Simple ASP.NET Razor page on local IIS 8.5 - 500.19 0x8007000d error

I've built sample Razor webpage that works perfectly fine and I decided to deploy it on local IIS enabled on Windows 8.1. (IIS 8.5).

I used the publish feature through the file system that copied relevant files to Inetpub subfolder.

When I try to access the webpage I get this error:

The requested page cannot be accessed because the related configuration data for the page is invalid.
Error Code: 0x8007000d
Config Error:
Config File: (correct path) 

The webconfig is suspiciously short but given simplicity of the page - perhaps long enough?

<?xml version="1.0" encoding="utf-8"?>
<configuration>
  <system.webServer>
    <handlers>
      <add name="aspNetCore" path="*" verb="*" modules="AspNetCoreModule" resourceType="Unspecified" />
    </handlers>
    <aspNetCore processPath="dotnet" arguments=".\myapp.dll" stdoutLogEnabled="false" stdoutLogFile=".\logs\stdout" />
  </system.webServer>
</configuration>

I made pretty thorough search of similar issues here and other google-returned materials and overall nothing helped. I'm pretty sure all relevant components that I could install for IIS I have installed already. All configuration files are correctly formed. The security is fine - I can play with webconfig content and get different error a bit which indicate IIS can access the config file.

The only thing that surprises me is that sometimes when I access various config icons on IIS for the page I get error like this:

i.e. for .NET Profile: There was error while performing this operation. Details: (nothing written here) Filename: \?\C:\inetpub\wwwroot\mypagefolder\web.config Error: (nothing written here)

Is my web.config missing some sections?

EDIT: I also dropped the published application on some other IIS server that is used for other applications and the result is the same which make me inclined to believe s.t. is either wrong with the application publish process or s.t. is very weird

Looking at your web.config, it is found that you are trying to deploying ASP.NET Core website. It requires

1. .NET Core Hosting Bundle installed on the hosting server
2. Application Pool .NET CLR version set to "No Managed Code"
3. Ensure that the Application Pool Identity user has read permissions on the published folder.

For details check: https://docs.microsoft.com/en-us/aspnet/core/host-and-deploy/iis/?view=aspnetcore-2.0

First thing I suggest is to check is the .NET CLR version of your application pool and also check the AppPool Identity has read permissions on the published folder