For Sale: Lake Twp MLS# 6626533
Active
$1,199,000
Commercial: Other
Built 1979
109.15 acres
Warroad schools
MLS# 6626533
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Property Description
The Warroad Estates Golf Course nestled up against Lake of the Woods is a rare opportunity to own a turn key golf course in Northern Minnesota. The 18-hole 100 acre course is a profitable business for the next owner with many opportunities for growth.
The course has undergone many updates over the past decade in which all aspects of the course have changed. First was restructuring and modernizing the course from it’s original design; clearing trees, opening up more area for play and leveling of ground and ditching. The middle years were systems focused; a new sprinkler system was installed as well as two new buildings added to the structures on the property; a large cart shed behind the club house and mower storage. In the most recent years the club house was updated, granite cart paths were added and several other finishing touches put onto the course. Additionally 20 new carts have been purchased recently and several mowers/ course management equipment. List price includes over 100 acre 18 hole golf course, over 2000sf Club house with Kitchen and Bar, heated mechanic shop, cart shed, two additional storage sheds, All mowers and equipment required to maintain the course and over 50 golf carts.
The Warroad Estates currently has a strong membership base, hosts leagues and multiple tournaments each year. It is currently ran as a seasonal course open approximate dates May-October.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,199,000
Property Type:
Commercial
City:
Lake Twp
Garage Spaces:
2
County:
Roseau
Year Built:
1979
State:
MN
Property Style:
Other
Zip Code:
56763
Subdivision Name:
War-Road Estates
Interior
Ceiling Height:
8-10
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
51x62
Garage Size:
3,162 ft2
Garage Door Height:
10
Garage Door Width:
10
Other Parking Spaces:
3
Air Conditioning:
Central Air, Wall Unit(s)
Foundation Size:
2,260 ft2
Foundation Dimensions:
Irregular
Handicap Accessible:
Doors 36"+
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Forced Air
Parking Features:
Parking Lot
Road Frontage:
Township
Exterior Material:
Engineered Wood
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
109.15
Geolocation:
48.942589, -95.328141
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
Lot Dimensions:
Ir
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Schools
School District:
690
District Phone:
218-386-1472
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$5,528
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$5,828
Units
Total Units:
5
Miscellaneous
Current Use:
- Recreational
- Restaurant
Fuel System:
- Electric
- Propane
Owner Occupied:
No
Sewer System:
Mound Septic
Available Utilities:
- Electric Common
- Heating Common
Water System:
- Drilled
- 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.
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!
Listing provided by RMLS,
courtesy of Weiss Realty LLC.
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.