602 S Rum River Drive, Princeton, MN 55371 (MLS# 7068050)

602 S Rum River Drive, Princeton, MN 55371

$15
Property Type: Commercial Square Footage: 7,200 Lot Size (sq. ft.): 19,166 Status: Active
Current Price: $15 List Date: 5/12/2026 Last Modified: 7/01/2026

Overview

Description

Extremely well built, freestanding commercial building on busy South Rum River Drive near downtown and Hwy 169. Endless possibilities with current commercial zoning. The spancrete trusses allow for an open usable lower level and the phase three electrical will meet the highest of demand uses. Strong street exposure with signage, sufficient off street parking and an additional lot for storage, fencing, addition, etc. See supplements for the full legal addition and the lists of allowable uses. CAM and other lease terms negotiable, bring your ideas. Broker is owner and is open for discussing the many uses and possibilities for this unique property.

Listing Details MLS# 7068050

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Owner Occupied
No
Waterfront YN
No
Year Built
1992
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
3600
Power Company
Princeton Public Utilities
For Sale or Lease
For Lease
Acres
0.44
Lot Dimensions
91 x 209
Assessment Pending
No

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom Air Conditioning: Central Air Amenities Unit: Indoor Sprinklers; Security Lights; Security System Appliances: Dryer; Refrigerator; Washer Basement: Concrete Block; Full CMU Style: Business Opportunity; Freestanding; Mixed Use; Office; Other; Retail/Shopping Center Construction Materials: Concrete Construction Status: Previously Owned Current Use: Vacant Exterior: Brick/Stone Flooring: Carpet; Concrete Slab; Floor Drains; Heavy Duty Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lease Details: Other Location Description: Free Standing Lock Box Type: Combo Lot Description: Corner Lot Miscellaneous Information: Building Sign; Exterior Lighting; Pole Sign; Three Phase On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Paved Lot Potential Use: Diversified; Lounge/Bar; Office; Other; Professional; Retail Rent Rate per Foot: Per Foot Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Original List Price
12
Contingency
None
ListPrice
15
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
602
Street Direction Prefix
S
Street Name
Rum River
Street Suffix
Drive
Postal City
Princeton
County
Mille Lacs
State
MN
Zip Code
55371
Complex/Dev/Subdivision
Ross-Mere

Additional Parcels Information

Property ID #2
247610650

Assessments

Tax With Assessments
8282

More Information

Basement

Foundation Dimensions
63 X 58

Building Information

Building Finished SqFt
3600
Building SqFt
7200

Lease Details

Land Leased
Not Applicable
Lease Amount Type
Square Foot

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
26
Section#
33
Township#
36

Sale Options

Sale Includes
Other

Unit Details

Total Units
Yes

Documents

IDX
Listing Office: Minnkota Realty, LLC
Last Updated: July - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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