Lake Homes Realty
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2 4th st e

Federal Dam, MN 56641

3 BEDS 1-Full BATH
0.5 AC LOT
Residential - Single Family
Image 1
Bedrooms 3
Total Baths 3
Full Baths 1
Acreage 0.51
Status Off Market
MLS # 6790165
County Cass
More Info
Category Residential - Single Family
Status Off Market
Acreage 0.51
MLS # 6790165
County Cass
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.