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Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.