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Commercial Development Land
For Sale
$550,000

1955 Highway 47, Isle, MN 56342

Land, Isle, MN

Property SizeContact for details
Lot Size6.18 Acres
Days on Market195

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
Listed By: Jason Spiller
Added: Mar 4 Changed: Aug 19 Last Checked: Sep 15 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 6.18-acre commercial land offering comprises four parcels along Highway 47. Frontage road access serves the site, while sewer and water connections are stubbed at the northwest corner. The property is positioned for commercial development and includes a location adjacent to Dollar General.

Potential concepts identified for the site include retail or office development and multifamily housing with 24+ units in a three-story configuration. Upper floors may offer a 36-foot lakeview. The parcel group provides a substantial land area for evaluating these development options within Isle, Minnesota.

Key Highlights

  • 6.18‑acre commercial development site consisting of four parcels
  • Located along Hwy 47 with frontage road access
  • Sewer and water connections stubbed at the northwest corner

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Plumbing Service Auto Parts Store Storage Facility Furniture & Home Goods

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
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Development site with frontage road access and sewer and water connections stubbed at the northwest corner.
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 $550,000.
What are key features of this property?
This property features: 6.18‑acre commercial development site consisting of four parcels; Located along Hwy 47 with frontage road access; Sewer and water connections stubbed at the northwest corner
More about this property
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