$3,000,000
Active
15 Days Online
0 Beds0 Baths21,889 SQFT
Active

9976-9990 Gappa Road Kabetogama Twp, MN 56669

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(10.7% Cap Rate) This remarkable property has over 20 acres of land and boasts over 1, 000 feet of shoreline nestled along Lake Kabetogama. The property boasts 20 fully furnished cabins, 34 RV sites, 30 docks, and a fleet of 11 boats, ensuring guests enjoy a comfortable and memorable stay. The Resort offers not only a lucrative turn-key business but also immense potential for expansion. With ample undeveloped land, opportunities abound to enhance services, add accommodations, and optimize the main lodge, making it an enticing prospect for investors and visionary entrepreneurs in the hospitality industry. Whether you're seeking a profitable venture or aiming to leave a mark in hospitality, The Pine Aire Resort offers an unparalleled opportunity to own a premier destination in one of nature's most captivating settings. Don't miss out on the chance to become part of this extraordinary legacy.

  • Property TypeCommercial
  • NeighborhoodKabetogama Town Of
  • CountySt. Louis
  • Taxes$14,386
  • HOA/Condo/Coop Fees$0
  • Days on Site14 Days
  • MLS StatusActive
  • MLS ID Number6538852
  • Home Size Source N/A
  • Year Built2002
  • Lot Size21.21 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Wood Siding
  • Parking DetachedGravelGuest ParkingR V Access/ ParkingUnassignedOpen
  • Sewer Mound SepticSeptic System Compliant - Yes
  • Zoning Business/Commercial
  • Property Sub Type Hotel- Motel
  • Garage Spaces 99
  • Contingency None
  • Water Lake Water

Interior Features

  • Heating Other

Exterior Features

  • View EastHarborLakeNorthPanoramicWest
  • Waterfront Property Yes
  • Waterfront Features DockLake FrontLake View
  • Waterfront true
  • Construction Details Wood Siding

Schools

School District
St. Louis County
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$16,016
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