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Additional details
$1,599,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 7025469
Annual Tax Amount $3,112
Tax Year 2025
Contingent None
Lot Size 0.313 Acres
Lot Dimensions 152' x 90'
Property Description
This premier downtown Stillwater commercial lot offers a truly irreplaceable location surrounded by historic brick architecture, iconic churches, and the charm that defines the city's riverfront district. Opportunities like this rarely become available, as there is virtually no comparable vacant land remaining in downtown Stillwater.
The site previously received approval for a 21-unit apartment development consisting of a balanced mix of one-bedroom and two-bedroom residences, demonstrating the strong viability of higher-density residential use. A significant advantage of this property is the inclusion of approximately 40 deeded parking spaces as part of the overall development — an exceptional asset in a downtown setting where parking availability is limited and highly valuable.
Zoned and positioned for versatility, the property is well suited for a variety of uses including multifamily housing, office space, boutique hotel development, restaurant or bar concepts, condominiums, or mixed-use projects.
Located at the highly visible corner of Third Street and Myrtle Street, the site benefits from strong traffic exposure at one of downtown's most prominent and active intersections. Adjacent to the city parking ramp and offering outstanding views of the historic downtown skyline and the St. Croix River, this property presents a rare opportunity to develop a landmark project in one of Minnesota's most desirable riverfront communities.
The site previously received approval for a 21-unit apartment development consisting of a balanced mix of one-bedroom and two-bedroom residences, demonstrating the strong viability of higher-density residential use. A significant advantage of this property is the inclusion of approximately 40 deeded parking spaces as part of the overall development — an exceptional asset in a downtown setting where parking availability is limited and highly valuable.
Zoned and positioned for versatility, the property is well suited for a variety of uses including multifamily housing, office space, boutique hotel development, restaurant or bar concepts, condominiums, or mixed-use projects.
Located at the highly visible corner of Third Street and Myrtle Street, the site benefits from strong traffic exposure at one of downtown's most prominent and active intersections. Adjacent to the city parking ramp and offering outstanding views of the historic downtown skyline and the St. Croix River, this property presents a rare opportunity to develop a landmark project in one of Minnesota's most desirable riverfront communities.
Location
State MN
County Washington
Zoning Business/Commercial,Lot,Residential-Multi-Family
Interior
Inclusions Soil Test Available, Survey, Topographic Map
Fireplace No
Exterior
Utilities Available Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Underground Utilities Available, Water Available
Schools
School District Stillwater
Others
Restrictions Open
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Listed by Nathan Landucci • Landucci Homes
Nearby School & Business
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