This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings (garage to be completed within the next few weeks), new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!
Location not available
Exterior Features
Construction Single Family Residence
Siding Wood Siding
Exterior Additional Garage, Other, Storage Shed
Roof Age 8 Years or Less, Asphalt, Metal, Pitched
Garage Yes
Garage Description Attached Garage, Concrete
Water Private
Sewer City Sewer/Connected
Lot Dimensions 120x200
Lot Description Corner Lot
Interior Features
Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Heating Ductless Mini-Split, Forced Air
Cooling Ductless Mini-Split
Basement Crawl Space
Year Built 1950
Neighborhood & Schools
Subdivision Original
Financial Information
Parcel ID TBD
Zoning Business/Commercial,Residential-Single Family
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.