LakeMinnetonkaRealEstate.com Search Results

Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.

ACTIVE Status ⋅ 7140136 MLS

Prime Main Street investment opportunity offering exceptional multi-stream income and significant commercial upside. The upper level features five residential apartments, including two 1-bedroom units and three 2-bedroom units, delivering steady, in-place cash flow. The street level offers remarkable versatility across multiple distinct spaces with independent entrances, featuring a 2,700 sq. ft. space ready for build out, a 1,540 sq. ft. space that was recently updated and ready for move in, and an additional 680 sq. ft. storage or future expansion unit for the 2,700 sf space. Both main sections include dedicated full basements for expansive on-site storage or operational capacity. Key capital improvements include a durable spray-foam roof finished with a protective poly coating, three coats of commercial paint, and fresh sealant. With residential revenue already established and high-visibility commercial spaces ready to maximize returns, this versatile asset is a rare portfolio powerhouse.

104 W Main Street, Cottonwood

Listing courtesy of RE/MAX Results.

$237,500

Are you ready to find a cozy home to fall in love with and add some of your own equity! Home has over 3118 sq ft of living space! This property gives you the opportunity to make it yours but with so much done already! This residence will astonish you with its expansive four-car garage! Imagine family gatherings around the massive maple butcher block island for any festive holiday. The custom kitchen features quartz countertops that wrap around the kitchen. The cozy living room has a gas stove that warms the space and overlooks the large back yard. The basement gives you great options for storage or flex rooms. The 2nd floor has been insulated with $35,000 worth of spray form, sheet rocked and ready for your choice of flooring. There is some mudding, taping and painting to do in 1/2 the space. The rooms up there are quite expansive and could be turned into several bedrooms or a large family room with flexible options. The laundry room is waiting for flooring, and the bathroom needs a vanity and tub. The seller is leaving that construction to the next buyer. Owner has a quote for ceramic tile installed in the shower, flooring in the bathroom, laundry and carpet for the upper level and staircase for under $16,000. Trim is needed throughout the home. The electrical & plumbing is completely new throughout. This included a new furnace, A/C, and water softener. The water heater was replaced last fall (2025). The whole house, not the garage, is spray foamed by Tri County Foam out of Alexandria. The plumbing in the upstairs bathroom is stubbed in and ready for a bathtub up against the walk-in shower wall. The kitchen was installed in 2023; Granite Falls Woodworks made the maple top. The wiring is ready to be hooked up for 220 in the garage, ready to run welders or bigger powered equipment. Come take a look at this amazing home! Ask about a conventional loan that gives you the money to finish off the upstairs. We have info on that! Or if you would rather have a move in ready home with everything done, seller is willing to accept $265,000 and will have contractors finish the work. Seller willing to pay buyer closing costs with a reasonable offer!

ACTIVE Status ⋅ 3 Beds ⋅ 3 Baths ⋅ 7063984 MLS ⋅ 938 SqFt.

Are you ready to find a cozy home to fall in love with and add some of your own equity! Home has over 3118 sq ft of living space! This property gives you the opportunity to make it yours but with so much done already! This residence will astonish you with its expansive four-car garage! Imagine family gatherings around the massive maple butcher block island for any festive holiday. The custom kitchen features quartz countertops that wrap around the kitchen. The cozy living room has a gas stove that warms the space and overlooks the large back yard. The basement gives you great options for storage or flex rooms. The 2nd floor has been insulated with $35,000 worth of spray form, sheet rocked and ready for your choice of flooring. There is some mudding, taping and painting to do in 1/2 the space. The rooms up there are quite expansive and could be turned into several bedrooms or a large family room with flexible options. The laundry room is waiting for flooring, and the bathroom needs a vanity and tub. The seller is leaving that construction to the next buyer. Owner has a quote for ceramic tile installed in the shower, flooring in the bathroom, laundry and carpet for the upper level and staircase for under $16,000. Trim is needed throughout the home. The electrical & plumbing is completely new throughout. This included a new furnace, A/C, and water softener. The water heater was replaced last fall (2025). The whole house, not the garage, is spray foamed by Tri County Foam out of Alexandria. The plumbing in the upstairs bathroom is stubbed in and ready for a bathtub up against the walk-in shower wall. The kitchen was installed in 2023; Granite Falls Woodworks made the maple top. The wiring is ready to be hooked up for 220 in the garage, ready to run welders or bigger powered equipment. Come take a look at this amazing home! Ask about a conventional loan that gives you the money to finish off the upstairs. We have info on that! Or if you would rather have a move in ready home with everything done, seller is willing to accept $265,000 and will have contractors finish the work. Seller willing to pay buyer closing costs with a reasonable offer!

79 1st Avenue S, Wood Lake

Listing courtesy of Marshall Area Homes.

$225,000

Spacious, versatile, and filled with spaces made to be enjoyed, this Cottonwood home offers a fantastic layout with beautiful lake views right across the road! The main floor truly steals the show, beginning with a large front entry that opens into an expansive living area with plenty of room to create multiple seating areas, a play space, or whatever best fits your lifestyle. The generous dining area flows directly to the back deck and into the open-concept kitchen, featuring solid wood cabinetry, stainless steel appliances, abundant countertop space, and plenty of room for cooking and entertaining. A convenient service door from the kitchen provides a second access point to the back deck, making indoor-outdoor entertaining incredibly easy. A full bathroom is located just off the kitchen and a dedicated main floor laundry room is just around the corner, too! Upstairs, you’ll find three spacious bedrooms and a 3/4 bathroom. The primary bedroom was created by combining two former bedrooms, resulting in an impressively sized retreat with two closets and multiple entry points. The space could also be converted back into two bedrooms if desired, offering the potential for a four-bedroom layout. The lower level adds even more flexibility with room for a second family room, workout area, workshop, craft room, or hobby space, along with a separate area for mechanicals and additional storage. Outside, enjoy a large covered front deck overlooking the lake across the road, plus a backyard designed to be enjoyed with another spacious deck, firepit, storage shed, garden area, and plenty of yard space. Additional features include an attached one-stall garage, forced-air heat, central air, updated sewer stack, water softener, updated water heater, and a roof replaced in 2023. With some fresh paint and your own finishing touches, this spacious home offers an incredible amount of flexibility, functionality, and potential inside and out.

