Commercial Development Land with Highway
For Sale
$600,000
1955 Highway 47, Isle, MN 56342
LAND - Isle, MN
Lot Size6.18 Acres
Days on Market150
Property Features for 1955 Highway 47
General Information
Property type
Land
Property subtype
Other
Zoning description
Business/Commercial
Lot features
Cleared
High school district
Isle
Directions
Heading North on Hwy 169, turn right (east) on MN 27. Go pas towns of Wahkon and Isle. Continue straight on MN 47. After passing McQuoid's on left, N.Scenic Drive will be on your left (south end of the properties)
Standard status
Active
APN
200021200
Lot size
6.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2304
Utilities
Utilities
Water Available
Listing Agency:
Keller Williams Premier Realty Lake Minnetonka · Keller Williams Realty
(952) 475-0111
Listed By:
Jason Spiller
(952) 475-0111
Added: Mar 4
Changed: Jun 29
Last Checked: Aug 1 at 8:06AM
MLS# 7030532
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering presents a commercial development site consisting of four parcels totaling 6.18 acres. The property is set up for future improvement with sewer and water connections stubbed in at the northwest corner, supporting a range of development approaches. As described, the site can be considered for retail/office use or for multifamily development with a potential 24+ units, including the possibility of three-story construction and lakeview-oriented top floors where applicable.
The property is located in Mille Lacs County, along Hwy 47, with frontage road access. It sits adjacent to Dollar General, creating a retail-friendly context for businesses that benefit from established shopping activity.
For developers and investors, the key practical advantage is the combination of multi-parcel flexibility and in-place utility readiness at the northwest corner. The existing apartment communities referenced in the remarks are fully leased with substantial waitlists, which may be relevant to operators evaluating demand for additional housing on the overall holding. Please contact the listing agent for details on development options and parcel information, including the specific PID references tied to the site.
The property is located in Mille Lacs County, along Hwy 47, with frontage road access. It sits adjacent to Dollar General, creating a retail-friendly context for businesses that benefit from established shopping activity.
For developers and investors, the key practical advantage is the combination of multi-parcel flexibility and in-place utility readiness at the northwest corner. The existing apartment communities referenced in the remarks are fully leased with substantial waitlists, which may be relevant to operators evaluating demand for additional housing on the overall holding. Please contact the listing agent for details on development options and parcel information, including the specific PID references tied to the site.
Key Highlights
- 6.18‑acre commercial development site on Hwy 47 with frontage road access
- Four‑parcel site in Mille Lacs County with water available; sewer and water connections stubbed at the northwest corner
- Adjacent to Dollar General
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 56342, MN
2,791
Population
2,409
Households
1.2
Avg Household Size
55
Median Age
18%
College-Educated
93%
High-School Grad
193.0 sq mi
ZIP Area
14
Density / Sq Mi
$61,313
Median Household Income
$41,350
Median Earnings
$836
Median Rent
$233,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Four-parcel site with highway frontage and utility stubs, positioned next to Dollar General for flexible commercial and housing concepts.
Where is this commercial land located?
The property is located at 1955 Highway 47 Isle, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 6.18‑acre commercial development site on Hwy 47 with frontage road access; Four‑parcel site in Mille Lacs County with water available; sewer and water connections stubbed at the northwest corner; Adjacent to Dollar General
