Excellent opportunity to purchase and develop a large tract located at the intersection of Hwy 371 and Hwy 210 in Baxter. Prime location for multiple retailers and/or fast-food chains with drive-thru capability. Smaller pad sites are available to suit buyers needs. Site provide high traffic counts and excellent visibility in a growing commercial area with numerous big-box retailers, medical services and more.

• Purchase Price: $3,652,500.00
• Directions: Located at the NW corner of the stoplight intersection of Hwy 371 and Hwy 210
• Lot Size (Sq. Ft): 230
• Lot Size (Acres): 5.28
• Lot Dimensions: 452.98' x 324.32' x 425.13' x 122.14' x 204.35' x 18.76' x 217.78' x 202.45' x 296.35'
• Road Frontage: 324.32' on Hwy 371, 452.98’ on Hwy 210 and 204.35' on Excelsior Road
• Property Tax Year: 2023
• Annual Property Tax: $20,796.00
• Property Features / Assets: Pad Sites available - suited to meet clients needs - divisible to one half acre up to five acres - with potential for drive-thru capability
• Water: City
• Sewer: City
• Utilities Available: Natural Gas, Electric, Phone, Internet & Cable
• Neighboring Businesses: The property is located just north of Costco. Others nearby include Lake Region Christian School and First Baptist Church, Baymont Inn, Stepping Stones Childcare, Frandsen Bank, Cub Foods, Holiday Gas, Cashwise Liquor, Dough Bros, Poncho & Lefty's, Taco Bell, Gander Outdoor, Caribou Coffee, Einstein Bagel, Aspen Dental, Five Guys, Chipotle, Jersey Mikes, Verizon, Kohls, Fleet Farm,Wings Financial, CentraCare, DN Nails, Jiffy Lube, Home Depot, Dick’s Sporting Goods, TJ Maxx, PetSmart, Ulta Beauty, Home Goods, Hobby Lobby, El Tequila, Walmart, Discount Tire, Northwoods Plaza, Riverstone Center, MidMN Fed CU, Crosby Regional Medical Center, Minneapolis Heart, Essentia Baxter Clinic, Surgery Center, North Medical Supply, Nystrom & Associates, plus numerous others.
• Traffic Counts: 19,368 (2021) - 31,482 (2021) on Hwy 371, 15,290 (2021) - 27,888 (2021) on Hwy 210 and 3,478 (2021) - 7,300 (2019) on Excelsior Road
• MLS #: 4433878
• CC File #: 780
• Zoning: C2-Regional Commercial
• PID#: 40070849 & 40070848
• Legal Description: N 350 ft of W 200 ft of NE 1/4 of NE 1/4 AND E 500 ft lying N of Railway ROW of NE 1/4 of NE 1/4 exc Hwy ROW exc N 155.1 ft subj to quiet title action per Doc #779763