For Sale: Beatty Twp MLS# 6578007
Active
$2,795,000
Commercial: Resort
Built 1960
88 acres
St. Louis County schools
MLS# 6578007
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Property Description
This private resort captures a serene wilderness setting with 5 charming cabins on ±88 acres and ±3, 000 feet of shoreline on the most remote automobile-accessible area of Lake Vermilion. The Property offers several activities and amenities including paddle boats, kayaks, canoes, a sauna, a 2-mile-long driveway for biking or jogging, and much more. Significant additional development potential exists given the fact that the Property is situated on ±88 acres. This property is located in an opportunity zone.
The Property is located on Black Bay on Lake Vermillion in the heart of Minnesota's Arrowhead Region; a mere 17 miles northeast of Cook, MN, 40 miles north of Virginia, MN, 110 miles north of Duluth, and just 240 miles north of the Twin Cities Metropolitan Area.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,795,000
Property Type:
Commercial
City:
Beatty Twp
County:
St. Louis
Year Built:
1960
State:
MN
Property Style:
Resort
Zip Code:
55723
Subdivision Name:
Beatty Town Of
Exterior
Other Parking Spaces:
20
Air Conditioning:
Wall Unit(s)
Foundation Size:
4,720 ft2
Foundation Dimensions:
Irregular
Handicap Accessible:
None
Heating System:
Baseboard
Parking Features:
Open
Shared Amenities:
- Beach
- Other
- Patio
- Porch
- Sauna
Exterior Material:
- Log Siding
- Wood Siding
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Vermilion
Waterfront View:
Bay
DNR Lake ID#:
69037800
WF Frontage:
3000
Lake Chain Name:
N
Lake Acres:
39272
Lake Depth:
76
Waterfront:
Lake Front
Lot & Land
Acres:
88
Geolocation:
47.966333, -92.585965
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory
Lot Dimensions:
Irregular
Addl Parcels:
250002000101, 250002000270
Zoning:
- Business/Commercial
- Other
Schools
School District:
2142
District Phone:
218-749-8130
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,892
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,892
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Other
- Resort
Fuel System:
Propane
Owner Occupied:
No
Sewer System:
Septic System Compliant - Yes
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
Well
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Listing provided by RMLS,
courtesy of Northco Real Estate Services.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.