Property 9030738
This property will be auctioned on: 04/16/2019

commercial / retail building Princeton

105 North Rum River Drive Princeton MN 55371  |  Mille Lacs County, MN
  • 0.25 acres

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Listing Status: Active
Listing Type: Auction
Property Type(s):
Irrigated: No
Residence: No
Property ID: 9030738

Property Description

COMMERCIAL BUILDING PRINCETON, MN
TIMED ONLINE AUCTION

LOCATION to building: From Princeton, MN, 1 mile from the intersection of Hwy 169 & MN 95E, .25 mile south on Rum River Drive. 105 N Rum River Drive, Princeton, MN 55371
OPENS: MONDAY, APRIL 8
CLOSES: TUESDAY, APRIL 16 BEGINNING AT 3:00PM

PREVIEW: By appointment

AUCTIONEERS NOTE: After years in the business the Ossells have decided to retire! This prime piece of real estate has been in the Ossell family for over 60 years. Located just an hour north of the Twin Cities. This Commercial property on Rum River Drive a highly traveled corridor thru Princeton. To be offered at public auction. This is a long-awaited opportunity for any expanding or new business! You have heard the term location, location, location. This is it! Opening bid only $137,000 .... Building will be sold to highest bidder. Attention Investors, Business Owners and Entrepreneur ....This building last appraised for over $500,000

Property Information
Year Built 1963
City Street parking in front
Private customer parking lot in back
Prime corner location 3 entrances
Single or Multi-Tenant Building - Building can easily be demised
Handicap accessible main level
Well maintained building
Multiple storage rooms in the lower level

County Information
Retail building
10,981 SF per (Realist)
Building area 7,478 (per county records)
Full basement
Zoning B1 Central Business
P.I.D. #: 24-040-0140
Lot size: 0.25 Acre
Taxes 2018: $4,784

TERMS: Ten percent down upon signing purchase agreement, payable by cash or check. Balance due at closing within 60 days (June 2019). This is a 5% buyers fee

For a detailed Buyer's Prospectus with complete terms and conditions, contact Steffes Group at 320.693.9371, Shelly Weinzetl 763.300.5055,
or Eric Gabrielson 701.238.2570

Auctioneers & Clerk: Steffes Group, Inc., 24400 MN Hwy 22 South, Litchfield, MN 55355 320.693.9371 Ashley Huhn MN47-002, Eric Gabrielson MN47-006, Randy Kath MN47-007, Shelly Weinzetl MN47-017, Scott Steffes MN14-51

Property Map


Driving Directions

LOCATION: From Princeton, MN, 1 mile from the intersection of Hwy 169 & MN 95E, .25 mile south on Rum River Drive. 105 N Rum River Drive, Princeton, MN 55371

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Shelly Weinzetl

Steffes Group

(320) 693-9371 (work)
(763) 300-5055 (mobile)

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