116 Mill St

$100,000
Price
1
Bed
—
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Prime Development Opportunity in Scenic Peterson, Minnesota
116 Mill St, Peterson, MN - A versatile 40x36 unfinished building built in 2018, currently classified by the city and county as a garage. This sturdy wood-frame structure sits on a concrete slab foundation with a durable steel roof, white vinyl siding, multiple windows for abundant natural light, an overhead garage door, pedestrian entry, and ample off-street parking on a spacious lot. Sold as-is with no utilities currently connected, this
...Prime Development Opportunity in Scenic Peterson, Minnesota
116 Mill St, Peterson, MN - A versatile 40x36 unfinished building built in 2018, currently classified by the city and county as a garage. This sturdy wood-frame structure sits on a concrete slab foundation with a durable steel roof, white vinyl siding, multiple windows for abundant natural light, an overhead garage door, pedestrian entry, and ample off-street parking on a spacious lot. Sold as-is with no utilities currently connected, this property is a true blank slate-perfect for completing as a custom home, workshop, storage facility, or transforming into an income-producing asset. Located in the heart of Peterson, MN a quaint community along the beautiful Root River and directly on the Root River State Trail-a 60-mile paved paradise for biking, hiking, and year-round recreation in Minnesota's stunning Driftless Region. Just minutes from Lanesboro, the renowned "Bed & Breakfast Capital of Minnesota," this area draws thousands of tourists annually for kayaking, tubing, fishing, fall foliage tours, and small-town charm amid dramatic limestone bluffs and rolling valleys. With its generous size, existing windows, and prime location near trail access and the river, this building holds exceptional potential for conversion into a charming bed and breakfast, VRBO/Airbnb rental, guest cottage, or adventure retreat-tapping into the thriving tourism market of Bluff Country. Don't miss this rare chance to own and customize a modern shell in one of Southeast Minnesota's most picturesque and visitor-friendly destinations. Bring your vision and create something extraordinary!
  1. Listed by United Country Real Estate Midwest Home and Farm Realty

Property Details for 116 Mill Street

Subdivision Name
Peterson Outlots
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 12/25/2025 05:03 AM

Property Details for 116 Mill Street

StatusActive
MLS #7002505
Days on Compass1
Taxes$1,334 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2018
Lot Size0.30 AC / 12,893 SF
CountyFillmore County

Location

Listing Courtesy of United Country Real Estate Midwest Home and Farm Realty
Add your commute

Building Information for 116 Mill Street

Stories-Year Built2018Building Size-Lot Size0.30 AC / 12,893 SF

Payment Calculator

$605 per month

30 year fixed, 6.28% Interest

Principal and Interest

$494

Property Taxes

$111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 Mill Street

Summary
Location and General Information
  • City Name: Peterson
  • County Or Parish: Fillmore
  • County: Fillmore-MN
  • Directions: From Hwy 16 turn into Peterson on Mill Street, destination is on the right in about .25 miles
  • Latitude: 43.786551
  • Longitude: -91.830298
  • Map Coordinate: 999-A1
  • City and Location: Peterson
  • City and Location Text: Peterson(MN)
  • Postal Code: 55962
  • State Or Province: MN
  • Public Survey Township: 104
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 070022000
  • Tax Annual Amount: $1,334.00
  • Tax 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
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 1334
School Information
  • High School District: 1133 - Rushford-Peterson
  • School District Number: 1133
  • School District Phone: 5078647785
Property
Lot Information
  • Above Grade Fin SQFT: 0.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 0.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.296
  • Lot Size Dimensions: 68x165
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1440
  • Above Grade SqFt Total: 1440
  • Below Grade SqFt Total: 0
Utilities
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1440.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Metal
Interior Features
  • Basement Type: None
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 0
  • Bedrooms Total: 1
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: None
  • DP Resource: Yes
  • Garage Dimensions: 0
  • Garage Door Height: 0
  • Garage Door Width: 0
  • Garage Square Feet: 0
  • Garage Stall Num: 0
  • Heating: None
  • Levels: One and One Half
  • Basement YN: No

Property History for 116 Mill Street

DateEvent & SourcePriceAppreciation
Dec 24, 2025

Price Change

NorthStar #7002505

$100,000—
Dec 24, 2025

Listed (Active)

