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Alexander Dempsey

alex@inter-state.realestate +1(715) 681-2879

Listed by Sue Bott RE/MAX Professionals - Two Harbors

$500,000

Est. payment - /mo

3 Beds

3 Baths

1,342 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,342 sqft

Price per Sqft $372

MLS Listing ID LSA6125320

Style Ranch

Bedrooms 3

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1949

Annual Tax Amount $3,590

Tax Year 2026

Lot Size 10.000 Acres

Acres 10.0

Lot Dimensions 330x1320

Property Sub-Type Single Family Detached

Source lsar

Property Description

Rare turnkey business and lifestyle opportunity on 10 scenic acres! This unique property features a beautifully updated boutique motel with four guest rooms, each offering it's own bathroom, along with a spacious 3 bedroom, 3 bathroom owner's home. Also included is a separate 550 sq ft retail/bait shop space complete with heated floors, creating multiple income opportunities all in one property. Extensive upgrades have been completed throughout, making this a move-in ready investment with room for future growth and expansion. Current on-site work campers are operating the business, creating a smooth and potentially passive transition for a new owner. Whether you are looking for a hospitality investment, live/work opportunity, outdoor tourism business, or future development potential, this property offers endless possibilities. Prime setup for short-term rentals, boutique lodging, retail, recreation, or expansion on the remaining acreage. A truly one-of-a-kind income-producing property with established operations already in place! Please no drive ins, all showings need to be 48 hours in advance.

Location

State MN

County Lake County

Area Lsar

Direction North on Hwy 61 to Hwy 1 to property

Rooms

Basement None

Interior

Heating Natural Gas

Fireplace false

Exterior

Garage Spaces 5.0

View Y/N No

Garage Yes

Building

Story 1

Sewer Private Sewer

Water Private

Architectural Style Ranch

Structure Type Wood

Schools

High Schools Lake Superior #381

School District Lake Superior #381

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Alexander Dempsey

+1(715) 681-2879

Team Lead

6527 Highway 1 Finland, MN 55603

Alexander Dempsey

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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