Land for Sale in Princeton, Minnesota

S Rum River Dr Princeton, MN 55371

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5.07 Acres of Land for Sale in Princeton, Minnesota
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$925,000
5.07 acres
Active sale$73k dropEst $7,466/mo

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.

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.

Location

Street Address
S Rum River Dr
County
Mille Lacs County
Elevation
971 feet
Coordinates
45.5613, -93.5826
Land for sale in Minnesota

Property details

Zoning
Business/Commercial, Residential-Multi-Family
MLS Number
RMLS 6550166
Date Posted

Parcels

  • 240330820

Legal description

CITY OF PRINCETON W 387.9 FT OF N 170.4 FT OF S 865.9 FT OF SW OF SE, EX S 7 FT OF N 456.3 FT FT OF W 287.75 FT 33 36 26 1.47

This 5.07-acre property is located at S Rum River Dr in Princeton, MN 55371 with latitude 45.5613 and longitude -93.5826. The property is currently available for sale for $925,000 with a price per acre of $182,446. Listing data is sourced from Regional Multiple Listing Service of Minnesota # 6550166.

Verify sale details at the property source or contact Century 21 Moline Realty at (763) 689-3593.

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Copyright (C) 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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