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For Sale:  Squaw Lake MLS# 7148322

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Active NEW!
$799,900
/mo Edit
Commercial:  2 Stories
Built 1985
11.1 acres
Grand Rapids schools
MLS# 7148322
763-576-8286
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    Property Description

    Unique commercial investment opportunity in Squaw Lake, Minnesota! This versatile Northwoods property offers multiple buildings, lodging options, and amenities with excellent potential for a hospitality, resort, rental, or recreational-based business. The property features an established commercial laundromat, with the laundry equipment included in the sale, along with a two-story building offering hotel-style rooms and an apartment. Additional accommodations include a charming two-story log cabin and separate log cottage, creating even more opportunities for guest lodging or extended stays. Furnishings and beds are also included, providing an excellent opportunity for a new owner to step in and begin operating. Designed with outdoor enthusiasts in mind, the property includes a dedicated fish-cleaning house, a large screened gazebo with plenty of room for group gatherings, room for RVs, and outside electrical hookups. Located in the heart of Minnesota's Northwoods, the Squaw Lake area is surrounded by outstanding recreational opportunities, including numerous fishing lakes, snowmobile and ATV trails, and excellent hunting opportunities throughout the region. Want to live where you work? The home next door is also listed separately, creating a unique opportunity to purchase both properties and eliminate the commute! Live next door while operating the business or explore the possibilities of owning both the residential and commercial properties together. With multiple lodging options, an operating commercial laundry facility, RV space, outdoor gathering areas, and recreational amenities already in place, this unique property offers tremendous flexibility for an owner/operator or investor. Whether envisioned as a lodging destination, sportsman's retreat, vacation rental operation, or combination of uses, this property offers an exciting opportunity to own and operate a Northwoods business in the Squaw Lake area.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $799,900
    Property Type: Commercial
    City: Squaw Lake
    Garage Spaces: 0
    County: Itasca
    Year Built: 1985
    State: MN
    Property Style: 2 Stories
    Zip Code: 56681

    Interior

    Appliances Included:
    • Dishwasher
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: Wood

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Ductless Mini-Split
    Foundation Size: 2,756 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Fireplace(s)
    • Forced Air
    Parking Features:
    • Gravel
    • Parking Lot
    Unit Amenities: Natural Woodwork
    Road Frontage:
    • Other
    • State Road
    Exterior Material:
    • Frame
    • Log
    Roof Details:
    • Age Over 8 Years
    • Architectural Shingle
    • Pitched

    Rooms

    Shared Rooms: Amusement/Party Room

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 11.1
    Geolocation: 47.622619, -94.133861
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 0
    Zoning: Business/Commercial

    Farm

    Topography: Level

    Schools

    School District: 318
    District Phone: 2183275704

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,141
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,384

    Units

    Total Units: 7

    Miscellaneous

    Current Use: Hotel/Motel
    Fuel System:
    • Propane
    • Wood
    Owner Occupied: Yes
    Sewer System: Tank with Drainage Field
    Available Utilities: Electric Common
    Water System:
    • Drilled
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    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.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Elite Realty Minnesota.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.