12212 283rd Ave NW, Princeton, MN, 55371
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1979
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dryer,Range,Refrigerator,Washer
- Laundry features: Main Level,Sink
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedroom
- Level: Main
- Area: 120
- Dimensions: 10x12
Bedroom2
- Level: Main
- Area: 99
- Dimensions: 9x11
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 1,056
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 1,836
- Total interior livable area: 1,056 sqft
Kitchen
- Level: Main
- Area: 112
- Dimensions: 8x14
Laundry
- Level: Main
- Area: 108
- Dimensions: 9x12
Living Room
- Level: Main
- Area: 171
- Dimensions: 9x19
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 01000331201
- Zoning description: Residential-Single Family
- Foundation area: 780
Features
- Levels: One
- Stories: 1
Lot
- Lot size: 2.50 Acres
- Lot size dimensions: 280 x 391 x 280 x 391
Parking
- Total spaces: 1
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Lightning
- Strong Wind
- Tornado
- Wildfire
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Sherburne County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,264 | $15,168 |
| Home Insurance * | $151 | $1,812 |
| Property Taxes | $158 | $1,896 |
| Electricity | $170 | $2,050 |
| Total | $1,743 | $20,916 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $249,999 |
| 2000-07-01 | Sold | $102,500 |
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