2 4th AVE E Federal Dam, MN 56641
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Original
MLS Listing ID 7025484
Year Built 1950
Annual Tax Amount $492
Tax Year 2025
Contingent None
Lot Size 0.505 Acres
Lot Dimensions 120x200
Property Description
The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales.
Additional upgrades include new roofs on all buildings, new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout.
The sale also includes existing inventory, making this a true turnkey opportunity.
Whether you're looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota's most sought-after recreation areas. Don't miss it!
Location
State MN
County Cass
Zoning Business/Commercial,Residential-Single Family
Rooms
Basement Crawl Space
Interior
Heating Ductless Mini-Split, Forced Air
Cooling Ductless Mini-Split
Flooring Engineered Hardwood
Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Fireplace No
Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Attached Garage, Gravel
Garage Spaces 2.0
Fence Partial
Pool None
Utilities Available Electric Separate, Heating Separate
Roof Type Age 8 Years or Less,Asphalt,Metal
Present Use Commercial,Recreational,Residential,Resort,Retail
Building
Lot Description Corner Lot, Tree Coverage - Light
Story One
Foundation 672
Sewer City Sewer/Connected
Water 4-Inch Submersible, Drilled, Private, Well
Level or Stories One
Structure Type Frame
New Construction false
Schools
School District Northland Community Schools
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