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About the Listing 5158 - 502022493,505501078
Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter
- Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Air Cond:
- Heating: Baseboard,Electric,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1293
- Below Ground Sq Ft: 385
- Basement: Block,Daylight/Lookout Windows,Finished,Partially Finished,Storage Space
- Other: Sun Room,Main Floor Full Bath,Informal Dining Room,3 BR on One Level
- Water: Private,Well
Exterior Details
- Lot Description: Irregular Lot
- Garage Capacity: 2 car
- Lot Dimensions: 289x562x208x379
- Zoning: Residential-Single Family
- Roof: Age Over 8 Years,Asphalt
- Others:
- Sewer: Private Sewer,Tank with Drainage Field
- Parking Features: Attached Garage,Gravel,Multiple Garages
Financial Details
- Tax Amount: $4,470
- Taxes w/Assessments: N/A
- Tax/Property ID: 75001353306
- Tax Year: 2026
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Questions About..
11039 181st Ave NW Elk River, MN 55330
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