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TBD 365th Street Way, Cannon Falls, MN 55009

Property Type: Land Lot Size (sq. ft.): 561,924 Status: Active

Current Price: $1 List Date: 3/10/2026 Last Modified: 5/27/2026

Overview

Description

Total of 13 acres commercially zoned land available right on HWY 52 south of Cannon Falls 4 minutes at the former Edgewood Restaurant site. There is a possibility to also rent space in the existing building (see MLS #7029018). Use for outdoor storage or any number of other commercial uses. Build to suit is possible. Or rezone for residential. Asking $0.50 a SQ FT per year for lease, minimum half acre. For purchase asking $1.75 per SQ FT per year with a 5 acre minimum requirement. The lot may only be split once so this is the reason for this. It is the only land zoned commercial in Leon Township. 3.5 Acres mostly cleared flat with frontage on hwy 52. 5 acres mostly level heavy woods further west (also zoned commercial). 4 plus acres of heavy timber on 80 degree slope down into ravine at west and north boundaries of parcel. Adjacent former motel is not part of this parcel. Rates are negotiable.

Listing Details MLS# 7034309

General Property Information

Comp Sale YN: No
Development: No
Drainage: Average
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: irregular
Acres: 12.9
Assessment Pending: No
Association Fee: 0

Property Features

Available Utilities: Electricity Available; Electricity Connected Development Status: Raw Land Improvements: Unimproved Streets Land Inclusions: Easements; Platted; Survey; Survey Stakes Lot Description: Cleared; Tillable; Tree Coverage - Heavy Outbuildings: Additional Garage Road Frontage: Highway; Private Road Sale Options: Other; Sell Entirely; Will Build to Suit; Will Divide; Will Exchange; Will Lease Sellers Terms: Cash; Contract for Deed; Conventional; Special Funding; Trade Topography: Wooded; High Ground; Level; Other; Ravine

Contract Information

Contingency: None
Original List Price: Yes
ListPrice: Yes
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: TBD
Street Name: 365th Street
Street Suffix: Way
Postal City: Cannon Falls
County: Goodhue
State: MN
Zip Code: 55009

Assessments

Tax With Assessments: 3700
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 17
Section#: 17
Township#: 111

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-17 TWP-111 RANGE-017 12.90 AC DOC#662362 PT OF SE1/4 SEC 17-111-17 BEG 820 FT W OF S E COR, W500FT, N924FT, E820FT, SW TO BEG 29/100 AC HWY EASE EX 1.1AC DOC#533836 REC 6/16/06 ID# 37-0000-26900 (PT)
Listing City: Cannon Falls
Map Page: 999
Municipality: Leon Twp
School District: Cannon Falls
School District Phone: 507-263-6800
Zip Plus 4: 2729
Property ID Number: TBD
Tax Year: 2025
Tax Amount: 3700
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Total of 13 acres commercially zoned land available right on HWY 52 south of Cannon Falls 4 minutes at the former Edgewood Restaurant site. There is a possibility to also rent space in the existing building (see MLS #7029018). Use for outdoor storage or any number of other commercial uses. Build to suit is possible. Or rezone for residential. Asking $0.50 a SQ FT per year for lease, minimum half acre. For purchase asking $1.75 per SQ FT per year with a 5 acre minimum requirement. The lot may only be split once so this is the reason for this. It is the only land zoned commercial in Leon Township. 3.5 Acres mostly cleared flat with frontage on hwy 52. 5 acres mostly level heavy woods further west (also zoned commercial). 4 plus acres of heavy timber on 80 degree slope down into ravine at west and north boundaries of parcel. Adjacent former motel is not part of this parcel. Rates are negotiable.
Directions: 4 minutes south of cannon falls right on hwy 52

Development Status

Raw Land: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Cleared: Yes
Tillable: Yes
Tree Coverage - Heavy: Yes

Outbuildings

Additional Garage: Yes

Restriction/Covenants

Easements-Road/Right of Way: Yes
Easements-Utility: Yes

Road Frontage

Highway: Yes
Private Road: Yes

Sale Options

Other: Yes
Sell Entirely: Yes
Will Build to Suit: Yes
Will Divide: Yes
Will Exchange: Yes
Will Lease: Yes

Sellers Terms

Cash: Yes
Contract for Deed: Yes
Conventional: Yes
Special Funding: Yes
Trade: Yes

Topography

Wooded: Yes
High Ground: Yes
Level: Yes
Other: Yes
Ravine: Yes

Available Utilities

Electricity Available: Yes
Electricity Connected: Yes

Improvements

Unimproved Streets: Yes

Land Inclusions

Easements: Yes
Platted: Yes
Survey: Yes
Survey Stakes: Yes

Listing Office: Real Estate Masters, Ltd.

Last Updated: May - 27 - 2026

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