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7145114 MLS ⋅ 1,960 SqFt.

Spacious, versatile, and filled with spaces made to be enjoyed, this Cottonwood home offers a fantastic layout with beautiful lake views right across the road! The main floor truly steals the show, beginning with a large front entry that opens into an expansive living area with plenty of room to create multiple seating areas, a play space, or whatever best fits your lifestyle. The generous dining area flows directly to the back deck and into the open-concept kitchen, featuring solid wood cabinetry, stainless steel appliances, abundant countertop space, and plenty of room for cooking and entertaining. A convenient service door from the kitchen provides a second access point to the back deck, making indoor-outdoor entertaining incredibly easy. A full bathroom is located just off the kitchen and a dedicated main floor laundry room is just around the corner, too! Upstairs, you’ll find three spacious bedrooms and a 3/4 bathroom. The primary bedroom was created by combining two former bedrooms, resulting in an impressively sized retreat with two closets and multiple entry points. The space could also be converted back into two bedrooms if desired, offering the potential for a four-bedroom layout. The lower level adds even more flexibility with room for a second family room, workout area, workshop, craft room, or hobby space, along with a separate area for mechanicals and additional storage. Outside, enjoy a large covered front deck overlooking the lake across the road, plus a backyard designed to be enjoyed with another spacious deck, firepit, storage shed, garden area, and plenty of yard space. Additional features include an attached one-stall garage, forced-air heat, central air, updated sewer stack, water softener, updated water heater, and a roof replaced in 2023. With some fresh paint and your own finishing touches, this spacious home offers an incredible amount of flexibility, functionality, and potential inside and out.

165 W 5th Street N, Cottonwood

Listing courtesy of Edina Realty, Inc..

$99,900

Rare opportunity to secure a vacant waterfront homesite on Cottonwood Lake. This approximately .34-acre property offers nearly 15,000 square feet, approximately 77 feet of lake frontage, and an exceptionally level lot that provides excellent flexibility for building and site design. Enjoy beautiful lake views and direct access to the shoreline while remaining conveniently located within the community of Cottonwood. City water and sewer connections are available.

ACTIVE Status ⋅ 7155364 MLS

Rare opportunity to secure a vacant waterfront homesite on Cottonwood Lake. This approximately .34-acre property offers nearly 15,000 square feet, approximately 77 feet of lake frontage, and an exceptionally level lot that provides excellent flexibility for building and site design. Enjoy beautiful lake views and direct access to the shoreline while remaining conveniently located within the community of Cottonwood. City water and sewer connections are available.

120 W 1st Street, Cottonwood

Listing courtesy of RE/MAX Results.

$99,900

Exceptional opportunity to own a vacant waterfront lot on Cottonwood Lake. This approximately .39-acre homesite offers nearly 17,000 square feet and approximately 78 feet of lake frontage. The property features a desirable, level building site extending toward the shoreline, providing an excellent setting for your future lake home and beautiful views across the water. City water and sewer connections are available.

ACTIVE Status ⋅ 7155313 MLS

Exceptional opportunity to own a vacant waterfront lot on Cottonwood Lake. This approximately .39-acre homesite offers nearly 17,000 square feet and approximately 78 feet of lake frontage. The property features a desirable, level building site extending toward the shoreline, providing an excellent setting for your future lake home and beautiful views across the water. City water and sewer connections are available.

110 W 1st Street N, Cottonwood

Listing courtesy of RE/MAX Results.

$60,000

Desirable Northwood Drive location across from Cottonwood Lake! Located in Cottonwood, MN – a friendly and welcoming community with beautiful lake access, and genuine small-town warmth. This offering includes two lots, providing an excellent opportunity to build your new home in one of Cottonwood’s sought-after areas. One lot is buildable and offers the ideal site for your future home or investment, while the second lot provides additional space for a larger yard, privacy, outdoor enjoyment, or other permitted uses. There is a network that includes excellent local builders, tradespeople, and excavators who consistently deliver quality work. A connection can be made between an interested buyer and these trusted professionals to help them build environmentally friendly, healthy homes with minimal maintenance costs. This tree-lined street perfectly captures that hometown feel. These properties are within walking distance to extensive trails, located in an ideal quiet neighborhood to call home.

ACTIVE Status ⋅ 7135246 MLS

Desirable Northwood Drive location across from Cottonwood Lake! Located in Cottonwood, MN – a friendly and welcoming community with beautiful lake access, and genuine small-town warmth. This offering includes two lots, providing an excellent opportunity to build your new home in one of Cottonwood’s sought-after areas. One lot is buildable and offers the ideal site for your future home or investment, while the second lot provides additional space for a larger yard, privacy, outdoor enjoyment, or other permitted uses. There is a network that includes excellent local builders, tradespeople, and excavators who consistently deliver quality work. A connection can be made between an interested buyer and these trusted professionals to help them build environmentally friendly, healthy homes with minimal maintenance costs. This tree-lined street perfectly captures that hometown feel. These properties are within walking distance to extensive trails, located in an ideal quiet neighborhood to call home.

190 and 180 Northwood Drive, Cottonwood

Listing courtesy of Marshall Area Homes.