
Elko-Merged W/Nmc
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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
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
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
