110 6th Avenue S,
Princeton MN, 55371
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.
Details
| MLS# | 5658144 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 134 |
Features
Market Activity 55371
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Learn More About This Property
| Area Information | |
|---|---|
| State | MN |
| County | Mille Lacs |
| City | Princeton |
| Zip Code | 55371 |
| Listing VS Median (in 55371) | |
Price: $549,900 low | high Med: $247,400 On Site: 134 low | high Med: 250.500000 | |
MLS Number: 5658144Listing Provided By:
Results Commercial of RE MAX Results