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Commercial Land for Sale in Princeton, Minnesota

804 7th Ave S, Princeton, MN 55371

$925,000
5 acres
pending
Under contract

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.

Sq feet
1962
Built

Location

Street address
804 7th Ave S
Elevation
971 feet
Coordinates
45.5604, -93.5823

Directions

From Hwy 169,take Rum River Drive exit; north on Rum River Drive to property on Left, just pass the McDonalds/Coborns stoplight. (Can access from Rum River Drive or 7th Ave via Smith System Road). From Hwy 95; South on Rum River Drive to property on Right.

Property details

Acreage
5.07 acres
Zoning
Business/Commercial
MLS #
RMLS 6535452
Posted

Parcels

  • 240330790

Legal description

Details and features

Listing

Type
Commercial Sale
Franchise
Century 21 Real Estate

Exterior

Parking
Attached Garage, Detached Garage, Driveway, Garage, Paved or Surfaced
Features
Brick/Stone

Structure

Heating
Forced Air
Cooling
Central Air
Roof
Asphalt, Shingle

Interior

Appliances
Cooktop, Dishwasher, Double Oven, Dryer, Freezer, Microwave, Range, Refrigerator, Washer

Listing history

DateEventPriceChangeSource
Apr 22, 2025Under contract$925,000RMLS
Nov 7, 2024Price drop$925,000$73,000 -7.3%RMLS
June 11, 2024New listing$998,000RMLS
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This 5.07-acre property is located at 804 7th Ave S in Princeton, MN 55371. The property is pending sale. It has a structure built in 1962.

Checked 1 hour ago — Updated

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