$1,350,000
$1,750,000
22.9%For more information regarding the value of a property, please contact us for a free consultation.
2279 Grant Mcmahan BLVD Ely, MN 55731
10.73 Acres Lot
Key Details
Sold Price $1,350,000
Property Type Commercial
Sub Type Resort
Listing Status Sold
Purchase Type For Sale
Subdivision Morse Town Of
MLS Listing ID 6231217
Sold Date 01/02/24
Year Built 2013
Annual Tax Amount $3,758
Tax Year 2023
Contingent None
Lot Size 10.730 Acres
Acres 10.73
Lot Dimensions 1017X1015
Property Description
BRING OFFER! Full Service Boundary Waters Area Resort With BOOKS THAT EASILY SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1,015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market! Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Turn key opportunity to own your own popular business on a popular lake! Call today!
Location
State MN
County St. Louis
Zoning Business/Commercial
Body of Water Shagawa
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Exterior
Parking Features Gravel
Utilities Available Electric Common, Heating Common
Waterfront Description Lake Front
View East, Lake, Panoramic, South, West
Roof Type Metal
Present Use Resort
Building
Lot Description Irregular Lot
Story One
Foundation 7000
Sewer Private Sewer
Water Private
Level or Stories One
Structure Type Wood Siding
Schools
School District Ely
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