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Active Lender Owned
Listed
$1,295,000
/mo   Edit
MLS# 5240729
XXXX Highway 61
Silver Creek Twp, MN 55616
Commercial
Built 1975
2.55 acres
Lake Superior schools
Info: 763-576-8286
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    Description:   Profitable Established Turn- key Resort on the Beautiful Shores of Lake Superior. This family owned and operated Resort has been totally refurbished, including all new appliances, furniture, decks and roofs. The existing motel has been totally remodeled which includes three full house keeping suites and two motel rooms. Six recently remodeled cabins setback only 50 feet off the beach. Beautiful manicured grounds and gardens. This resort offers one two level single family home and heated garage. Located within minutes of 4 very famous state parks. This highly rated resort offers direct access to Minnesota's North Shore Trail (Snowmobiles and ATV's). Minutes from the Superior Hiking Trail and Twin Points Safe Harbor Boat Launch. Endless outdoor oppurtunities abound in this Minnesota favorite getaway location which is wild and lightly populated. Great opportunity to own, work and live in one of Minnesota's prestine locations.
    List Price: $1,295,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1975
    City: Silver Creek Twp
    Zip Code: 55616

    Interior

    Building Fin Sq Ft: 11,061 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Walkout, Crawl Space

    Exterior

    Air Conditioning: Window
    Heating System: Fireplace, Boiler, Baseboard, Forced Air, Gravity
    Foundation Size: 6,666 ft²
    Shared Amenities: Beach, Common Garden
    Road Frontage: State
    Handicap Accessible: Other
    Exterior Material: Engineered Wood
    Garage Spaces: 3
    Other Parking Spaces: 30
    Roof Details: Asphalt Shingles

    Lake/Waterfront

    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: Lake Superior
    DNR Lake ID#: 16000100
    WF Frontage: 350
    Elev Highpt to WF feet: 10-15
    Waterfront Slope: Gradual
    Lake Acres: 1634592.00000
    Lake Depth: 0
    Lake Bottom: Rocky

    Lot

    Acres: 2.55
    Lot Description: Tree Coverage - Light, Tree Coverage - Medium, Irregular Lot, Accessible Shoreline, Underground Utilities
    Latitude: 47.11817300
    Longitude: -91.50790800
    Lot Size Dim.: 320 x 400
    Dev/Complex Name: Auditors 03
    Zoning: Business/Commercial, Residential-Single

    Schools

    School District: 381 - Lake Superior
    District Phone: 218-834-8216

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: None
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $4,963
    Assessment Pending: No
    Taxes w/ Assessments: $4,963

    Income

    Annual Gross Income: 0.00

    Rent

    Annual Net Income: None

    Unit

    Total Rooms in Unit 1: 6
    Total Rooms in Unit 2: 6
    Total Rooms in Unit 3: 0
    Total Units: 12
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Hotel/Motel, Residential, Commercial, Other
    Fuel System: Propane, Electric
    Miscellaneous: 220 Volt, Out Buildings, Overhead Doors, Furnished Units
    Owner Occupied: Y
    Sale Includes: Business, Land, Fixture/Equipment, Other
    Sewer System: City Sewer/Connected
    Water System: Well

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