available
    • Natural Gas Connected
    • Phone Connected
    • Sewer Connected
    • Water Connected

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    Payment:  /mo

    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.