USAMNPetersonPeterson Outlots116 Mill St
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$100,000

For Sale

25 days ago

116 Mill St, Peterson, MN

House

MLS® 7002505

1 Bed

0 Bath

--

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential
Size -
Garage Yes
Taxes $1,334
Days Active 24
Lot Size 
Approx. Age 2018
MLS® Number 7002505

Property Address: 116 Mill St, Peterson, MN, 55962-9765

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number7002505
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2018
BasementNone
DrivewayAttached Garage, On-Street Parking Only
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 24, 2026List Date
$100,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 Mill St, Peterson, MN

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