Property Listing
Description
Prime Development Opportunity in Peterson, Minnesota Located at 116 Mill Street, Peterson, MN, this 40x36 unfinished wood-frame building, constructed in 2018, is currently classified by the city and county as a garage and is being sold as-is. The structure sits on a concrete slab foundation and features a steel roof, white vinyl siding, multiple windows providing natural light, an overhead garage door, and a separate pedestrian entry. The property offers ample off-street parking on a spacious lot. Water Line, electric and sewer lines piped into building, providing a blank slate for future use. Subject to local zoning and permitting, the building offers potential for completion as a custom residence, workshop, storage facility, or other permitted use. The property is located in the Village of Peterson, a scenic community along the Root River and directly adjacent to the Root River State Trail, a paved multi-use trail spanning approximately 60 miles. The area is known for outdoor recreation including biking, hiking, fishing, kayaking, and tubing, and is situated in Minnesota’s Driftless Region with limestone bluffs and rolling terrain. Lanesboro, MN, is just minutes away and offers additional dining, lodging, and tourist amenities. With its size, existing structure, and desirable location near trail and river access, this property presents a unique opportunity for buyers seeking a flexible development or investment option in Southeast Minnesota. Buyer to verify all intended uses with the city and county.
Property Information
Status: Active
Sub Type: ********
List Price: $100,000
MLS#: 7002505
Current Price: $100,000
Address: 116 Mill Street, Peterson, MN 55962
City: Peterson
State: MN
Postal Code: 55962
Geo Lat: 43.786551
Geo Lon: -91.830298
Subdivision: Peterson Outlots
County: Fillmore
Property Description
Year Built: 2018
Lot Size SqFt: 12632.4
Gen Tax: 1334
Specials Inst: 0
High School: Rushford-Peterson
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 1440
Style: Array
Total Bedrooms: 1
Total Bathrooms: 0
Total Full Baths: 0
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
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