For Sale: Elk River MLS# 7118949
Active
NEW!
$650,000
Lot/Land: Lot/Land
Built 1971
2.34 acres
Elk River schools
MLS# 7118949
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Property Type:
Lot/Land
City:
Elk River
Garage Spaces:
2
County:
Sherburne
Year Built:
1971
State:
MN
Property Style:
Lot/Land
Zip Code:
55330
Exterior
Garage Spaces:
2
Out Buildings:
Storage Shed
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Paved Streets
- Storm Sewer
- Street Lights
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
2.34
Geolocation:
45.301901, -93.547711
Inclusions:
For Sale Sign
Lot Dimensions:
289 x 562 x 208 x 379
Restrictions:
Open
Zoning:
Residential-Single Family
Lot Description:
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Gently Rolling, Level, Walkout, Wooded
Schools
School District:
728
District Phone:
7632413400
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,470
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,470
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Subdivided
Improvements:
Paved Streets, Public Road, Storm Sewer
Available Utilities:
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Private Septic Connected
- Private Well Connected
- Sewer Available
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Haller Realty Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.