Description
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....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. No utilities are currently connected, 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.
- Listed by United Country Real Estate & Midwest Home and Farm Realty
Property Details for 116 Mill Street
Property Details for 116 Mill Street
| Status | Active |
|---|---|
| MLS # | 7002505 |
| Days on Compass | 5 |
| Taxes | $1,334 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 2018 |
| Lot Size | 0.30 AC / 12,893 SF |
| County | Fillmore County |
Location
Building Information for 116 Mill Street
Payment Calculator
$599 per month
30 year fixed, 6.15% Interest
$487
$111
$0
Property Information for 116 Mill Street
- 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
- 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
- High School District: 1133 - Rushford-Peterson
- School District Number: 1133
- School District Phone: 5078647785
- 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
- Sewer: City Sewer - In Street
- Water Source: City Water - In Street
- Accessibility Features: None
- Foundation Area: 1440.0
- Fuel: Natural Gas
- Road Frontage Type: City Street
- Road Responsibility: Public Maintained Road
- Roof: Metal
- 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
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 116 Mill Street
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.
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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 01/22/2026 12:56 PM. 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.
