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7xx S Rum River Drive

Princeton, MN 55371

– beds
– baths
– sqft
– on site

An exceptional 5-acre plot in a prime Princeton location is now available! 3 PIDs make up this parcel located in both R3 and B2 zoning districts, and adjacent to B3, offers opportunities to tailor to your use and vision. Property is accessible on both Rum River Drive S and 7th Avenue S, located just a block away from Princeton High School and surrounded by thriving businesses like Kwik Trip, Coborns, AmericInn, McDonalds, Caribou Coffee, M Health Fairview Medical Center, offering a premium location ensuring visibility and accessibility. Listed PID is zoned R3 and sale includes 2 additional PIDs zoned B2 (church building). Asking price is $4.58/sf (including buildings), therefore a very affordable opportunity for redevelopment or repurposing for your specific plans and endeavors.

Listing courtesy of NORTHSTAR / Katherine Willmert / Century 21 Moline Realty Inc

Last checked: Checking… • Last updated Feb 13, 2025 •

MLS# 6550166 —

The Building

Development Status:

Finished Lot(s)

Location

Directions:

From Hwy 169,take Rum River Drive exit; north on Rum River Drive to property on Left, just pass the McDonalds/Coborns stoplight. (Can access from Rum River Drive or 7th Ave via Smith System Road). From Hwy 95; South on Rum River Drive to property on Right.
Latitude:

45.561291
Longitude:

-93.582552

The Property

Parcel Number:

240330820
Zoning Description:

Business/Commercial,Residential-Multi-Family
Property Type:

Land
Property Subtype:

Commercial Lot
Additional Parcels:

false
Lot Size Area:

5.07
Lot Size Dimensions:

Irregular
Lot Size Units:

Acres
Topography:

Level,Walkout
Other Structures:

Additional Garage
Land Lease:

false
Improvements:

Paved Streets

Listing Agent

Contact info:

Taxes

Tax Year:

2024

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Phone Connected, Water Connected, Electricity Available, Natural Gas Available

Schools

High School District:

Princeton

The Community

Association:

false
Assessment Pending:

No

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Midco

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/6/24 Nov 6, 2024	Price Changed	NORTHSTAR	$925,000	-7.3%
6/10/24 Jun 10, 2024	Listed / Active	NORTHSTAR	$998,000

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This plot of land located in Princeton, MN 55371 is currently for sale for $925,000. 7xx S Rum River Drive is a – square foot plot of land with – beds and – baths that has been on Estately for 257 days. This plot of land is in the attendance area of Princeton High School, South Elementary School, Princeton Middle School, and North Elementary School.

Listing Courtesy of: NORTHSTAR and Century 21 Moline Realty Inc.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.