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

1 Acres Lot

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UPDATED:

01/09/2025 02:05 AM

Key Details

Property Type Commercial

Sub Type Mixed Use,Business

Listing Status Active

Purchase Type For Sale

Subdivision Maple View Dev

MLS Listing ID 6646032

Year Built 2002

Annual Tax Amount $4,110

Tax Year 2023

Contingent None

Lot Size 1.000 Acres

Acres 1.0

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

Zoning Business/Commercial

Rooms

Basement None

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Fixture/Equipment, Land

Fireplace No

Appliance Dishwasher, Dryer, Range, Refrigerator, Washer

Exterior

Parking Features Asphalt, Garage Door Opener, Heated Garage, Other, Paved

Garage Spaces 2.0

Utilities Available Electric Common, Heating Common

Roof Type Age 8 Years or Less

Present Use Automotive,Commercial,Office,Professional Service,Retail

Building

Lot Description Irregular Lot

Foundation 2304

Sewer Private Sewer, Septic System Compliant - Yes

Water Private, Well

Structure Type Wood Siding

Schools

School District Princeton

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Listed by Allan Zolin • Coldwell Banker Realty

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