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$96,000
/mo Edit
Lot/Land:  Lot/Land
0.4 acres
MLS# 7006942
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    Property Description

    Rare opportunity to establish your business in growing Elko. This .40-acre parcel, consisting of three combined lots, is ideally located in Elko’s developing business district with excellent access to Highway 2 and Interstate 35. The visibility, accessibility, and future upside make this an attractive option for a small business owner ready to invest in their own location while also creating future rental income potential. Build a storefront, office, or commercial space with the possibility of additional income-producing units or leased space. With growth continuing in the area, now is the time to secure your place in Elko’s future. See supplements for permitted uses.

    Listing

    Contingency: None
    City: Elko New Market
    County: Scott
    State: MN
    Property Style: Lot/Land
    Zip Code: 55020
    Subdivision Name: Elko-Merged W/Nmc

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage: City Street

    Lot & Land

    Acres: 0.4
    Geolocation: 44.564304, -93.326435
    Inclusions: Platted
    Lot Dimensions: 120 x 138
    Restrictions: Open
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 937
    District Phone: 9522322000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $914
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $914
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Paved Streets
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.