For Sale: International Falls MLS# 6470058
Active
$4,400,000
Commercial: Resort
Built 1937
69 acres
International Falls schools
MLS# 6470058
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Property Description
Wikipedia reports that the shared Minnesota/Ontario border water of Rainy Lake (Ojibwe: gojiji-zaaga'igan) has a vast surface area of 360 square miles, 2, 568 islands, 1570 miles of extremely fishy shoreline and is so serene that it is home to Minnesota's Voyageurs National Park! One thing Wikipedia doesn't mention is that Thunderbird Lodge, the only full service year round resort on either side of the lake is now for sale! Sitting on 69 acres with approximately 1200' of waterfront and with newly added municipal sewer this iconic business is primed for expansion by adding more cabins, RV/Campsites and more! Currently the 15 deluxe lodgerooms, 10 cabins and a rental house will sleep 125 guests.The welcoming lakeside bar seats 60
(add 40 with the summer deck) while the dining room will accommodate 70 and the private banquet room 130. There are 100 boat slips and plenty of room to add more! Rental boats, snowmobiles are available if you don't have your own to explore this amazing wilderness!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$4,400,000
Property Type:
Commercial
City:
International Falls
Garage Spaces:
1
County:
Koochiching
Year Built:
1937
State:
MN
Property Style:
Resort
Zip Code:
56649
Exterior
Garage Spaces:
1
Garage Size:
600 ft2
Other Parking Spaces:
50
Air Conditioning:
Central Air, Wall Unit(s), Window Unit(s)
Foundation Size:
10,318 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Heating System:
- Baseboard
- Fireplace(s)
- Forced Air
Parking Features:
- Asphalt
- Assigned
- Attached Garage
- Gravel
- Guest Parking
- RV Access/Parking
- Unassigned
Shared Amenities:
- Beach
- Boat Slip
- Deck
- Dock
Exterior Material:
Wood Siding
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Rainy
Waterfront View:
Bay, East, Harbor, Lake, North, Panoramic
DNR Lake ID#:
69069400
WF Frontage:
1100
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
210200
Lake Depth:
161
Waterfront:
- Deeded Access
- Dock
- Lake Front
- Lake View
Lot & Land
Acres:
69
Geolocation:
48.59808500, -93.18535700
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License
Lot Dimensions:
1155 x 1070
Addl Parcels:
0703224100, 0703231100
Zoning:
- Business/Commercial
- Shoreline
Schools
School District:
361
District Phone:
218-283-2571
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$20,179
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$30,878
Units
Total Units:
26
Miscellaneous
Current Use:
- Bar/Tavern
- Commercial
- Event Space
- Food Service
- Recreational
- Residential
- Resort
Fuel System:
Electric
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
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 Move it Real Estate Group/Lakehomes.com.
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.