116 Mill Street, Peterson, MN 55962
$90,000
Property Type:
Residential
Bedrooms:
1
Square Footage:
1,440
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$90,000
List Date:
12/24/2025
Last Modified:
6/22/2026
Listing Details MLS# 7002505
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Waterfront YN
- No
- Year Built
- 2018
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Main Floor Total SqFt
- 1440
- Above Grd Total SqFt
- 1440
- Total SqFt
- 1440
- Total Finished Sqft
- 0.00
- FireplaceYN
- No
- Style
- (SF) Single Family
- Foundation Size
- 1440
- Garage Stalls
- Yes
- Lot Dimensions
- 68x165
- Acres
- 0.29
- Assessment Pending
- No
- Number of Fireplaces
- 0
- Other Parking Spaces
- 0
- Bath Three Quarters
- 0
- Bath Half
- 0
- Bath Quarter
- 0
- Below Grd Total SqFt
- 0
- Association Fee
- 0
Property Features
Accessible:
None
Air Conditioning:
None
Basement:
None
Construction Status:
Previously Owned
Existing Financing:
Cash
Exterior:
Vinyl
Foundation:
Slab
Fuel:
Natural Gas
Heating:
None
Lock Box Type:
Combo
Road Frontage:
City Street
Road Responsibility:
Public Maintained Road
Roof:
Metal
Sellers Terms:
Cash
Sewer:
City Sewer - In Street
Stories:
One and One Half
Water:
City Water - In Street
Contract Information
- Contingency
- None
- Original List Price
- 100000
- ListPrice
- 90000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 116
- Street Name
- Mill
- Street Suffix
- Street
- Postal City
- Peterson
- County
- Fillmore
- State
- MN
- Zip Code
- 55962
- Complex/Dev/Subdivision
- Peterson Outlots
Assessments
- Tax With Assessments
- 1398
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 36x40
- None
- Yes
More Information
Lease Details
- Land Leased
- Not Applicable
Lock Box Type
- Lock Box Source
- OTHER
- Combo
- Yes
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 08
- Section#
- 30
- Township#
- 104
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- SECT-30 TWP-104 RANGE-008 PETERSON OUTLOTS LOT-002 E 68' OF OL 1 E68' OF OL 2 E OR RR & N OF MILL ST NE1/4
- Listing City
- Peterson
- Map Page
- 999
- Municipality
- Peterson
- School District
- Rushford-Peterson
- School District Phone
- 507-864-7785
- Zip Plus 4
- 9744
- Property ID Number
- 070022000
- Tax Year
- 2026
- Tax Amount
- 1398
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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.
- Directions
- From Hwy 16 turn into Peterson on Mill Street, destination is on the right in about .25 miles
Accessible
- None
- Yes
Air Conditioning
- None
- Yes
Construction Status
- Previously Owned
- Yes
Existing Financing
- Cash
- Yes
Exterior
- Vinyl
- Yes
Foundation
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- None
- Yes
Insurance Fee
- Insurance Fee
- 0
Parking Characteristics
- Garage Dimensions
- No
- Garage Stall ID#
- No
Road Frontage
- City Street
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Metal
- Yes
Sellers Terms
- Cash
- Yes
Sewer
- City Sewer - In Street
- Yes
Stories
- One and One Half
- Yes
Water
- City Water - In Street
- Yes
Documents
supplement.pdf ›
Listing Office:
Midwest Home and Farm Realty
Last Updated: June - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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