12235 323rd ST, Princeton, MN 55371 - MLS#6717726

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$1,450,000

Est. payment - /mo

3 Beds

2 Baths

1,621 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,621 sqft

Price per Sqft $894

MLS Listing ID 6717726

Style (SF) Single Family

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Year Built 1910

Annual Tax Amount $3,314

Acres 31.39

Lot Dimensions Irregular

Property Description

Seize the chance to develop 31.39 acres of prime real estate annexed into the City of Princeton. This property is ready for transformation strategically located along a prominent frontage road, ensuring high visibility and accessibility for commercial development. Potential for 3 commercial lots with direct frontage road access, perfect for retail, office, or mixed-use development. Stunning man-made pond, framed by natural boulders and a fountain, offers an attractive centerpiece. 18 hole golf course backdrop, enhancing the property's appeal and value. Infrastructure Readiness: Completed water delineation report, ensuring smoother planning and development processes. Endless Development Possibilities - Ideal for a wide range of uses, including retail center or mixed-use commercial spaces, a high-end residential community or housing development, recreational facilities and/or event centers, Investor Advantages with high growth potential in Princeton, a city on the rise with increasing demand for commercial and residential projects. Supportive city officials eager to see this property's potential realized. Quick approvals approximately 90-120 days! A unique blend of natural aesthetics and functional layout, ensuring appeal to future buyers or tenants.

Location

State MN

County Sherburne

Direction US-169 N, to exit onto County Rd 29 N/S Rum River Dr exit. Follow County Rd 29 N/S Rum River Dr to 323rd Ave NW in Princeton, trn on 323rd Ave N to arrive at destination.

Rooms

Basement Concrete Block, Poured Concrete

Interior

Heating Forced Air

Cooling Central

Fireplaces Type Brick, Family Room, Gas Burning

Fireplace Yes

Laundry In Basement

Exterior

Exterior Feature Additional Garage, Gazebo, Pole Building, Workshop

Parking Features Finished Garage, Multiple Garages, Carport, Covered, Detached Garage, Driveway - Asphalt, Driveway - Gravel, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Storage

Garage Spaces 6.0

Accessibility None

Porch Deck, Patio

Total Parking Spaces 6

Building

Lot Description Irregular Lot, On Golf Course, Suitable for Horses, Tree Coverage - Medium

Water Well

Architectural Style (SF) Single Family

Others

Senior Community No

Tax ID 90000041300

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://player.vimeo.com/video/546708993

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Listed by eXp Realty

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