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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Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.