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Mixed-Use Land for Sale in Spring Lake Park, Minnesota

8054 Spring Lake Rd NE, Spring Lake Park, MN 55432

$575,000
1.66 acres
Active sale
ago
Est $3,128/mo

Prime 1.7-acre corner site on Hwy 10 with excellent visibility and high traffic counts. Currently zoned C2 with limited commercial uses. Comprehensive Plan guides the property for medium=density residential (up to 10 units per acre). City has indicated receptiveness to R-3 rezoning, make this an ideal opportunity for townhome, multifamily, or senior housing development. Strong nearby housing demand supports the area, with neighboring properties reporting extended waitlists for 2 bed units and rates around $1700/month. Senior housing benefits from reduced parking requirements, allowing for more efficient layout. Hwy 10 corridor improvements and potential lane/access modifications may impact future access. Existing home is a teardown and sold as-is. Buyer to verify all zoning, density, market and development requirements.

Sq feet
1937
Built

Location

Street address
8054 Spring Lake Rd NE
Community
Auditors Sub 89
Elevation
914 feet
Coordinates
45.1141, -93.2257

Directions

From Hwy 65 & Hwy 10, go east on Hwy 10 to Spring Lake Road NE, Property is on the corner of Hwy 10 and Spring Lake Road.

Property details

Acreage
1.661 acres
Zoning
Business/Commercial
MLS #
RMLS 7068759
Posted

Property taxes

2026
$4,440

Parcels

  • 063023320043

Legal description

Listing history

DateEventPriceChangeSource
May 6, 2026New listing$575,000RMLS
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This 1.661-acre property is located at 8054 Spring Lake Rd NE in Spring Lake Park, MN 55432. The property is available for sale for $575,000. It has a structure built in 1937.

Listed by Counselor Realty, (952) 921-0911

Checked 2 hours agoUpdated Source

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