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.


Seller Financing Available

  • Asking Price: $1,590,000
  • Cash Flow: N/A
  • Gross Revenue: 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