31503 125 1/2 Street Princeton, MN $ 499,000
31503 125 1/2 Street
$ 499,000
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31503 125 1/2 Street

Princeton, MN, 55371
$ 499,000
Bedrooms-- Baths--

Monthly Estimate*

$ 3,446

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Commercial Property for sale in Princeton, MN

for $499,000. This building was built in 2002 on a lot size of 0.69.

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 112x42 two story building currently being used as a storage facility offers: 2 - 41 deep units with 12x16 overhead doors, 1 - 24 deep unit with 10x14 overhead door and attached office space, 12 - 20x10 units with 9x7 overhead doors. Upper level offers 5 - 10x18 units all with windows and electric. 11 new 8x20 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.*

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 4,574

Style

Lot Size

0.69

Year Built

2002

Town/City

Princeton

County/Region

Sherburne

MLS | Web ID

7065559

Features
General
Sewer Private Sewer Tank with Drainage Field
Heating None
Utilities Electric Separate Hot Water Separate
Garage Spaces 0
Year Built 2002
Tax Year 2025
Current Use Storage Facility
Accessibility Doors 36 + Hallways 42 +
County Sherburne
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Georgetown First Add
Directions South on 125th St turn Right on 316 Ave that will curve south and turn into 125 1/2 St NW. Property will be on the Left (East) side of road.
City Princeton
High School District Princeton
Zoning Description Business/Commercial Industrial
Number Of Units Total 43
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4574
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Attached Garage Asphalt Multiple Garages Parking Lot RV Access/Parking Secured Storage Open Units Vary
Water Source Well
Inclusions Building Fixture/Equipment Land Leases Other
Lot Size Area 0.69
Lot Dimensions 29997
Waterfront Y/N N
Foundation Area 4704
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Interior
Basement (Y/N) N
Fuel Electric
Garage Square Feet 0
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Internal Only
Street Number 1 31503
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* Excluded Features
List By
Edina Realty, Inc.

Broker

JaredHansen@EdinaRealty.com

Email

Affordability Calculator

$3,828
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708419 Elementary School
709067 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2026$499,000 Listed Price

Map


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31503 125 1/2 Street, Princeton, MN, 55371 is a Commercial Property for sale at $499,000 with a lot size of 0.69. 31503 125 1/2 Street was built in 2002. The property's zip code is 55371 which is in Princeton, MN