Listed at
$80,000

Elko-Merged W/Nmc

9615 Main Street, Elko New Market, MN, 55020
0.4  Acres
Days on market262
TypeLand
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About this home

Bring your ideas, bring your vision, and bring your offers! Sellers would love a quick sale! This rare .40-acre commercial parcel—made up of three combined lots—offers an exciting opportunity to get into one of Elko's growing business areas before values climb even higher. With easy access to Highway 2 and Interstate 35, this property is well-positioned for a variety of business and development possibilities. Whether you're looking to build a storefront, office, service business, contractor shop, mixed-use building, or income-producing commercial space, the possibilities are worth exploring. Commercial land at this price point is becoming increasingly difficult to find, making this an attractive opportunity for business owners, investors, and developers alike. In fact, the property is priced below the cost of many comparable commercial lots, creating the potential for immediate equity as development continues throughout the area. Own your location instead of leasing, create future rental income, develop multiple units, or bring a concept that fills a need in this growing community. The seller is open to reviewing all offers and welcomes creative ideas. Opportunities like this don't come along often. Take a look, run the numbers, and see what you can create here. See supplements for permitted uses.

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Home facts

Property typeLand
Lot size0.4 acres (120x138)
Days on market262
ListedJan 9, 2026
MLS #NST7006942
CountyScott
SubdivisionElko-Merged W/Nmc
Parcel #230290350

Facts & features

Interior

Bathrooms
0

Property

Lot size
0.4 acres
Lot dimensions
120x138
Road frontage
City Street
Road responsibility
Public Maintained Road
Parcel #
230290350
Zoning
Business/Commercial

Construction

Property type
Land

Utilities

Utilities
Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available

Community & HOA

Subdivision
Elko-Merged W/Nmc
HOA
No HOA
School district
194 - Lakeville
High school district
Lakeville

Financial & listing details

Annual tax
$1,854 (2026)
Listed
Jan 9, 2026
Days on market
262
Inclusions
Platted

Interior details

Total bathrooms0

Exterior & lot

Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningBusiness/Commercial

Utilities

Parking & garage

Financial details

Annual taxes$1,854
Tax year2026
Taxes w/ assessments1854
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District194 - Lakeville
District number194
District phone9522322000
High schoolLakeville
SODL flat fee brokerage
$0Estimated buyer credit
SODL platform fee $2,400Your buyer credit $0

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$602/mo
Principal & interest$420
Property taxes$155
Home insurance (est.)$27
%
$16,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

9615 Main Street, Elko New Market, MN, 55020

Listing information

MLS #NST7006942
StatusActive
Last updatedSep 23, 2026, 9:22 PM
Originally listedJan 9, 2026, 11:54 AM
Listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.