MLS® ID: 5264566
209 N Rum River Drive
Princeton, Minnesota, 55371 $317,777
Great investment opportunity. This fully leased mixed-use building, in downtown Princeton, has five commercial units and one 2-bedroom apartment with stable, long-term tenants. The building has 7,180sf of commercial space on the main level, which is spread between four office spaces and a shop with a large overhead door; the 960sf 2-bedroom apartment takes up the second floor overlooking Rum River Dr.; and the basement unfinished and consists of 1,200sf. The building has amazing tenant longevity with the average occupancy of the current tenants being almost 7 years, with years more still expected.