Tbd Bay RoadColeraine, MN 55722

Property Details for Tbd Bay Road

Year built

1900

Lot size

136.30 AC

Property size (Sq ft)

1 SF

Property type

Commercial real estate

Description

This exceptional 136.3-acre commercial land parcel in Coleraine, Minnesota presents a unique development opportunity. Priced at $750,000, this offering encompasses five buildable lots sold as a single package, providing significant economies of scale. The property boasts unparalleled visibility from Highway 169, with an estimated 10,500 vehicles passing daily according to Minnesota Department of Transportation data. Its strategic location near Eagle Ridge Estates and its adjacency to the Eagle Ridge Golf Course offer a desirable setting for various commercial ventures. The expansive wooded land includes access to Trout Lake, enhancing its recreational appeal. The property is situated within a Common Interest Community, providing access to a 20-acre marina complete with a cement boat ramp and over 20 boat slips. This community also features a private, gated-like entrance system, offering residents and businesses a sense of exclusivity. Proximity to recreational amenities such as the Mesabi Trails (ideal for biking), Mount Itasca State Park (offering skiing and hiking opportunities), and a network of ATV and snowmobile trails further enhances the property's attractiveness. This is a rare chance to acquire a substantial land holding with exceptional visibility and access to a thriving community. The potential for development is significant, making this an attractive investment for discerning buyers. The total square footage is listed as 1 square foot, however this is likely a data entry error and should be considered in the context of the overall acreage.

Location Insight

City

Coleraine

County

Itasca

State

Minnesota

Latitude

47.2756

Longitude

-93.4404

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