For Sale: Angle Twp MLS# 6612461
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Property Description
Updated Listing! New Opportunity
Turn-Key family-owned resort, operating 10 months a year, nestled in a protected bay on the popular Oak Island, Lake of the Woods. Spanning 30 acres with 1400 feet of pristine shoreline, this historic resort has been a beloved destination for over 75 years. This opportunity is ideal for a family seeking a lifestyle change and a lucrative business opportunity. The resort accommodates over 44+ guests. Guest lodging accommodations include 4 condos, 4 villas, staff, and owner housing. Additionally, there are facilities for staff housing, a restaurant, a bar, a dock system, a post office, a fish cleaning house, a shop, fish houses, boats, bombardiers, and more. This resort is located in a renowned fishing and exploration area, guests can enjoy year-round activities amidst breathtaking views. For further details, please contact us for a complete information packet. The agent is an owner.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,389,000
Property Type:
Commercial
City:
Angle Twp
Garage Spaces:
1
County:
Lake of the Woods
Year Built:
1968
State:
MN
Property Style:
Resort
Zip Code:
56741
Subdivision Name:
Oak Island
Exterior
Garage Spaces:
1
Garage Size:
576 ft2
Other Parking Spaces:
20
Air Conditioning:
Ductless Mini-Split
Foundation Size:
16,561 ft2
Foundation Dimensions:
Numerous
Handicap Accessible:
Other
Heating System:
- Baseboard
- Dual
- Ductless Mini-Split
- Fireplace(s)
- Forced Air
Parking Features:
Other
Road Frontage:
Other
Exterior Material:
- Log
- Log Siding
- Wood Siding
Roof Details:
Asphalt
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Lake of the Woods
Waterfront View:
Bay, Lake, Panoramic
DNR Lake ID#:
39000200
WF Frontage:
1400
Lake Chain Name:
N
Lake Acres:
725582
Lake Depth:
210
Waterfront:
Lake Front
Lake Bottom:
- Gravel
- Hard
- Rocky
- Sand
- Soft
- Weeds
Lot & Land
Geolocation:
49.3145221631, -94.8307971852
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land
Lot Dimensions:
219 X 2019 X 589 X 247 X 726 X 1556
Addl Parcels:
065100010, 060141010
Zoning:
Business/Commercial
Lot Description:
- Irregular Lot
- Island/Peninsula
- Tree Coverage - Medium
Schools
School District:
690
District Phone:
218-386-1472
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$14,000
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,000
Units
Total Units:
14
Miscellaneous
Current Use:
Resort
Fuel System:
- Electric
- Other
- Propane
Owner Occupied:
No
Sewer System:
- Private Sewer
- Septic System Compliant - Yes
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
Drilled
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Reed Realty.
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.