$1,825,000

23710 State Highway #55Corcoran, MN 55357

Type: Farm

74.00 Approx. Acres

Description

Old World Charm Meets New World Tech! Long Term Lease in place with Solar company on back 40 acres until fall of 2042. There is the possibility for 2, 5-year extensions to the lease term. Generous annual income payment. 25 tillable acres, outbuildings and lovely 3 Bedroom 1 1/2 Bath Ranch style home all can provide additional rental income. Home business opportunity for construction company needing extra space? Solid 2 story barn could make wonderful destination event center.

MLS ID: 7046586

Directions: Highway 55, West of the intersection of Hwy 55 and Hennepin County Road 19. Property is on the North side of Hwy 55.

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Property Details

Essential Details

MLS #: 7046586

Listing courtesy of: Coldwell Banker Realty

Price: $1,825,000

Type: Farm

Contingency: None

Foreclosure: No

Zoning: Other

Bedrooms: 3

Total Bathrooms: 2

Bathroom Description: Main Floor 1/2 Bath, Main Floor Full Bath

Full Bathrooms: 1

½ Bathrooms: 1

Parking Features: Detached Garage, Gravel

Garage Dimensions: 50 x 24

Garage SqFt: 1200

Garage Spaces: 4

Disclosures: Septic System, Well Disclosure

Includes House: Includes House

Irrigation System: N

Leased Acres: 40.00

Building Details

Finished SqFt Total: 1,582

SqFt Above Ground: 1,582

Fireplace: No

Appliances: Dishwasher, Gas Water Heater, Water Softener Owned

Construction Materials: Block, Frame

Accessibility Features: None

Roof: Age Over 8 Years, Asphalt, Pitched

Fuel: Natural Gas

Heating: Forced Air

Cooling: Central Air

Electric: 100 Amp Service

Style: Single Family

Year Built: 1970

Foundation Area: 1,260

Basement: Block, Daylight/Lookout Windows, Walkout

Sewer: Septic System Compliant - No

Water Source: 4-Inch Submersible, Well

Present Use: Yearly

Farm

Farm Type: Beef, Crop, Hobby

Crop Type: Hay/Alfalfa

Irrigation Source: Well

Approx. Tillable Acres: 25.00

Lot Details

Lot Dimensions: irregular

Fence: Wood

Road Frontage: Paved Streets, State Road

Topography: Gently Rolling, High Ground, Solar Oriented

Soil Type: Clay, Loam

Other Structures: Barn(s), Grain Bin, Loafing Shed, Shed(s), Silo, Storage Shed

School Information

District: Delano

District Number: 879

District Phone: 7639723365

Community Information

County: Hennepin

Taxes

Tax Year: 2026

Tax Amount: $35,565

Assessment Pending: No

Taxes w/Assessments: $35,565

Main

Family Room: 22 x 14

Bedroom: 12 x 11.6

Informal Dining Room: 11 x 9

Kitchen: 11 x 9

Living Room: 17 x 13

Bedroom 2: 13.6 x 9

Bedroom 3: 10.6 x 10

This listing was last updated by Coldwell Banker Realty on 5/27/2026 at 11:32 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 6/16/2026 6:06 pm.

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. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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