$2,500,000
$2,625,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
459 Kawishiwi TRL Ely, MN 55731
59.7 Acres Lot
Key Details
Sold Price $2,500,000
Property Type Commercial
Sub Type Resort
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5733597
Sold Date 04/20/22
Year Built 1919
Annual Tax Amount $26,860
Tax Year 2020
Contingent None
Lot Size 59.700 Acres
Acres 59.7
Lot Dimensions 2350x1270
Property Description
WELL MAINTAINED FULL SERVICE BOUNDARY-WATERS-AREA RESORT with FINANCEABLE BOOKS & EXCELLENT DEVELOPMENT OPPORTUNITIES! One of a kind property! 59.7 acres with 3,040 ft lakeshore split between White Iron & Farm Lake offering multiple use recreation lakes & direct entry to BWCA. Property features individual small cabins, large group cabins, hotel units, camping and RV sites, dining area w/full commercial kitchen, full bar, banquet areas, retail space, marina, boat gas sales, rental boats, 40 person sauna, laundry facilities, recreation space and ample room for expansion in this growing market. DON'T MISS THIS TURN KEY OPPORTUNITY TO OWN YOUR OWN POPULAR BUSINESS!
Location
State MN
County Lake
Zoning Business/Commercial
Body of Water White Iron
Interior
Heating Boiler, Forced Air, Fireplace(s), Radiant, Wood Stove
Fireplace No
Exterior
Garage Gravel, Open
Garage Spaces 2.0
Utilities Available Electric Common, Heating Separate, Hot Water Separate
Waterfront true
Waterfront Description Lake Front
Present Use Bed & Breakfast,Commercial,Food Service,Hotel/Motel,Restaurant,Bar/Tavern
Parking Type Gravel, Open
Building
Foundation 6000
Sewer Private Sewer
Water Well
Structure Type Brick/Stone,Log,Wood Siding
Schools
School District Lake Superior
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