$1,300,000
$1,500,000
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2683 22nd ST NW Wabanica Twp, MN 56623
4.62 Acres Lot
Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Resort
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6336813
Sold Date 07/27/23
Year Built 1950
Annual Tax Amount $3,986
Tax Year 2022
Contingent None
Lot Size 4.620 Acres
Acres 4.62
Lot Dimensions 350x420x350x530 & 150x270x150x270
Property Description
Lake of the Woods resort for sale! Family-run Ships Wheel Resort is for sale after a very successful 28-year run with the current owners. Turn-key operation that is year around. Includes dock rentals, fish houses, main lodge with owner's quarters (3 bed/2 bath) and 4 riverside cabins (each 2 bedrooms) complete with a modern, spacious duplex that has multiple beds on each side. Property also features a shop with attached living quarters and 11 mobile home sites that are rented on an annual basis with 9 spots rented. Early and late ice equipment setups as well as two launches and an 18 ft aluminum boat for rentals. Established, repeat customer base in place. Business could easily be expanded in several ways to include food, liquor, or physical premises. Sellers have done everything without hiring any help other than a part time launch driver. Adjacent to public boat ramp. Desirable opportunity to be in control of your own destiny.
Location
State MN
County Lake Of The Woods
Zoning Business/Commercial
Body of Water Rainy River
Rooms
Basement Partial
Interior
Heating Forced Air, Fireplace(s), Hot Water
Fireplace No
Appliance Fuel Tank - Rented, Range, Refrigerator
Exterior
Parking Features Attached Garage, Detached, Gravel, Floor Drain, Heated Garage, Unassigned
Garage Spaces 5.0
Utilities Available Electric Separate
Waterfront Description River Front
View Y/N River
View River
Present Use Resort
Building
Lot Description Irregular Lot
Story Two
Foundation 1216
Sewer Mound Septic, Private Sewer, Tank with Drainage Field
Water Private, Well
Level or Stories Two
Structure Type Metal Siding,Wood Siding
Schools
School District Lake Of The Woods
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