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2019 Market Round-Up
MLS® ID: 5264566

209 N Rum River Drive

Princeton, Minnesota, 55371

$317,777 Active
  • 8140 SQFT
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.
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Listing courtesy of ROCK SOLID Companies

Amenities

  • Zip
    55371
  • Office name
    ROCK SOLID Companies
  • SQFT
    8140
  • Property type
    Commercial
  • Zoning type
    Business/Commercial
  • School district
    477 - Princeton
  • Year built
    1916
  • Sewer
    City Sewer/Connected,City Sewer - In Street
  • Heating
    Forced Air
  • Tax year
    2019
  • Agent name
    Ron Touchette
  • Tax amount
    $ 8166.0
  • Purchase Type
    Active
  • Price Range
    $300k-$400k
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1961
  • Agent ID
    506091389

Location

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