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1955 Highway 47 1.54 - 4.64 Acre Commercial Land Lots Offered at $250,000 - $350,000 Per Lot in Isle, MN 56342

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Investment Highlights

Commercial property development ready
Sewer and water connections stubbed in at the northwest corner
Adjacent to Dollar General

Direct Highway 47 access
C-2 Commercial District permits a variety of uses

Executive Summary

Well-positioned infill opportunity suited for multifamily development. Preliminary City feedback supports residential density, helping reduce entitlement risk and streamline the path to construction. Potential upper story views of Lake Mille Lacs and resident lake access, provide a basis for rent premiums and improved project economics. 6.18-acre commercial development site consisting of four parcels. Located in Mille Lacs Cty. Along Hwy 47 with frontage road access. Sewer/ water connections stubbed in at the northwest corner. Adjacent to Dollar General. Options: retail/office, multifamily (24+ units possible) 3 stories, 36 ft lakeview possible top floors. Existing apartment communities are fully leased with substantial waitlists.

IsleLand.MarketingFlyer.RenderingApt.Building.4.29.26

Property Facts

Price	$250,000 - $600,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Office Hospitality Auto Repair Bank Bowling Alley Convenience Store Daycare Center General Freestanding Health Club Lodge or Meeting Hall Medical Motel Religious Facility Skating Rink Storefront Storefront, Retail or Office Strip Center Supermarket Warehouse
No. Lots	2	Total Lot Size	6.18 AC
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - Commercial District

Price	$250,000 - $600,000
Sale Type	Investment
No. Lots	2
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Office Hospitality Auto Repair Bank Bowling Alley Convenience Store Daycare Center General Freestanding Health Club Lodge or Meeting Hall Medical Motel Religious Facility Skating Rink Storefront Storefront, Retail or Office Strip Center Supermarket Warehouse
Total Lot Size	6.18 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	C-2 - Commercial District

2 Lots Available

Lot

Price	$350,000	Lot Size	4.64 AC
Price Per AC	$75,431.03

Price	$350,000
Price Per AC	$75,431.03
Lot Size	4.64 AC

Parcels 20-561-0010 and 20-002-1200 : 4.64 acres. Along Hwy 47 with frontage road access. Adjacent to Dollar General. Sewer/water connections stubbed in at northwest corner

Lot

Price	$250,000	Lot Size	1.54 AC
Price Per AC	$162,337.66

Price	$250,000
Price Per AC	$162,337.66
Lot Size	1.54 AC

20-002-1401 and 20-002-1300: 1.54 acres Excellent visibility and accessibility with direct Hwy 47 access plus two additional entrances from the west frontage road. Sewer/ water connections are stubbed in at the northwest corner.

Description

Well positioned 6.18-acre commercial development site consisting of four parcels. Located in Mille Lacs County, SE corner of Lake Mille Lacs. Ready for development. Excellent visibility and access along Hwy 47, with west frontage road access. Sewer and water connections are already stubbed in at the northwest corner of site.

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Somewhat walkable

20/100

Exceptionally drivable

100/100

Somewhat bikeable

20/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 20-561-0010 20-002-1200 20-002-1300 20-002-1401	Improvements Assessment	$0
Land Assessment	$231,300	Total Assessment	$231,300

Property Taxes

Parcel Numbers

Multiple

20-561-0010
20-002-1200
20-002-1300
20-002-1401

Land Assessment

$231,300

Improvements Assessment

Total Assessment

$231,300

(952) 473-0903

Contacts

Jeff Stedman
Jason Spiller
KW Commercial

Listing ID: 39678981
Date on Market: 3/5/2026
Last Updated:
Address: 1955 Highway 47, Isle, MN 56342

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1955 Highway 47, Isle, MN for sale Primary Photo- Image 1 of 6 — Aerial of 4 Parcels

1955 Highway 47, Isle, MN for sale Building Photo- Image 2 of 6 — Parcels with MF Rendering

1955 Highway 47, Isle, MN for sale Building Photo- Image 3 of 6 — Western edge of parcels

1955 Highway 47, Isle, MN for sale Building Photo- Image 4 of 6 — Parcels adjacent to Dollar General

1955 Highway 47, Isle, MN for sale Building Photo- Image 5 of 6 — Parcels with Hwy 47 access

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