$1,800,000
$1,999,999
10.0%For more information regarding the value of a property, please contact us for a free consultation.
1112 River RD NE Saint Michael, MN 55376
45.27 Acres Lot
Key Details
Sold Price $1,800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6706518
Sold Date 03/06/26
Year Built 1894
Annual Tax Amount $7,082
Tax Year 2024
Contingent None
Lot Size 45.270 Acres
Lot Dimensions 1544x1319x1557x1316
Property Description
46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town's already sought after appeal.
You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential.
Buyer need to verify all remarks.
Location
State MN
County Wright
Zoning Industrial,Residential-Multi-Family
Interior
Fireplace No
Exterior
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Private Septic Available, Private Septic Connected, Private Well Connected, Water Available
Schools
School District Buffalo-Hanover-Montrose
Others
Restrictions Open
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