1955 Highway 47, Isle, MN 56342

$600,000
Property Type: Land Lot Size (sq. ft.): 269,201 Status: Active
Current Price: $600,000 List Date: 3/04/2026 Last Modified: 4/06/2026

Overview

Description

Commercial development site (6.18 acres) 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 $250,000 for PID's: 20-002-1401 & 20-002-1300; $350,000 for PID's:20-002-1200 & 20-561-0010. Call agents for details; do not use Showing Time.

Listing Details MLS# 7030532

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
No
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Lot Dimensions
Common
Acres
6.18
Assessment Pending
Unknown
Association Fee
0

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Development Status: Raw Land Improvements: Public Road Land Inclusions: Survey; Survey Stakes Lot Description: Cleared Property SubType: Commercial Lot Road Frontage: State Road Road Responsibility: Public Maintained Road Sale Options: Sell Entirely; Will Divide Topography: Level

Contract Information

Contingency
None
Original List Price
600000
ListPrice
600000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1955
Street Name
Highway 47
Postal City
Isle
County
Mille Lacs
State
MN
Zip Code
56342

Additional Parcels Information

Property ID #2
200021401
Property ID #3
200021300,205610010

Assessments

Tax With Assessments
2304
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
25
Section#
2
Township#
42

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
CITY OF ISLE S 34 RDS OF SW OF NE W OF NEW HY 47 2 42 25 4.37
Listing City
Isle
Map Page
999
Municipality
Isle
School District
Isle
School District Phone
320-676-3146
Zip Plus 4
7589
Property ID Number
200021200
Tax Year
2025
Tax Amount
2304
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Commercial development site (6.18 acres) 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 $250,000 for PID's: 20-002-1401 & 20-002-1300; $350,000 for PID's:20-002-1200 & 20-561-0010. Call agents for details; do not use Showing Time.
Directions
Heading North on Hwy 169, turn right (east) on MN 27. Go pas towns of Wahkon and Isle. Continue straight on MN 47. After passing McQuoid's on left, N.Scenic Drive will be on your left (south end of the properties)

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Cleared
Yes

Restriction/Covenants

None
Yes

Road Frontage

State Road
Yes

Road Responsibility

Public Maintained Road
Yes

Sale Options

Sell Entirely
Yes
Will Divide
Yes

Topography

Level
Yes

Available Utilities

Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Water Available
Yes

Improvements

Public Road
Yes

Land Inclusions

Survey
Yes
Survey Stakes
Yes

Property SubType

Commercial Lot
Yes
Listing Office: Keller Williams Premier Realty Lake Minnetonka
IDX
Last Updated: April - 06 - 2026
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