PENDING!

Rare development opportunity near the Sportland Corners intersection in Nisswa. Large tract of 133+ acres includes both commercial and residential zoning providing mixed-use development potential. Nearly 4,000’ of Hwy 371 frontage offers prime visibility and high traffic counts.

• Purchase Price: $4,900,000.00
• Directions: rom the Hwy 371 / CR 77 stoplight intersection in Nisswa - East on CR 77 - South on Hazelwood Drive S to the end of the road
• Lot Size (Acres): 133.60
• Lot Dimensions: Irregular - See Brochure
• Road Frontage: Approx. 3,966’ along Hwy 371, 1,018’ along Polks Road, and 81’ where Hazelwood Dr S currently ends
• Property Tax Year: 2024
• Annual Property Tax: $10,612.00
• Water: Wells would need to be installed - Nisswa currently has no municipal water supply
• Sewer: City hook-up available - Municipal waste-water is located on the East side of Hwy 371 and can to be extended to the property. Buildings can be constructed with a septic system subject to City of Nisswa approval.
• Neighboring Businesses: Located near Sportland Bait & Tackle, All Seasons Storage, Holiday, Nisswa Family Fun Waterpark, GrowthZone, Johnson Mini Storage, Boats & Beyond Rentals, Nisswa Hair Salon, Positive Realty, Sully’s Self Storage, Wendy’s, Schaefer’s Foods, Spirits of Nisswa, Roundhouse Brewery, FastTrax Marine, DH Docks, American National Bank, Frandsen Bank, Nisswa Hotel & Suites, Nisswa Marine, Grandview Lodge, Bar Harbor, Zorbaz, plus numerous others.
• Traffic Counts: 18,800 (2019) on Hwy 371 and 5,000 (2019) on CR 77
• MLS #: 6411159
• CC File #: 1717
• Zoning: HB - Highway Business & UR - Urban Residential
• Legal Description: 28230540: 16.61 Acres (Address 23787 Hwy 371) NE 1/4 of NW 1/4 exc N 700 ft of sd NENW & exc N 1000 ft of W 100 ft of sd NENW & exc parcel 621A shown on MN DOT ROW Plats 18-95 & 18-96; 28230538: 3.02 Acres - E 380 ft of NW 1/4 of NW 1/4 exc N 1000 ft of NWNW & also exc parcel 621A shown on MN DOT ROW Plats 18-95 & 18-96; 28230533: 23.57 Acre s- N 660 ft of SE 1/4 of NW 1/4 & also incl N 660 ft of E 380 ft of SW 1/4 of NW 1/4 exc parcel 621A shown on MN DOT ROW Plats 18-95 & 18-96; 28230532: 18.38 Acres (Address 23635 Hwy 371) SE 1/4 of NW 1/4 exc 660 ft thereof & also exc parcel 621A shown on MN DOT ROW Plats 18-95 & 18-96; 28230535: 5.98 Acres - E 380 ft of SW 1/4 of NW 1/4 exc N 660 thereof; 28230531: 35.02 Acres - NE 1/4 of SW 1/4 exc parcel 621A on MN DOT ROW Plats 18-95 & 18-96; 28230517: 31.15 Acres - SE 1/4 of SW 1/4 exc S 33 ft thereof & exc parcel 621A on MN DOT ROW Plats 18-95 & 18-96