176 Main St Foreston, MN 56330
This exceptional .67-acre commercial lot in Foreston, Minnesota, presents a remarkable opportunity for development. Located at 176 Main Street, this property boasts convenient highway frontage on Highway 23, with additional access from Main Street, ensuring high visibility and accessibility. The expansive, open land simplifies the construction process, making it ideal for a variety of projects. The lot's zoning allows for diverse uses, including a single-family home or a multi-unit apartment building, catering to a range of investment strategies. Furthermore, the availability of city water and sewer services significantly streamlines the development process, reducing infrastructure costs and accelerating project timelines. Situated in Mille Lacs County, with a zip code of 56330, this property offers a strategic location within a growing community. The asking price for this exceptional lot is $59,900. This represents a compelling investment opportunity given the land's size, location, and development potential. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving Minnesota community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
2 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.