31503 125 1/2 Street, Princeton, Minnesota 55371

MN, Princeton
$499,000
  • Commercial Sale Property Type
  • 2002 Year Built
  • Active Status
See All 18 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.*

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7065559
  • Price: $499,000
  • Year Built: 2002
  • Listing Status: Active
  • Office Name: Edina Realty, Inc.
Features
  • Heating System None
  • Parking Attached Garage,Asphalt,Parking Lot,Open,Storage,Multiple Garages,Units Vary,Secured,RV Access/Parking
  • Utilities Electric Separate,Hot Water Separate
  • Exterior Features Steel Siding
  • Sewer Private Sewer,Tank with Drainage Field
Address Map
  • Country US
  • State MN
  • County Sherburne
  • City Princeton
  • Zipcode 55371
  • Street: 125 1/2
  • Street Number: 31503
  • Street Suffix: Street
  • Longitude: W94° 24' 49.3''
  • Latitude: N45° 32' 28.3''
  • 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.
Neighborhood
  • High School District: Princeton
MLS Addon
  • Office Name: Edina Realty, Inc.
Additional Information
  • Water Source: Well
  • Accessibility Features: None
  • Current Use: Storage Facility
  • Foundation Details: Slab
  • Lot Size Dimensions: 29997
  • Number Of Units Total: 43
Financial
  • Tax Annual Amount: 4574
Listing Information
  • List Agent Mls Id: 506016088
  • List Office Mls Id: 25643
  • Modification Timestamp: 2026-05-27T14:44:10Z
  • Originating System Name: NorthStar
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