23710 State Highway #55, Loretto, MN 55357

Loretto
Local realty services provided by:ERA Gillespie Real Estate
23710 State Highway #55,Corcoran, MN 55357
$1,825,000
  • 3 Beds
  • 2 Baths
  • 1,582 sq. ft.
  • Farm
  • Pending
Listed by: sue m roskowiak
Office: coldwell banker realty
MLS#:7046586
Source:NSMLS

Price summary

  • Price:$1,825,000
  • Price per sq. ft.:$642.15

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:7046586
  • Added:106 day(s) ago
  • Updated:August 14, 2026 at 11:43 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Dining Description:Informal Dining Room, Kitchen/Dining Room
  • Bathrooms Description:Main Floor 1/2 Bath, Main Floor Full Bath
  • Kitchen Description:Dishwasher
  • Basement:Yes
  • Basement Description:Block, Daylight / Lookout Windows, Walkout
  • Living area:1,582 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt, Pitched
  • Year built:1970
  • Building area:1,582 sq. ft.
  • Lot area:74 Acres
  • Lot Features:High Ground, Irregular Lot, Solar Oriented, Suitable for Horses, Tillable, Tree Coverage - Light
  • Construction Materials:Block
  • Levels:1 Story

Utilities

  • Water:Well
  • Sewer:Septic System Compliant - No

Finances and disclosures

  • Price:$1,825,000
  • Price per sq. ft.:$642.15
  • Tax amount:$35,565 (2026)

Features and amenities

  • Appliances:Water Softener Owned
  • Amenities:Gas Water Heater, Water Softener Owned

Parking

  • Parking description:Detached Garage, Gravel
  • Garage:Yes
  • Garage spaces:4
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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