Highway 61, Silver Creek Twp, 55616

REDUCED 9% Commercial - Resort, Business Opportunity, Duplex Side by Side, Other For Sale in Auditors 03

$1,295,000

Beds
Baths
11,061Sqft
2.55Acres
3Garages
1975Built
194DOM
MLS® #: 5240729
Active, 194 Days on Market

Profitable Established Turn- key Resort on the Beautiful Shores of Lake Superior. This family owned and operated Resort has been totally refurbished, including all new appliances, furniture, decks and roofs. The existing motel has been totally remodeled which includes three full house keeping suites and two motel rooms. Six recently remodeled cabins setback only 50 feet off the beach. Beautiful manicured grounds and gardens. This resort offers one two level single family home and heated garage. Located within minutes of 4 very famous state parks. This highly rated resort offers direct access to Minnesota's North Shore Trail (Snowmobiles and ATV's). Minutes from the Superior Hiking Trail and Twin Points Safe Harbor Boat Launch. Endless outdoor oppurtunities abound in this Minnesota favorite getaway location which is wild and lightly populated. Great opportunity to own, work and live in one of Minnesota's prestine locations.

Price & Status History

Date Details
Price Reduced from $1,420,000 to $1,295,000

Essential Information

MLS® #: 5240729
Price: $1,295,000
Square Footage: 11,061
Acres: 2.55
Year Built: 1975
Type: Commercial
Sub-Type: Resort, Business Opportunity, Duplex Side by Side, Other
Style: Resort, Business Opportunity, Duplex Side by Side, Other
Status: Active

Community Information

Address: Highway 61
Subdivision: Auditors 03
City: Silver Creek Twp
County: Lake
State: MN
Zip Code: 55616

Amenities

Utilities: Electric Common, Electric Separate
Features: 220 Volt, Out Buildings, Overhead Doors, Furnished Units
# of Garages: 3
Garages: Detached Garage
View: Lake, Panoramic, East
Is Waterfront: Yes
Waterfront: Lake Front

Interior

Heating: Fireplace, Boiler, Baseboard, Forced Air, Gravity
Cooling: Window

Exterior

Exterior: Engineered Wood
Lot Description: Tree Coverage - Light, Tree Coverage - Medium, Irregular Lot, Accessible Shoreline, Underground Utilities
Roof: Asphalt Shingles
Foundation: 6666

School Information

District: 381 - Lake Superior

Additional Information

Date Listed: June 1st, 2019
Days on Market: 194
Zoning: Business/Commercial, Residential-Single
RE / Bank Owned: Yes

Listing Details

Listing Office: Timber Ghost Realty, LLC

Financials

$/SqFt: $117

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Listing information last updated on December 12th, 2019 at 10:21am CST.