9615 Main StreetElko New Market, MN 55020
$80,000
0.4 acre lot
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. The City of Elko New Market has this property zoned for B-2 uses. If you'd like a different type of zoning for your desires, you can submit a comprehensive plan amendment to the city!
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 0.4 acres
- Property taxes
- $1,854 a year
- Listed
- January 9, 2026
- MLS number
- 7006942
Listing courtesy of Coldwell Banker Realty (Laura L. Berger). MLS #7006942.
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How it compares
9615 Main Street, Elko New Market, MN 55020 is a lot, listed for $80,000 on January 9, 2026 by Coldwell Banker Realty. That is in the middle range of the 16 land and lots for sale in Elko New Market right now (median $99,500).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Elko New Market community guideSchools, commutes, parks, home values and local stories.
- Elko New Market housing market, September 2026Homes sold for a median $465,000 over 12 months (+6.9%), 65 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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