Sold: Lakeside Twp MLS# 6472744
Sold
$3,500,000 (list price)
$3,000,000
Commercial: Resort
Built 1960
20 acres
Aitkin schools
MLS# 6472744
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Property Description
Turn-key successful resort on Mille Lacs Lake. 20 acre property with 300 feet of lakeshore and a private harbor. 82 seasonal RV/mobile home sites (70 with full hookup to sewer/water and electric, and 12 with electric only). New septic system being installed spring of 2024. Full restaurant/bar onsite with a new septic in 2020. Ice fishing business with 7 resort-owned fish houses, 4 plow trucks, and 3 ice bridges. Same owner for over 20 years, ready to hand the reins over to the next generation. Strong cashflow and financials available upon request to qualified buyers. Seller financing available.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$3,500,000
Sold Price:
$3,000,000
Sold Date:
05/31/2024
Property Type:
Commercial
City:
Lakeside Twp
Garage Spaces:
4
County:
Aitkin
Year Built:
1960
State:
MN
Property Style:
Resort
Zip Code:
56342
Exterior
Garage Spaces:
4
Garage Dimensions:
36 x 60
Garage Size:
2,160 ft2
Garage Door Height:
10
Garage Door Width:
10
Other Parking Spaces:
30
Foundation Size:
1,250 ft2
Foundation Dimensions:
50 x 25
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Parking Lot
Exterior Material:
Wood Siding
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Mille Lacs
Waterfront View:
Lake
DNR Lake ID#:
48000200
WF Frontage:
300
Lake Chain Name:
N
Lake Acres:
128250
Lake Depth:
42
Waterfront:
Lake Front
Lake Bottom:
Sand
Lot & Land
Acres:
20
Geolocation:
46.328252, -93.522342
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
Lot Dimensions:
300 x 250 x 175 x 576 x 1310 x 300 x 578 x 263 x 186 x 186
Addl Parcels:
161061301
Zoning:
- Business/Commercial
- Shoreline
Schools
School District:
8001
District Phone:
218-927-2115
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$13,014
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,014
Units
Total Units:
82
Miscellaneous
Current Use:
- Resort
- Restaurant
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Private Sewer
Available Utilities:
Electric Separate
Water System:
Well
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Wits Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.