MN > Princeton > Princeton - Original Townsite
Princeton, MN 55371,111 N Rum River DR
Princeton, MN 55371,111 N Rum River DR
Princeton, MN 55371,111 N Rum River DR
Princeton, MN 55371,111 N Rum River DR
Princeton, MN 55371,111 N Rum River DR
Princeton, MN 55371,111 N Rum River DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
17
Dec
Thu
18
Dec
Fri
19
Dec
Bob Kessler & José Kosar

Bob Kessler & José Kosar

+1(612) 386-6148
$ 238,000
Est. payment | /mo

3 Beds

2 Baths

3,833 Sqft Lot

Save
$ 238,000
Est. payment | /mo
Save

3 Beds

2 Baths

3,833 Sqft Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Princeton - Original Townsite

MLS Listing ID 6819095

Bedrooms 3

Year Built 1893

Annual Tax Amount $2,260

Tax Year 2025

Contingent None

Lot Size 3,833 Sqft

Acres 0.088

Lot Dimensions 26x148

Property Description

Rare cash-flowing investment opportunity in Uptown Princeton! This solid multi-use commercial building features two upper-level apartments and a fully operational main-level + lower-level retail/office space. Offering approx. 5,850 sq ft, the building includes a private 6-8 stall parking lot - an uncommon find on Main Street. Interior highlights include 13 ft main-level ceilings with copper tin accents, original wood floors, handicap-accessible bathroom, glass entry doors, and a dry usable lower level with tall ceilings. Recent updates include a 2007 rubber roof (under warranty), separate electrical services (100 amp for apartments, 400 amp for commercial), AC systems, air handler, boiler heat, and supplemental eclectic baseboard. Strong visibility just off Hwy 169 with excellent pedestrian and vehicle traffic. Perfect for owner-occupants looking for retail/office space, or investors seeking stable multi-unit income. A well-maintained and versatile property in a prime location!

Location

State MN

County Mille Lacs

Zoning Business/Commercial

Rooms

Basement Block, Finished, Full

Interior

Heating Baseboard, Boiler, Hot Water

Cooling Window Unit(s)

Flooring Carpet, Vinyl, Wood

Inclusions Building, Land, Leases

Fireplace No

Appliance Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Other, Paved Lot, Open

Utilities Available Electric Separate, Heating Separate, Hot Water Separate

Roof Type Age Over 8 Years,Flat,Rubber

Present Use Residential,Retail

Building

Story Two

Foundation 1950

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Block,Brick,Concrete,Steel Siding

New Construction false

Schools

School District Princeton

Listed by Harlan Kartak • Edina Realty, Inc.

GET MORE INFORMATION

Bob Kessler & José Kosar
Bob Kessler & José Kosar

REALTOR® | Lic# 40281123

+1(612) 386-6148

3033 Excelsior Blvd Suite 100, Minneapolis, MN, 55416

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Bob Kessler & José Kosar, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

111 N Rum River DR