20th Ave Benson, MN 56215

Property Details for 20th Ave

Property type

Land

Description

This exceptional 0.97-acre commercial land parcel, located at 0 20th Ave NE/Co 57 in Benson, Minnesota, presents a unique investment opportunity. Priced at $467,548, this property offers considerable flexibility for developers. The site's zoning allows for various development options, providing adaptability to suit diverse project needs. A significant advantage is the potential for annexation into the City of Benson, granting access to city utilities. This access would support a range of developments, including residential housing and potentially light industrial projects. Benson, known as the "City of Parks," is the county seat of Swift County and boasts several major employers. The asking price includes a substantial $55,000 allowance from the seller, specifically designated for the installation of crucial infrastructure elements: tile, pump, and berm. This allowance significantly reduces upfront development costs, making this property even more attractive for investors seeking a strong return. The property's strategic location and development potential make it an ideal investment in a thriving Minnesota community. The zip code is 56215.

Location Insight

City

Benson

County

27151

State

Minnesota

Longitude

-95.583

Latitude

45.3175