For Sale: Garrison MLS# 6545318
Active
$1,490,000
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
Listing Status:
Active
Contingency:
None
List Price:
$1,490,000
Property Type:
Commercial
City:
Garrison
County:
Crow Wing
Year Built:
1959
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
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.