NorthStar #7002505

—
Dec 24, 2025

Off Market

NorthStar #7002504

—
Dec 24, 2025

Off Market

NorthStar #7001726

—
Oct 15, 2014

Sold

NorthStar #5078240

$17,000—
Oct 15, 2014

Sold

Lake Superior Area REALTORS #2165157

$17,000—
Oct 15, 2014

Pending

NorthStar #5078240

—
Oct 15, 2014

Pending

Lake Superior Area REALTORS #2165157

—
Oct 14, 2014

Sold

NorthStar #5078240

$17,000—
Oct 14, 2014

Pending

NorthStar #5078240

—
Oct 14, 2014

Sold

Lake Superior Area REALTORS #2165157

—
Apr 15, 2014

Listed (Active)

Lake Superior Area REALTORS #2165157

$26,500—
Apr 15, 2014

Listed (Active)

NorthStar #5078240

$26,500—
Apr 10, 2014

Sold

NorthStar #5074930

$10,850—
Apr 10, 2014

Pending

NorthStar #5074930

—
Apr 10, 2014

Sold

Lake Superior Area REALTORS #2112133

$10,850—
Apr 9, 2014

Sold

NorthStar #5074930

$10,850—
Apr 8, 2014

Pending

Lake Superior Area REALTORS #2112133

—
Apr 8, 2014

Pending

NorthStar #5074930

—
Oct 11, 2013

Listed (Active)

Lake Superior Area REALTORS #2112133

$56,900—
Oct 11, 2013

Listed (Active)

NorthStar #5074930

$56,900—
DateEvent & SourcePrice
12/24/2025

Price Change

NorthStar #7002505

$100,000
12/24/2025

Listed (Active)

NorthStar #7002505

—
12/24/2025

Off Market

NorthStar #7002504

—
12/24/2025

Off Market

NorthStar #7001726

—
10/15/2014

Sold

NorthStar #5078240

$17,000
10/15/2014

Sold

Lake Superior Area REALTORS #2165157

$17,000
10/15/2014

Pending

NorthStar #5078240

—
10/15/2014

Pending

Lake Superior Area REALTORS #2165157

—
10/14/2014

Sold

NorthStar #5078240

$17,000
10/14/2014

Pending

NorthStar #5078240

—
10/14/2014

Sold

Lake Superior Area REALTORS #2165157

—
04/15/2014

Listed (Active)

Lake Superior Area REALTORS #2165157

$26,500
04/15/2014

Listed (Active)

NorthStar #5078240

$26,500
04/10/2014

Sold

NorthStar #5074930

$10,850
04/10/2014

Pending

NorthStar #5074930

—
04/10/2014

Sold

Lake Superior Area REALTORS #2112133

$10,850
04/09/2014

Sold

NorthStar #5074930

$10,850
04/08/2014

Pending

Lake Superior Area REALTORS #2112133

—
04/08/2014

Pending

NorthStar #5074930

—
10/11/2013

Listed (Active)

Lake Superior Area REALTORS #2112133

$56,900
10/11/2013

Listed (Active)

NorthStar #5074930

$56,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 Mill Street

Taxable ValueLand$23,700Additions$71,500Total$95,200
Tax Record2025$1,334 ($111 / month)
Home Facts
Beds1Total Finished SqFt1,152 SqFtAbove Grade Finished SqFt1,152 SqFtStyleSingle Family ResidenceYear Built2001Year Renovated2018CountyFILLMOREAPN07.0022.000

Schools near 116 Mill Street

This home is within Rushford-Peterson Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rushford-Peterson Elementary School
PublicPK to 5

Rushford-Peterson Middle School
Public6 to 8

Rushford-Peterson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

116 Mill Street is a single family home for sale in Peterson, MN 55962. This property was listed for sale on December 24, 2025 by United Country Real Estate Midwest Home and Farm Realty, it's currently listed at $100,000. It has been on the market for a total of 1 days and was last sold on October 15, 2014. This listing's school district is Rushford-Peterson Public Schools. Nearby schools include Rushford-Peterson Elementary School, Rushford-Peterson Middle School and Rushford-Peterson Senior High School. 116 Mill Street is a 1-bed, 0-bath, single family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of United Country Real Estate Midwest Home and Farm Realty

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2025 04:48 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.