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Active
$1,490,000
/mo Edit
Commercial:  Business,Resort
Built 1959
1.97 acres
Onamia schools
MLS# 6545318
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    Property Description

    Have you dreamed of leaving the rat race and being your own boss? Do you love the up north lake lifestyle, and everything that goes with it? Do you have experience in the food service, hospitality, or resort/tourism industries? This Unique opportunity to be the next owners of the Iconic Twin Pines Resort is only available due to the owners wanting to retire! Current owners have built a profitable business over 30+ years, with multiple streams of income, including restaurant, bar, motel rooms, cabins, launch fishing service, winter ice road access and fish house rentals, all while raising their family here. The resort offers package plans that include food, lodging and fishing on Mille Lacs lake. Visit their website for a good overview of resort offerings. With the twin cities growing closer and closer to Mille Lacs every year, its an easy location for a day trip or a weekend getaway! This is your opportunity to get into a turn-key service business, with everything included! The sale includes almost 2 acres of land with 200ft of sand beach accessible across the road, the 4608SF main building features a main floor full service restaurant with bar, six upper level motel rooms and an unfinished basement with office, laundry, utilities and storage. There is also a two bedroom 528SF Cabin, and an 1800SF motel with 3 studio motel rooms and 2 two bedroom cabin units. There are 4 summer launch fishing boats, 30+ ice fishing houses, two 100ft ice bridges, misc ice trucks, and all the associated equipment needed to run this well-established business. There is currently a 54x30 shop being built, with 14ft walls, a 12ft door and dual heat sources, to be included in the resort sale. Adjacent properties on either side of resort are also available to resort purchaser. Motivated sellers, will consider all bonafide offers! If you have an interest, lets talk!

    Listing

    Contingency: None
    City: Garrison
    County: Crow Wing
    State: MN
    Property Style: Business, Resort
    Zip Code: 56450
    Subdivision Name: Thorpe Bros Mille Lacs Shores

    Interior

    Ranges: Four
    Refrigerators: Six or More
    Basement Details: Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 30
    Foundation Size: 4,632 ft2
    Foundation Dimensions: 36x64, 22x24, 20x42, 20x16, 20x16, 20x16
    Handicap Accessible: Wheelchair Ramp(s)
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Fireplace(s)
    • Forced Air
    • Hot Water
    • Outdoor Boiler
    Parking Features:
    • Carport
    • Detached
    • Guest Parking
    • Parking Lot
    Road Frontage: Highway
    Exterior Material: Brick/Stone

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Mille Lacs
    Waterfront View: Bay, East, Lake
    DNR Lake ID#: 48000200
    WF Frontage: 200
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Chain Name: N
    Lake Acres: 128250
    Lake Depth: 42
    Waterfront: Lake Front
    Lake Bottom: Sand

    Lot & Land

    Acres: 1.97
    Geolocation: 46.2699476781, -93.8247351167
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 200 x 430
    Zoning:
    • Business/Commercial
    • Shoreline
    Lot Description: Accessible Shoreline

    Farm

    Topography: Level

    Schools

    School District: 480
    District Phone: 320-532-4174

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,800
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,000

    Units

    Total Units: 13

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Hotel/Motel
    • Other
    • Professional/Office
    • Recreational
    • Resort
    • Restaurant
    Fuel System:
    • Natural Gas
    • Wood
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Electric Separate
    • Heating Common
    • Heating Separate
    Water System: Well

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.