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Active
$350,000
/mo Edit
Commercial:  Business,Resort
Built 1960
1.27 acres
Lake Of The Woods schools
MLS# 6577412
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    Property Description

    Currently opperating as Clementson Resort, this main house with 5 cabins could be your next investment opportunity. Property includes a 2 bedroom main house, one 1 bedroom cabin, three 2 bedroom cabins, one 4 bedroom cabin, insulated/heated garage and storage building. Recent upgrades include: all new roofs in the last 6 years, new well by the main home in 2022, upgraded well that services cabins, new septic that services cabins, upgraded heating system and updated insulation in cabins. Presently, the home and cabins are all rented by the month. With multiple large updates already completed, there is so much potential with in this little resort! Proof of funds/lender approved financing required to view/receive financials.

    Listing

    Contingency: None
    City: Baudette
    County: Lake of the Woods
    State: MN
    Property Style: Business, Resort
    Zip Code: 56623
    Subdivision Name: Clementson

    Interior

    Basement Details: Crawl Space

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 14x20
    Garage Size: 280 ft2
    Other Parking Spaces: 8
    Foundation Size: 1,021 ft2
    Foundation Dimensions: 22x40
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage:
    • Paved Streets
    • State Road
    Exterior Material:
    • Fiber Board
    • Vinyl Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 1.27
    Geolocation: 48.6906262711, -94.4369350847
    Inclusions: Building, Fixture/Equipment, Land
    Lot Dimensions: 140 x 250, 140 x 150
    Addl Parcels: 315003050, 315002031
    Zoning: Business/Commercial

    Schools

    School District: 390
    District Phone: 218-634-2735

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,754
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,754

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Commercial
    • Professional/Office
    • Resort
    Fuel System: Propane
    Owner Occupied: No
    Sewer System:
    • Mound Septic
    • Private Sewer
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System:
    • Private
    • Well

    Mortgage Calculator

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    Payment:  /mo

    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 Reed Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.