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$3,500,000  (list price)
$3,000,000
/mo Edit
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

    Contingency: None
    City: Lakeside Twp
    County: Aitkin
    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

    Mortgage Calculator

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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.
    It would be our pleasure to assist you with your home purchase!

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    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.