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Listed price in listed location currency (USD).
$1,450,000

000

MLS® 6708553

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
HOA Fees 
Taxes $2,660
Days Active 247
Approx. Age 1972
MLS® Number 6708553

Property Address: 42206 438th Ln, Aitkin, MN, 56431-5707

Average square foot calculated using Size range provided by listing agent.

Description

Turn-Key Lakefront RV Resort & Commercial Investment. Exceptional opportunity to acquire a highly profitable, fully operational RV resort located on over 1, 500 feet of premier lake shoreline. This meticulously maintained property features 31 fully occupied season RV sites, a custom 5, 000+ square foot lakefront residence, an onsite restaurant, and extensive supporting infrastructure, all positioned for immediate operation and future growth. Property Features: 31 seasonal RV sites, each individually metered for electricity. Over 1, 500 feet of direct lake frontage with two rentable dock systems. Restaurant currently operating 3.5 days per week, offering significant expansion potential. Multi-tiered septic system supporting RV park operations; separate septic systems for residence, restaurant and LOT 1. 5, 000+ FSF custom lakefront home featuring recent updates: newer roof, siding, windows, major interior renovations, and an expansive master suite. 60x100 heated shop and 24x40 insulated garage for operational and personal use. Fully booked seasonal occupancy with strong repeat clientele. Investment Highlights: 2024 financials support a 4.34% cap rate at current list price. Immediate growth potential through expansion of RV sites and increased restaurant/bar operating hours. Turn-key operation with established profitability. Fully operational and open for the 2025 season. This asset presents a rare blend of stable cash flow, strong asset appreciation potential, and multiple avenues for additional revenue growth. It is well-positioned for either a hands-on owner/operator or a passive investor with an experienced management team. Financial documentation available upon execution of a Non-Disclosure Agreement.
MLS® Number6708553
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1972
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Business, Fixture/Equipment, Other

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2025List Date
$1,450,000List Price
  • Commute

Commute

Starting Address
Destination Address
42206 438 Th Ln, Aitkin, MN

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