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Owner finance

$400,000

55616 State Highway 57

West Concord, MN 55985

Listed by

Donavin G. Prescott, Real Broker, LLC · (952) 913-3222

What the listing says

This certified 177 year Century Farm at 55616 State Hwy 57 offers a rare blend of natural beauty, business versatility, and agricultural heritage. Set along a scenic stretch of Milliken Creek, the property delivers exceptional infrastructure with a 40' x 100' pole shed formerly used as an indoor riding arena, a 38' x 50' hay storage shed, and a 26' x 84' horse barn featuring six stalls plus pens suited for chickens or goats. A dedicated 30' x 32' welding shop adds valuable workspace, while the expansive 36' x 105' heated and cooled commercial building-complete with internet, office, and attached garage-created unmatched potential for business operations. A fully insulated 22' x 36' finished flex space is ideal for a gym, dance studio, or additional commercial use. Large concrete parking pads support equipment, customers, or events with ease. With fenced grazing areas, abundant wildlife, fertile chemical free land since 1987, and the peaceful creek flowing through the acreage, this property stands as a remarkable opportunity for entrepreneurs, equestrians, hobby farmers, or anyone seeking substantial storage, office space, and rich agricultural soil. Seller financing and contract for deed options make this historic seven generation Heritage Property even more accessible.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Land

Lot Size

795,841 sq ft

HOA

None

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Questions about owner financing in West Concord

What is owner financing for 55616 State Highway 57?

Owner financing means the seller of 55616 State Highway 57 acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this West Concord, MN home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this West Concord home?

There is no standard down payment. The seller of this West Concord home sets their own, and it is negotiable. Ask the seller or their agent.

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