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31503 125 1/2 Street , Princeton, MN 55371

New - 10 Hours Ago

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Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 763-241-0155

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Great opportunity to own this commercial building on prime Princeton location. Perfect for owners shop and office in front and rent out the rest of the building for storage. Large 112x42 two story building currently being used as a storage facility offers: 2 - 41 deep units with 12x16 overhead doors, 1 - 24 deep unit with 10x14 overhead door and attached office space, 12 - 20x10 units with 9x7 overhead doors. Upper level offers 5 - 10x18 units all with windows and electric. 11 new 8x20 containers added to the property in 2020. New roof installed 2022. *Potential cap rate of 11.1% with rent increase and units to market rate.*

31503 125 1/2 Street | MLS# 7065559

This commercial property located at 31503 125 1/2 Street , Princeton, MN 55371 is currently listed for sale with an asking price of $499,000. 125 1/2 Street is located within the Princeton school district. Search Princeton real estate on www.counselorrealty.net today.

Property Features

Property Type: Commercial - Business
Fuel Type: Electric
Heating: None
Lot Size: 0.69 Acres
Taxes: $4,574
Year Built: 2002

Feature Descriptions

Current Use: Storage Facility
Foundation Size: 4704
Handicap Accessible: Doors 36+, Hallways 42+
Lot Dimensions: 29997
Parcel#: 01004250112
Parking: Attached Garage, Asphalt, Multiple Garages, Parking Lot, RV Access/Parking, Secured, Storage, Open, Units Vary
Sale Includes: Building, Fixture/Equipment, Land, Leases
Sewer: Private Sewer, Tank with Drainage Field
Units: 43
Utilities: Electric Separate, Hot Water Separate
Water: Well

Local Schools

School District: Princeton

Near By

Demographics

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