1508 7th ST N, Princeton, MN 55371 - MLS#6646032

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$750,000

Est. payment - /mo

43,124 SqFt

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UPDATED:

01/09/2025 07:30 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 43,124 sqft

Price per Sqft $17

Subdivision Maple View Dev

MLS Listing ID 6646032

Year Built 2002

Annual Tax Amount $4,110

Lot Size 0.990 Acres

Acres 0.99

Lot Dimensions 259X161X283X161

Property Description

Real Estate Only (land and building) Well Established revenue stream used Former car dealership specializing in selling cars up to $15,000 selling 300 - 400 units annually. The business has grown annually with 2023 being the highest revenue year to date. Easy access of main traffic arteries is key to the current and future business success being located on the northeast corner of highway 95/169 just across the highway from Walmart with 15,000+ vehicles passing thru per day. There are 2 lot parcels side by side with distinct PID numbers. This 3,248 SF building includes shop space of 1135 SF, office space of 701 SF and an upstairs finished apartment in the Mezzanine of 944 SF fully furnished with appliances and washer/dryer. The building is currently set up for three individual suites and as the capability of two more additional suites with outside entry for potential rental. There is currently several Tenants on a month-to-month rental agreement. Also has 2 separate bathrooms on the main floor for customer and employee use, as well as 3rd Bathroom upstairs. New AC/Furnace & roof.

Location

State MN

County Mille Lacs

Community Maple View Dev

Direction From Princeton Highway 95 West to 16th Ave N, turn right and follow on 7th St to property on left.

Interior

Heating Forced Air

Cooling Central

Exterior

Parking Features Driveway - Asphalt, Garage Door Opener, Heated Garage, Paved Lot, Other

Garage Spaces 2.0

Utilities Available Electric Common, Heating Common

Roof Type Age 8 Years or Less

Accessibility None

Total Parking Spaces 2

Building

Lot Description Irregular Lot

Water Private, Well

Structure Type Frame

Others

Senior Community No

Tax ID 245600140

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Listed by Coldwell Banker Realty

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