Date
Details
Price
Change
Source
1/12/2026
Listed
$450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$450,000 Sale Pending
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1/12
Property Description
Well-located freestanding commercial building on high-visibility Rum River Drive in Princeton. Versatile space with a functional layout including open areas, offices, storage, and additional lower-level space. Strong street exposure with signage opportunities, ample on-site parking, and a backyard. Zoned commercial and conveniently located near downtown and Hwy 169.
Full Property Details
Full Property Details for 602 S Rum River Dr
General
- Price: $450,000
- Taxes: $8,694 (2025)
- Status: Pending
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7007805
- Updated: 1/16/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
- Flooring: Carpet, Concrete Slab, Floor Drains, Heavy Duty
Parking
- Parking Features: Parking Lot, Paved Lot
Location
- County: Mille Lacs
- Township: Princeton
- Subdivision: Ross-Mere
- Driving Directions: Exit to Princeton from Hwy 169. Follow Rum River Drive to the east. Property is approx. one half mile on the left.
School Information
- School District: 1775 - Princeton
- High School District: Princeton
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Basement: Yes
- Basement Desc.: Block
- Foundation Size: 3700
- Roof: Age 8 Years or Less
- Ceiling Height: 8-10
- Disability Access: Doors 36"+, Grab Bars In Bathroom
- Square Feet: 7,400
- Finished Down/Base.: 7,400 Sq. Ft.
- Current Bldg. Use: Commercial, Retail
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.44
- Lot Dimensions: 91 x 209
- Frontage: City Street, County Road
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $8,694
- Tax Year: 2025
- Terms: Contract for Deed, Conventional, Cash
Disclosures and Reports
- Legal Description: ROSS-MERE & LOT 2 BLK 7 EX E 90 FT, ROSS-MERE E 90FT OF LOT 2 BLK 7
- Inclusions: Building
- Property ID: 247610660
Listed by Edina Realty, Inc.
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Listing agent
— 602 S Rum River Dr —
Edina Realty, Inc.
NMLS#: 1598647
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Schools
Schools serving 602 S Rum River Dr
School District:Princeton Public School District
| Name | Grades | Distance |
|---|---|---|
Princeton Intermediate School 1202 North 7th Street, Princeton, MN 55371 | 3-5 | 1.1 mi |
Princeton Primary School 1206 7th Avenue North, Princeton, MN 55371 | K-2 | 1.7 mi |
Princeton Middle School 1100 4th Ave N, Princeton, MN 55371 | 6-8 | 1.5 mi |
Princeton Senior High School 807 8th Avenue South, Princeton, MN 55371 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 602 S Rum River Dr
Tax History
Tax History for 602 S Rum River Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$654
19%
$29,000
17%
2023
$550
-15%
$24,800
—
2022
$644
22%
$24,800
1%
2021
$526
-6%
$24,600
20%
2020
$560
-1%
$20,500
—
2019
$568
-2%
$20,500
—
2018
$582
-20%
$20,500
—
2017
$730
-3%
$20,500
100%
2016
$750
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 602 S Rum River Dr
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,355Sq. Ft.
Listed by Realty ONE Group Choice
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- Updated 20 minutes ago
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- 3Total Baths
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Listed by LPT Realty, LLC
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- Townhouse
- Active
- Updated 2 hours ago
- 3Beds
- 3Total Baths
- 1,709Sq. Ft.
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- Active
- Updated 23 hours ago
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- Single Family
- Active
- Updated 4 days ago
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- 1,884Sq. Ft.
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- Active
- Updated 2 hours ago
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- 3Total Baths
- 1,709Sq. Ft.
Listed by JPW Realty
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- Single Family
- Closed
- 5Beds
- 3Total Baths
- 2,850Sq. Ft.
Listed by RE/MAX Results
Sold by Countryside Realty
Sold by Countryside Realty
- Single Family
- Closed
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- 2Total Baths
- 1,589Sq. Ft.
Listed and Sold by Keller Williams Integrity NW
- Single Family
- Closed
- 2Beds
- 2Total Baths
- 2,376Sq. Ft.
Listed by Princeton Realty
Sold by eXp Realty
Sold by eXp Realty
- Single Family
- Closed
- 4Beds
- 1Total Bath
- 1,770Sq. Ft.
Listed by eXp Realty
Sold by Edina Realty, Inc.
Sold by Edina Realty, Inc.
602 S Rum River Drive, Princeton, MN 55371 (MLS# 7007805) is a Commercial property. 602 S Rum River Drive is currently listed for $450,000 and was received on January 12, 2026. Want to learn more about 602 S Rum River Drive? Do you have questions about finding other Commercial real estate for sale in Princeton? You can browse all Princeton real estate or contact a Coldwell Banker agent to request more information.