Princeton, MN 55371,110 6th AVE S
See all 46 photos
Princeton, MN 55371,110 6th AVE S
Princeton, MN 55371,110 6th AVE S
Princeton, MN 55371,110 6th AVE S
Princeton, MN 55371,110 6th AVE S

$500,000

Est. payment /mo

$549,900

9.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

110 6th AVE S Princeton, MN 55371

0.45 Acres Lot

SOLD DATE : 03/25/2021

Key Details

Sold Price $500,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Damons Add

MLS Listing ID 5658144

Sold Date 03/25/21

Year Built 1923

Annual Tax Amount $9,848

Tax Year 2020

Contingent None

Lot Size 0.450 Acres

Acres 0.45

Lot Dimensions 148x132x148x133

Property Description

Affordable commercial investment opportunity in Princeton, MN. The Creamery Professional Building is a stand-alone, brick corner building converted many years ago into office space. This building is fully leased on both the main & upper levels with 2 separate tenants from the same organization, M Health-Fairview Health Services. The main level (5,596 SF) tenant has been in the building for nearly 25 years & is leased through 2/28/2022. The upper level (3,630 SF) tenant for 9 years & is leased through 5/31/2022. Tenants pay operating costs & Landlord pays taxes. Property is zoned B-1 Central Business. Parking lot (resurfaced 2017) has 26 space & 11 curbside spaces + additional free street parking. Roof was replaced 2012, tuckpointing 2011, & HVAC systems replaced 2016. Exterior painting completed 2020. This building has been meticulously cared for& family owned for decades. No elevator or sprinkler system are required in this building. Interior of building is free of asbestos.

Location

State MN

County Mille Lacs

Zoning Business/Commercial

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Paved, Unassigned, Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Present Use Professional/Office, Commercial, Office, Professional Service

Building

Foundation 9226

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Princeton

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Mark Hulsey • RE/MAX Results
agent

Lindsay Bacigalupo

CEO/Owner | License ID: 20542511

+1(763) 350-0022

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.