No Address, Princeton, MN
Retail for Sale - $450,000 - 7,500 Sq. Ft. on 2.45 acres

Property Info
| CIMLS# | 315712 |
| Location Princeton MN 55371 | |
| Updated | January 11th, 2012 |
| Type | Retail |
| Price | $450,000 |
| Building | 7,500 Sq. Ft. |
| Land | 2.45 acres |
Property Description
Size: 7,500 square feet. Lot area: 2.45 acres. R.E. Tax: $13,614
Steel Frame Construction, built in 2005.
Roof: Standing Seam. Four Separately Metered Electric Services.
Net Operating Income: $48,750
Pro Forma NOI: $52,125
This building is suitable for an Investor, as well as an owner/occupant. ABRA Auto & Glass and the Veterinary Clinic have longer-term leases and have finished interiors space. The clinic has invested over $270,000 in its own improvements, and along with ABRA is a very strong tenant. The rear 3,000 square foot bay has an unfinished interior, and is under a short-term lease, and could be occupied by a new owner. The vacant 750 SF bay abuts the Vet Clinic, and it is expected that it will accommodate their future expansion, but also has separate overhead and service doors.
PRICE: $450,000.00
