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Redevelopment Land on Rum River Dr S
Princeton, MN 55371
Redevelopment Land on Rum River Dr S · Land For Sale
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5.07 AC
PROPERTY FACTS
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 5.07 AC |
| Zoning | Business Commercial - R3 and B2 zoning districts, and adjacent to B3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.07 AC |
| Zoning | Business Commercial - R3 and B2 zoning districts, and adjacent to B3 |
DESCRIPTION
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.
PROPERTY TAXES
| Parcel Number | 24-033-0820 | Improvements Assessment | $11,900 |
| Land Assessment | $54,800 | Total Assessment | $66,700 |
PROPERTY TAXES
