1112 River Road NE, Saint Michael, MN 55376

$1,800,000

Property Type: Land Lot Size (sq. ft.): 1,971,961 Status: Closed

Current Price: $1,800,000 List Date: 4/21/2025 Last Modified: 3/09/2026

Overview

Description

46+/- investment opportunity with tremendous development potential inside the city limits of Hanover. This prime piece is in a growing area nestled amongst developments within 40 minutes of Minneapolis. The development options are split right through the property with multi-family / residential options on the north side and industrial on the south. This community is open to ideas to strengthen the town’s already sought after appeal. You can find everything at your fingertips but still maintaining that small town feel. If you are looking for an investment opportunity this is it. These types of acreage do not come along often and anyone would be lucky to acquire. Hanover is northwest of the cities and is within striking distance of Rogers, St. Michael, Otsego, Albertville, Maple Grove, Rockford and Buffalo. As already stated this is an upcoming area as the cities grow out. This piece of land has tremendous potential. Buyer need to verify all remarks.

Listing Details MLS# 6706518

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Industrial, Residential-Multi-Family
Lot Dimensions: 1544x1319x1557x1316
Acres: 45.27

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Private Septic Available; Private Septic Connected; Private Well Connected; Water Available Development Status: Raw Land Financing Terms: Conventional Improvements: None Land Inclusions: Abstract Topography: Other

Contract Information

Off Market Date: 2025-08-08
Contingency: None
Closed Date: 2026-03-06
Original List Price: 1999999
Sales Close Price: 1800000
ListPrice: 1999999
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1112
Street Name: River
Street Suffix: Road
Street Direction Suffix: NE
Postal City: Saint Michael
County: Wright
State: MN
Zip Code: 55376

Acreage Information

Taxable Acres: 46

Assessments

Tax With Assessments: 7082

More Information

Builder Information

Builder Restrictions: Open

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 25
Township#: 120

Listing Office: American Legacy Land Co., LLC

Last Updated: March - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1112 River Road NE, Saint Michael, MN 55376 (MLS# 6706518)