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Active
$1,490,000
/mo Edit
Commercial:  Business,Resort
Built 1959
1.97 acres
Onamia schools
MLS# 6545318
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    Property Description

    Motivated sellers, ready to retire! Unique opportunity to be the next owners of the Iconic Twin Pines Resort! Current owners have built a profitable business with multiple streams of income, including restaurant, bar, motel rooms, cabins, launch fishing service, winter ice road access and fish house rentals. The resort offers package plans that include food, lodging and fishing on Mille Lacs lake. Visit their website for a good overview of resort offerings. With the twin cities growing closer and closer to Mille Lacs every year, its an easy location for a day trip or a weekend getaway! Current owners are semi-retired and have decided to be closed 21 weeks out of the year, with the restaurant being closed Tues/Wed, so there is a huge potential for increased revenue for new owners. Living on-site also opens up tremendous cost of living savings. Sellers willing to advise buyers for 1st yr, so business doesn't need to skip a beat.

    Listing

    Contingency: None
    City: Garrison
    County: Crow Wing
    State: MN
    Property Style: Business, Resort
    Zip Code: 56450
    Subdivision Name: Thorpe Bros Mille Lacs Shores

    Interior

    Basement Details: Full

    Exterior

    Stories: Two
    Other Parking Spaces: 30
    Foundation Size: 4,632 ft2
    Foundation Dimensions: 36x64, 22x24, 20x42, 20x16, 20x16, 20x16
    Handicap Accessible: Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Fireplace(s)
    • Forced Air
    • Hot Water
    • Outdoor Boiler
    Parking Features:
    • Carport
    • Detached
    • Guest Parking
    • Parking Lot
    Road Frontage: Highway
    Exterior Material: Brick/Stone

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Mille Lacs
    Waterfront View: Bay, East, Lake
    DNR Lake ID#: 48000200
    WF Frontage: 200
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 128250
    Lake Depth: 42
    Waterfront: Lake Front
    Lake Bottom: Sand

    Lot & Land

    Acres: 1.97
    Geolocation: 46.2699476781, -93.8247351167
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 200 x 430
    Zoning:
    • Business/Commercial
    • Shoreline

    Farm

    Topography: Level

    Schools

    School District: 480
    District Phone: 320-532-4174

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,800
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,000

    Units

    Total Units: 13

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Hotel/Motel
    • Other
    • Professional/Office
    • Recreational
    • Resort
    • Restaurant
    Fuel System:
    • Natural Gas
    • Wood
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    Water System: Well

    Mortgage Calculator

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    Payment:  /mo

    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 Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.