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Residential Building Lot
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1020 Eastbay Ave, Balaton, MN 56115

Residential lot in the Eastbay Addition with city utilities available, located near parks and Lake Yankton.

Property Size81,457 SF
Price / SF$0.20
Days on Market2379

Property Features for 1020 Eastbay Ave

General Information

Standard status Active
Size 81,457 SF
Property subtype Lots/Land

Additional Details

Utilities to Site Yes
Listing Agency: Edina Realty, Inc.
Listed By: Taylor Onken
Source: Exitrealty
Added: Feb 6, 2020 Changed: Aug 8 Last Checked: Jul 16 at 3:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.

Investment Insights

Based on property information with market context.

This residential building lot is located within the Eastbay Addition in Balaton, MN. The seller notes access to city amenities, including water, sewer, and garbage services, with subdivision covenants in place to protect the community’s character and value.

The property is described as being on the outskirts of Balaton, with nearby city parks and Lake Yankton offering boat access for outdoor recreation. The remarks also indicate a par 3 golf course is near the lot.

A tax abatement incentive is mentioned as available, and buyers should note that state statute requires construction to begin within one year of purchasing the lot.

Key Highlights

  • Residential lot in the Eastbay Addition of Balaton, MN, with city utilities available (water, sewer, and garbage).
  • Located on the outskirts of Balaton, with nearby city parks and access to Lake Yankton for boating.
  • Eastbay Addition subdivision includes covenants to help protect the addition’s beauty and value.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Hair Salon Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 56115, MN

1,288
Population
561
Households
2.3
Avg Household Size
45
Median Age
28%
College-Educated
97%
High-School Grad
123.5 sq mi
ZIP Area
10
Density / Sq Mi
$67,177
Median Household Income
$42,375
Median Earnings
$1,057
Median Rent
$191,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in the Eastbay Addition with city utilities available, located near parks and Lake Yankton.
Where is this residential land & home lot located?
The property is located at 1020 Eastbay Ave Balaton, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Residential lot in the Eastbay Addition of Balaton, MN, with city utilities available (water, sewer, and garbage).; Located on the outskirts of Balaton, with nearby city parks and access to Lake Yankton for boating.; Eastbay Addition subdivision includes covenants to help protect the addition’s beauty and value.
More about this property
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