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TBD Peterson Path, Pequot Lakes, MN 56472

New Listing

$549,000

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Property Type: Land Lot Size (sq. ft.): 187,308 Status: Active

Current Price: $549,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

Prime Commercial Development Opportunity – 4.3 Acres on Highway 371. Position your business for success with this exceptional 4.3-acre commercial parcel located on highly traveled Highway 371 in the heart of Minnesota's Lakes Area. This rare, ready-to-build property offers outstanding visibility, convenient access, and tremendous development potential in one of Central Minnesota’s fastest-growing commercial and recreational corridors. Capitalize on the region's booming tourism, year-round outdoor recreation, and steady population growth. With direct frontage access on Highway 371, this site benefits from excellent exposure along a major 4-lane arterial route connecting Brainerd, Baxter, Nisswa, Gull Lake, Pequot Lakes, Crosslake, the Whitefish Chain, and beyond. Lot lines shown in pictures are approximate; see survey for exact dimensions.

Listing Details MLS# 7087640

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 555x312x552x347
Acres: 4.3
Assessment Pending: No
Association Fee: 0

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Private Septic Available; Private Well Available Development Status: Site Plan Filed Improvements: Public Road Land Inclusions: For Sale Sign; Survey; Survey Stakes Lot Description: Cleared Property SubType: Commercial Lot; Development Road Frontage: City Street Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Topography: Level

Contract Information

Contingency: None
Original List Price: 549000
ListPrice: 549000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: TBD
Street Name: Peterson Path
Postal City: Pequot Lakes
County: Crow Wing
State: MN
Zip Code: 56472

Assessments

Tax With Assessments: 822
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#: 29
Section#: 27
Township#: 136

Office/Member Info

Association: GLAR

Location, Tax and Other Information

AssocFeeYN: No
Fire Number: TBD
Legal Description: THE S. 200 FT OF THE N. 800 FT OF THE W. 300 FT OF THE E. 500 FT OF THE NE1/4 OF NE1/4 SECTION 27 WITH AN EASEMENT OF RECORD.
Listing City: Pequot Lakes
Map Page: 999
Municipality: Pequot Lakes
School District: Pequot Lakes
School District Phone: 218-568-4996
Zip Plus 4: 1004
Property ID Number: 29270507
Tax Year: 2026
Tax Amount: 822
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Prime Commercial Development Opportunity – 4.3 Acres on Highway 371. Position your business for success with this exceptional 4.3-acre commercial parcel located on highly traveled Highway 371 in the heart of Minnesota's Lakes Area. This rare, ready-to-build property offers outstanding visibility, convenient access, and tremendous development potential in one of Central Minnesota’s fastest-growing commercial and recreational corridors. Capitalize on the region's booming tourism, year-round outdoor recreation, and steady population growth. With direct frontage access on Highway 371, this site benefits from excellent exposure along a major 4-lane arterial route connecting Brainerd, Baxter, Nisswa, Gull Lake, Pequot Lakes, Crosslake, the Whitefish Chain, and beyond. Lot lines shown in pictures are approximate; see survey for exact dimensions.
Directions: From Nisswa, north on HWY 371 to left on Patriot Ave to left on County Road 168 to left on Peterson Path to property on the right.

Development Status

Site Plan Filed: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Cleared: Yes

Restriction/Covenants

None: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Sale Options

Sell Entirely: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Topography

Level: Yes

Available Utilities

Electricity Available: Yes
Natural Gas Available: Yes
None Connected: Yes
Private Septic Available: Yes
Private Well Available: Yes

Improvements

Public Road: Yes

Land Inclusions

For Sale Sign: Yes
Survey: Yes
Survey Stakes: Yes

Property SubType

Commercial Lot: Yes
Development: Yes

Listing Office: Kurilla Real Estate LTD

Last Updated: June - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.