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116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962
116 Mill St, Peterson, MN 55962

116 Mill St Peterson, MN 55962

$90,000

ACTIVE
Beds
1
Baths
0
Sqft
0
Acres
0.296
Year
2018
Days on Site
2 Days
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$90,000
Date Listed
Dec 24, 2025

Description of 116 Mill St, Peterson, MN 55962

Listing details for 116 Mill St, Peterson, MN 55962 : 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. There is a new campground going in right behind this properties boundary line as well. Buyer to verify all intended uses with the city and county.
Listing Updated : 08-11-2026 at 4:55 AM CDT
Source

NorthstarMLS as distributed by MLS GRID, MLS#: NST7002505

For more information on this listing contact us at 612-712-1154

Property History

DateEventPrice
12/24/2025
Listed for sale
$90,000
Source:NorthstarMLS #NST7002505
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For more information on this listing contact us at 612-712-1154
Based on information submitted to the MLS GRID as of 2026-08-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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For more information on this listing contact us at 612-712-1154