2683 22nd Street NW, Baudette, MN 56623 (MLS# 6336813)

2683 22nd Street NW, Baudette, MN 56623

$1,500,000
Property Type: Commercial Lot Size (sq. ft.): 201,247 Status: Pending
Current Price: $1,500,000 List Date: 2/27/2023 Last Modified: 4/28/2023

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.

More Information MLS# 6336813

None

Allow Auto Valuation: No Allow Consumer Comment: Yes MLSID: RMLS

Contract Information

Status: Pending Off Market Date: 2023-04-19 Current Price: $1,500,000 Original List Price: 1500000 Contingency: None ListPrice: 1500000 List Date: 2023-02-27 Owner is an Agent?: No Auction?: No

Office/Member Info

Association: NWMAR

General Property Information

Lot Measurement: Acres Multiple PIDs?: Yes Other Parking Spaces: 6 Owner Occupied: Yes Waterfront Present: Yes WF Footage Ft: 350 Year Built: 1950 Yearly/Seasonal: Yearly Zoning: Business/Commercial Foundation Size: 1216 Garage Stalls: 5 Lake/Waterfront Name: Rainy River Power Company: North Star Electric Coop For Sale or Lease: For Sale Acres: 4.62 Lot Dimensions: 350x420x350x530 & 150x270x150x270 Assessment Pending: Unknown

Location, Tax and Other Information

Legal Description: See complete legals on file for these two parcel id's. Map Page: 999 Municipality: Wabanica Twp Rental License?: No School District Phone: 218-634-2735 Map Coordinate Source: King's Street Atlas House Number: 2683 Street Name: 22nd Street Suffix: Street Street Direction Suffix: NW Lake Chain: N Postal City: Baudette County: Lake of the Woods State: MN Zip Code: 56623 Zip Plus 4: 8915 DNR Lake ID#: S9990460 Property ID Number: 230141000 DNR Lake Classification: Not Applicable Tax Year: 2022 Tax Amount: 3986 In Foreclosure?: No Potential Short Sale?: No Lender Owned?: No Tax With Assessments: 3986

Directions & Remarks

Public Remarks: 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. Directions: Take highway 172N until county road #29. Take a right and go to the end of the road; properties are on your right.

Acreage Information

Elevation Highpoint to Waterfront Feet: 15-26

Additional Parcels Information

Property ID #2: 235603010

Basement

Foundation Dimensions: Varies

Building Information

Building Finished SqFt: 4340 Building SqFt: 4340 Fractional Ownership: No

Lake Details

Lake Name: Rainy River

Lease Details

Land Leased: No

Miscellaneous Information

FIPS Code: 27077 Homestead Desc: Other

Parking Characteristics

Garage Dimensions: 32x52 Garage Door Height: 8 Garage Door Width: 9 Garage Square Feet: 1664

Public Survey Info

Range#: 32 Section#: 1 Township#: 161

Structure Information

Sale Includes: Building,Business Assets,Business,Fixture/Equipment,Land

Unit 2

No. of 2 Bedroom Units: 5

Unit 3

No. of 3 Bedroom Units: 3

Unit Details

Total Units: 7

Property Features

Accessible: None Appliances: Fuel Tank - Rented; Range; Refrigerator Assumable Loan: Not Assumable Basement: Partial CMU Style: Resort Construction Status: Previously Owned Current Use: Resort Exterior: Metal; Wood Fuel: Propane Heating: Fireplace; Forced Air; Hot Water Lake Details: Reeds; Soft; Weeds Lake/Waterfront: River Front Loan Terms: Cash; Conventional Lot Description: Irregular Lot No. of Ranges: Two No. of Refrigerators: Six or More On Site Utilities: Electric Separate Parking Characteristics: Attached Garage; Detached Garage; Driveway - Gravel; Floor Drain; Heated Garage; Unassigned Pool Description: None Potential Use: Diversified Road Frontage: County Road Sewer: Mound Septic; Private Sewer; Tank with Drainage Field Stories: Two Water: Private; Well Waterfront Slope: Gradual Waterfront View: River
Listing Office: Tru North Realty Baudette
Last Updated: April - 28 - 2023
2683 22nd Street NW, Baudette, MN 56623- MLS# 6336813
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2022 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.