12235 323rd Avenue Princeton, MN $ 1,600,000
12235 323rd Avenue
$ 1,600,000
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12235 323rd Avenue

Princeton, MN, 55371
$ 1,600,000
Baths0.0 Sq 960

Monthly Estimate*

$ 10,634

12235 323rd Avenue, Princeton, MN 55371 - Image 1
12235 323rd Avenue, Princeton, MN 55371 - Image 2
12235 323rd Avenue, Princeton, MN 55371 - Image 3
12235 323rd Avenue, Princeton, MN 55371 - Image 4
12235 323rd Avenue, Princeton, MN 55371 - Image 5
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12235 323rd Avenue, Princeton, MN 55371 - Image 8
12235 323rd Avenue, Princeton, MN 55371 - Image 9
12235 323rd Avenue, Princeton, MN 55371 - Image 10
View a Virtual Tour
Studio

Commercial Property for sale in Princeton, MN

for $1,600,000. This 960 square foot building was built in 1910 on a lot size of 31.39.

Nestled in a rapidly growing city, this exceptional parcel of land presents a golden opportunity for developers seeking to craft commercial use or high-density housing. Boasting a strategic location, the property is graced with a picturesque golf course just across the street, providing residents with not only a scenic backdrop but also recreational opportunities at their doorstep. One of the standout features of this prime real estate is its easy accessibility. Situated with convenient access to highway 169, commuting becomes a breeze for residents, connecting them to the broader city and beyond. The proximity to amenities enhances the appeal of this development site.

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,544

Style

Lot Size

31.39

Year Built

1910

Town/City

Princeton

County/Region

Sherburne

MLS | Web ID

6530138

Features
General
Sewer City Sewer/Connected City Sewer - In Street Septic System Compliant - Yes Tank with Drainage Field
Heating Forced Air
Cooling Central Air
Utilities Heating Common
Roof Asphalt
Garage Spaces 6
Construction Materials Stucco Vinyl Siding Wood Siding
Year Built 1910
Topography High Ground Rolling Walkout
Tax Year 2023
Current Use Other Residential
Accessibility None
Additional Parcels Description 010041101 010044201
County Sherburne
Property Type Commercial Sale
Contingency None
Directions Take US-169 North and exit onto County Road 29 North/S Rum River Drive using the County Rd 29/Rum River Dr exit. Follow County Rd 29 N/S Rum River Dr until you reach 323rd Avenue in Princeton then tu
City Princeton
Buyer Agent Compensation 2.70
High School District Princeton
Zoning Description Business/Commercial Residential-Multi-Family
Total Units 1
Street Name 323rd
Land Lease Y/N N
Tax Annual Amount 2544
Additional Parcels Y/N Y
Virtual Tour https://vimeo.com/546708993/5edeef56b4
Days on Market 5
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Carport Detached Asphalt Concrete Multiple Garages RV Access/Parking
Lot Features Irregular Lot On Golf Course Tree Coverage - Medium Underground Utilities
Water Source City Water/Connected City Water - In Street Well
Inclusions Land
Lot Size Area 31.39
Building Area Total 960
Lot Dimensions Irregular
Lot Size Units Acres
Foundation Area 960
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Propane
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Internal Only
Street Number 1 12235
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* Excluded Features
List By
Keller Williams Premier Realty Lake Minnetonka

Broker

amylblack@kw.com

Email

Affordability Calculator

$10,846
Per Month
98%
2%
0%
Monthly Principal & Interest
$10,634
Monthly Property Taxes
$212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708419 Elementary School
709067 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,600,000 Listed Price

Map


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12235 323rd Avenue, Princeton, MN, 55371 is a Commercial Property for sale at $1,600,000 with 960 sqft and a lot size of 31.39. 12235 323rd Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 55371 which is in Princeton, MN