518 1st Street Princeton, MN 55371

$269,000
Active
Business,Retail  |  MLS # 6596891
Active
  • This great building/business at 518 1st Street Princeton awaits!
    This great building/business at 518 1st Street Princeton awaits!
  • Beautiful and classic brick front building entries. One of two current business' occupying the building.
    Beautiful and classic brick front building entries. One of two current business' occupying the building.
  • Second current business entry.
    Second current business entry.
  • Dedicated parking space to the east of the building. 3-4 cars approximately.
    Dedicated parking space to the east of the building. 3-4 cars approximately.
  • View from entrance of fitness center business.
    View from entrance of fitness center business.
  • Massive space, great lighting and gorgeous floors!
    Massive space, great lighting and gorgeous floors!
  • So much potential in this space.
    So much potential in this space.
  • View from the back of the fitness business. The new window and entry door provide great natural lighting!
    View from the back of the fitness business. The new window and entry door provide great natural lighting!
  • Another view from the back of the fitness business.
    Another view from the back of the fitness business.
  • Entry view of the second currently occupied business suite. Again, large windows make for a warn inviting space upon entering!
    Entry view of the second currently occupied business suite. Again, large windows make for a warn inviting space upon entering!
  • Large open area with gorgeous hardwood floors in second business suite.
    Large open area with gorgeous hardwood floors in second business suite.
  • View looking at back of second suite and hallway to private room and building common area.
    View looking at back of second suite and hallway to private room and building common area.
  • Slider door closet space in suite 2.
    Slider door closet space in suite 2.
  • Suite 2 hall to private room and common space.
    Suite 2 hall to private room and common space.
  • Slider door entrance to private room.
    Slider door entrance to private room.
  • Quiet, private room in back of suite 2.
    Quiet, private room in back of suite 2.
  • Main floor shared ADA restroom.
    Main floor shared ADA restroom.
  • Potential additional business suite on west side of the building or expand fitness business space by opening dividing wall.
    Potential additional business suite on west side of the building or expand fitness business space by opening dividing wall.
  • Another view of potential west end space.
    Another view of potential west end space.
  • Electrical panel on main level.
    Electrical panel on main level.
  • Ample plug in and internet connects throughout the building.
    Ample plug in and internet connects throughout the building.
  • Common area roughed in shower or additional bath.
    Common area roughed in shower or additional bath.
  • Common hallway area behind business suites.
    Common hallway area behind business suites.
  • Storage/hallway leading to additional cold storage possible 4th business suite.
    Storage/hallway leading to additional cold storage possible 4th business suite.
  • Currently cold storage, potential business space.
    Currently cold storage, potential business space.
  • Another view of cold storage.
    Another view of cold storage.
  • Access to basement.
    Access to basement.
  • Basement stairs.
    Basement stairs.
  • Basement rest room.
    Basement rest room.
  • Basement storage area.
    Basement storage area.
  • Basement.
    Basement.
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About The Listing

A fabulous business opportunity is available right now! This beautiful brick front multi suite business space is located in downtown Princeton. Close to Hwys. 169 and 95 with easy access from both. Many updates already done, some projects well underway and some great potential for expansion of the current business spaces or add 2 more suites. Some updates include, 4 units/2 finished and occupied, ADA bathroom on main level, basement bathroom, new insulation throughout, energy efficient lighting, new flooring, paint, each unit wired, furnace, AC, mini split, tuck point repairs where needed, roof maintenance, as well as fitness center front door and window replaced and all interior doors. Two of the suites currently have well established business' that would likely agree to a new lease OR make it into your ideal business space. Great location, many current updates, business and income already in place.....a business space you will want to see, love and buy! Call today for a private showing.


Listing courtesy of RoseMarie S. Krie, RE/MAX RESULTS
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1900
MLS #: 6596891
Garage Spaces: 0
Parking Description: Paved
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air, Ductless Mini-Split
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block, Brick/Mortar, Drainage System, Partial, Stone/Rock
Construction Description: Block, Brick/Stone
Roof Description: Age Over 8 Years, Flat, Pitched, Rubber
Days On Market (Continuous): 5
Disability Features: Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, No Stairs External
Latest Update: 09/09/2024
List Date: 09/05/2024
Listing Agent ID: 502030716
Listing Office: RE/MAX RESULTS
Listing Office ID: 40571
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 102x66
Lot Size: 0.16 Acres
School District: Princeton
Tax Year: 2023
Estimated Taxes: $3,520
Contingency Type: None
City: Princeton
Zip: 55371
County: Mille Lacs
Subdivision: Princeton - Original Townsite
State: MN
Listing last updated: 09/09/24

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