Rare opportunity to own a unique 2.5-acre property offering both residential living and commercial potential. Zoned commercial while featuring a 2-bedroom, 1-bathroom home, this property provides endless possibilities for an owner-occupant, investor, or business owner looking for space to grow. The home offers all living facilities on one level and is ready for your vision. While it needs updating and repairs, it presents an excellent opportunity to renovate, customize, or use as a residence alongside your business. The property is being sold as-is. A standout feature is the impressive shop, offering ample space for storage, equipment, hobbies, or a variety of commercial uses. The expansive acreage provides flexibility for a wide range of business or personal opportunities. Whether you're looking to operate a business, invest in a property with commercial zoning, or create a live-work setup, this one-of-a-kind property offers incredible potential in a hard-to-find package.
Active
$249,999
12212 283rd Ave NW, Princeton, MN 55371
2beds
1,056sqft
Single Family
Built in 1979
2.5 Acres Lot
$292,500 Zestimate®
$237/sqft
$-- HOA
What's special
- 4 days |
- 679 |
- 44 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Peter Trinh 612-225-8006,
REMAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7110970
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10x12
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9x11
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 8x14
Laundry
- Level: Main
- Area: 108 Square Feet
- Dimensions: 9x12
Living room
- Level: Main
- Area: 171 Square Feet
- Dimensions: 9x19
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Main Level, Sink
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,836
- Total interior livable area: 1,056 sqft
- Finished area above ground: 1,056
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 2.5 Acres
- Dimensions: 280 x 391 x 280 x 391
Details
- Additional structures: Shed(s)
- Foundation area: 780
- Parcel number: 01000331201
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Gas: Propane
- Sewer: Private Sewer
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $237/sqft
- Tax assessed value: $265,900
- Annual tax amount: $2,106
- Date on market: 7/16/2026
Estimated market value
$292,500
$263,000 - $319,000
$1,647/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $249,999+143.9%$237/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7110970 Report a problem | ||
| 7/1/2000 | Sold | $102,500$97/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,974 +4.9% | $243,281 +5.7% |
| 2024 | $1,882 +6.8% | $230,201 +0.6% |
| 2023 | $1,762 +30.1% | $228,938 +9% |
| 2022 | $1,354 +10.3% | $209,972 +83.1% |
| 2021 | $1,228 +3.9% | $114,706 +10.2% |
| 2020 | $1,182 | $104,133 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55371
Nearby schools
GreatSchools rating
- 7/10Princeton Intermediate SchoolGrades: 3-5Distance: 6.5 mi
- 6/10Princeton Middle SchoolGrades: 6-8Distance: 6.9 mi
- 6/10Princeton Senior High SchoolGrades: 9-12Distance: 5.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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