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Residential Development Opportunity

Listed by Nate Grotzke

FOR SALE: RESIDENTIAL DEVELOPMENT SITE: HWY 371, NISSWA

Property Description: Excellent residential development property with a superb location along the southern edge of Nisswa. Potential for single family, duplex, tri-plex and quad home developments with views of Hole in the Day Lake. Located just south of the Sportland Corners intersection, close to numerous lakes, resorts, shopping, dining and more.

Listing Details

mls: 4915795
CC File #: 1477
Address: 23242 Hwy 371
City: Nisswa
State: MN
Zip: 56468
Zoning: UR-Urban Residential
PID#: 280234302AA0009
Legal Description: GL 2 exc W 283 ft of S 312 ft thereof & exc pt of GL 2 lying S'ly of fol desc line: beg at point on W line of sd GL 2 where N line of S 512 ft of sd GL 2 inter sd W line of GL 2 then E'ly para/w S line of sd GL 2 to E line of sd GL2 & sd line there end & also exc S 633.31 ft of GL 2 exc W 283 ft of S 312 ft.
Lot Size : Acres: 20.82
Lot Dimensions: Approx. 686.69' x 1,250'
Sale Price: $389,000.00

Directions: From the Hwy 371/CR 77 intersection in Nisswa - South on Hwy 371 approx. 4,500 feet to the property on the left (east) directly north of Timberwood Church
Property Features & Assets: Lot is 20.82 Gross Acres; Less approx. 1.1 Acre Hwy 371 ROW; Equals approx. 19.72 Net Acres

Property Features

Water: Well will need to be installed
Sewer: Septic will need to be installed
Traffic Counts: 19,800 on Hwy 371
Property Tax Year: 2017
Annual Property Tax: $2,256.00
Road Frontage: Approx. 686.69' along Hwy 371
Neighboring Businesses: Located along the Hwy 371 corridor, businesses nearby include Timberwood Church, DH Docks, Gull Dam Brewery, Spirits of Nisswa, Schaefer's Foods, Holiday Gas Station, Wendy's, Glynlyon, Grandview Resort, The Northland Center, Nisswa Dock, Magnuson Hotel, Frandsen Bank, Blackridge Bank, Zorbaz, Bar Harbor, plus many other unique retail/food/specialty shops within the town of Nisswa.
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Information provided by members of Greater Lakes Association of Realtors. Copyright 2009 Greater Lakes Multiple Listings Service. All rights reserved. Information is deemed reliable but not guaranteed.