5XXX State Highway 70 Pine City, MN 55063
- Specialty properties
- 37.95 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 5XXX State Highway 70
- Lot size
- 37.95 lot acres
- Property type
- Specialty properties
- Property subtype
- Land
Description
This exceptional 37.95-acre commercial land parcel presents a unique investment opportunity in Pine City, Minnesota. Strategically situated at the southwest junction of US I-35 and State Highway 70, this property boasts unparalleled visibility and accessibility. Zoned for Business/Commercial use, it offers a wide range of development possibilities, including retail, professional services, restaurants, and light manufacturing. The site features approximately 388 feet of frontage along US I-35, 473 feet along the I-35 southbound on-ramp, and 675 feet along State Highway 70, ensuring maximum exposure to high traffic volumes. An existing billboard lease adds to the property's income potential. Utilities include readily available electricity, while well and septic systems, and LP gas are typical for this area. The property's location midway between the Twin Cities and Duluth, within a thriving tourism region featuring state parks and forests, further enhances its appeal. Neighboring businesses include established names like Cemstone Concrete, Federated Co-op, and several popular restaurants and bars. Prospective buyers are advised to independently verify all zoning regulations, dimensions, and other details with the City of Rock Creek (cityofrockcreek.org) and review the zoning ordinance provided in the offering memorandum. The asking price for this remarkable property is $549,000. The property's APN is 43.0344.000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pine City
- County
- Pine
- State
- Minnesota
- Longitude
- -92.9954
- Latitude
- 45.7631
