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Active NEW!
$238,000
/mo Edit
Commercial:  2 Stories
Built 1895
0.09 acres
Princeton schools
MLS# 6819095
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    Property Description

    RETAIL SPACE AVAILABLE! Income producing property with 2 apartments on the upper level and fully operational retail space on the main & basement level. New roof in 2007 that is warrantied for 20 years. Separate electrical - 100 AMP to apartments and 400 AMP to retail. Let this be your next cash flowing investment.

    Listing

    Contingency: None
    City: Princeton
    County: Mille Lacs
    State: MN
    Property Style: 2 Stories
    Zip Code: 55371
    Subdivision Name: Princeton - Original Townsite

    Interior

    Ceiling Height: 11-15
    Ranges: Two
    Refrigerators: Two
    Appliances Included:
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Wall Unit(s), Window Unit(s)
    Foundation Size: 1,950 ft2
    Handicap Accessible: Doors 36"+
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features:
    • Off Site
    • Open
    • Other
    Road Frontage: County Road
    Exterior Material:
    • Block
    • Brick/Stone
    • Metal Siding
    • Steel Siding
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lot & Land

    Acres: 0.09
    Geolocation: 45.570223, -93.580597
    Inclusions: Building, Leases
    Lot Dimensions: 26 x 148
    Zoning: Business/Commercial

    Schools

    School District: 477
    District Phone: 763-389-2422

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $2,308
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,308

    Income

    Annual Gross Income: $33,600

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Residential
    • Retail
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.