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Residential Building Lot in Eastbay Addition
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1031 Eastbay Avenue, Balaton, MN 56115

Residential lot in the Eastbay Addition of Balaton, with access to city water, sewer, and garbage services.

Property Size22,215 SF
Price / SF$0.64
Days on Market2380

Property Features for 1031 Eastbay Avenue

General Information

Standard status Active
Size 22,215 SF
Property subtype Lots/Land
Listing Agency: Edina Realty, Inc.
Listed By: Taylor Onken
Source: Exitrealty
Added: Feb 5, 2020 Changed: Aug 8 Last Checked: Jul 16 at 3:06PM

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 offering is a residential building lot in the Eastbay Addition of Balaton, MN. The seller’s remarks note subdivision covenants in place to help protect the community’s character and value. The property is subject to a state statute requiring the buyer to begin building within one year of purchasing the lot.

The Eastbay Addition is described as being located just on the outskirts of Balaton and includes access to city amenities, including water, sewer, and garbage services. The remarks also reference nearby outdoor recreation opportunities, including city parks and Lake Yankton with boat access, and a par 3 golf course located nearby.

Interested buyers should review the subdivision covenants and the one-year building requirement before proceeding.

Key Highlights

  • Residential lot in the Eastbay Addition of Balaton, MN
  • City water, sewer, and garbage services available at the lot
  • Located just on the outskirts of Balaton, MN in a growing subdivision

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.

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 of Balaton, with access to city water, sewer, and garbage services.
Where is this residential land & home lot located?
The property is located at 1031 Eastbay Avenue 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; City water, sewer, and garbage services available at the lot; Located just on the outskirts of Balaton, MN in a growing subdivision
More about this property
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