REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Alexander Dempsey

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

Listed by Sue Bott RE/MAX Professionals - Two Harbors

$485,000

Est. payment - /mo

3,600 SqFt

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $134

MLS Listing ID LSA6127751

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 Mixed Use

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 space. Also included is a separate 550 sq ft retail 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. 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!

Location

State MN

County Lake County

Area Lsar

Direction North on Hwy 61 to Hwy 1 to property.

Rooms

Basement None, Crawl Space, Slab

Interior

Heating Boiler, Hot Water, Propane

Cooling Window Unit(s)

Inclusions Business, Building, Fixture/Equipment

Exterior

Parking Features Gravel

View Y/N No

Roof Type Metal

Garage No

Building

Sewer Private Sewer

Water Private

Structure Type Wood

Schools

High Schools Lake Superior #381

School District Lake Superior #381

Others

Acceptable Financing Cash, Conventional, Small Business Admin.

Listing Terms Cash, Conventional, Small Business Admin.

Read Less Info

Nearby Locations

GET MORE INFORMATION

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

GET MORE INFORMATION