453 Westover Rd Two Harbors, MN 55616
- Commercial real estate
- 40.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 453 Westover Rd
- Lot size
- 40.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 40-acre property, located at 453 Westover Rd, Two Harbors, MN 55616, presents a unique investment opportunity. Zoned R-1, it allows for residential development of 10-acre lots, making it suitable for a country home development or single-family acreage. The land measures approximately 660 feet by 2,640 feet and boasts a topography that slopes upward from front to back. Test borings reveal high-quality basalt rock and granite, suggesting potential for a quarry or mining operation. While no mining permits are currently in place (these must be obtained by the purchaser), the site is partially improved with a haul road, a filter pond, and 10 acres already cleared for exploration and ready for development as a rock quarry or mining operation. Existing utilities include electricity, a private well, and a septic system. The asking price is $1,200,000, translating to $30,000 per acre. This property offers significant potential for diverse development, combining residential possibilities with the exciting prospect of resource extraction. Serious inquiries are encouraged.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Two Harbors
- County
- Lake
- State
- Minnesota
- Longitude
- -91.7587903
- Latitude
- 47.0726054
