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Commercial property is being offered is a very profitable business opportunity in a fast growing lake resort community. The property is .7 acres and includes a 30x40 pole barn (1200Sf) that includes an office space, and a half bath, show room and a garage space. the property has a fenced in back lot and has plenty of parking out front. This is an excellent opportunity to have your own business near Mille Lacs Lake and multiple surrounding lakes. It sits on a .70 acre lot and is prominently located right on Hwy 47 just north of Isle, MN. The growth possibilities are endless, and could include cabin maintenance, mowing, plowing or bring your own business, bring you ideas! The Mille Lacs Lake area has experienced unprecedented growth over the last few years and commercial space is in high demand! This could be the perfect time for you to start your own business! Schedule a private showing right away.

Highlights

  • Commercial Sale
  • Built in 1984
  • 0.699 Acre Lot
  • 2 Car Garage
  • 55 days on Market

  • Year Built
    1984
  • Stories
    1.0
  • Construction Materials
    Steel Siding
  • Garage Spaces
    2.0
  • Parking Features
    Parking Lot
  • Patio And Porch
    Covered, Deck, Awning(s)
  • Pool Features
    None
  • Cooling
    Central Air
  • Heating
    Forced Air, Natural Gas
  • Basement
    None

  • Acres
    0.699
  • Lot Features
    Level, Irregular Lot
  • Utilities
    Cable Available
  • Water
    Private, Well

  • County
    Mille Lacs
  • City
    Isle
  • Neighborhood
    Isle Harbor Beach
  • Zip Code
    56342

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Frequently Asked Questions

How do I schedule a tour of 42242 Highway 47?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 42242 Highway 47.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 42242 Highway 47?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $239,900. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Isle, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 42242 Highway 47?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 42242 Highway 47 at around $1,483. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 42242 Highway 47?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Mille Lacs County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 42242 Highway 47?

In most cases, yes. Whether 42242 Highway 47 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Isle's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 42242 Highway 47?

We can handle that for you. Our preferred local agent specializes in commercial sales in Isle and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $239,900 with 1,200 sqft of space—that comes out to approximately $200 per square foot.

How long has this property been on the market?

42242 Highway 47 was listed on September 16, 2026, which means it's been on the market for 55 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1984, making it approximately 42 years old.

What is the lot size of this property?

42242 Highway 47 sits on a 0.7-acre lot, which is 30,492 square feet.

What are the property taxes for 42242 Highway 47?

The most recent public record shows annual property taxes for 42242 Highway 47 were approximately $1,409. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 42242 Highway 47 still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 10, 2026 at 09:24PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 10, 2026 at 09:24PM | Source: NorthstarMLS | MLS#: 7145254

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