$499,000$
31503 125 1/2 Street
Princeton, MN, 55371
About 31503 125 1/2 Street
Great opportunity to own this commercial building on prime Princeton location. Perfect for owners shop and office in front and rent out the rest of the building for storage. Large 112×42 two story building currently being used as a storage facility offers: 2 – 41 deep units with 12×16 overhead doors, 1 – 24 deep unit with 10×14 overhead door and attached office space, 12 – 20×10 units with 9×7 overhead doors. Upper level offers 5 – 10×18 units all with windows and electric. 11 new 8×20 containers added to the property in 2020. New roof installed 2022. *Potential cap rate of 11.1% with rent increase and units to market rate.*
Listing Provided Courtesy of Edina Realty, Inc.
31503 125 1/2 Street Property Details
Price:
$499,000
MLS #:
NST7065559
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Georgetown First Add
Listed Date:
May 1, 2026
Lot Size:
30,056 sqft / 0.69 acres (approx)
Year Built:
2002
Schools
School District:
Princeton
Interior Features
Heating
None
Exterior & Lot Features
Accessibility Features
Doors 36″+, Hallways 42″+
Exterior Features
Steel Siding
Parking Features
Attached Garage, Asphalt, Multiple Garages, Parking Lot, RV Access/Parking, Secured, Storage, Open, Units Vary
Property Taxes & Financial Details
Tax Year
2025
Taxes
$4,574
Location
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31503 125 1/2 Street
Princeton, MN
