Business Overview

Opportunity Zone Investment. Lake Vermilion Resort Just 5 Miles To BWCA Trout Lake Entry Point (Closest Entry
Point To Twin Cities) & Only 4 Hours N Of Mpls/St Paul, 20 Mi to Ely. Strong Base Of Repeat Customers Plus Growth Potential. 21 forested acres of which resort uses apx 4 acres. 710ft shoreline includes sandy beach, boat launch & 8 docks, protected cove, warm southern exposure. 7 furnished cabins at waters edge (2 newer log cabins), RV sites, popular lakeside bar, boat storage bldgs, sauna/laundry bldg, bait bldg, boat gas sales & rental boats. One of the few commercially zoned parcels on Lake Vermilion.

Prior to showing please provide signed NDA and proof of cash or conventional financing – no SBA. Please use
ShowingTime to setup showings. Square footage based on average cabin size. 24hr notice for all showings and
listing agent must be present for all showings.

Financial

Seller Financing Available

  • Asking Price: $1,590,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2004

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:750
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A