Listed By
Agency Name: Real Broker,LLC
Agency Phone: 651-370-9026
Shown By
Agent Name: Jeanne Hauser, Broker/Agent
Agent Phone: (651) 269-2987
Agency Title: Counselor Realty
Property Description
This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic.The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales.Additional upgrades include new roofs on all buildings, new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout.The sale also includes existing inventory, making this a true turnkey opportunity.Whether you're looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota's most sought-after recreation areas. Don't miss it!
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2 4th Avenue E, Federal Dam, MN 56641
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2 4th Avenue E, Federal Dam, MN 56641
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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2 4th Avenue E | MLS# 7025484
This commercial property located at 2 4th Avenue E, Federal Dam, MN 56641 is currently listed for sale with an asking price of $325,000. 4th Avenue E is located within the Northland Community Schools school district. Search Federal Dam real estate on jhauser.counselorrealty.com today.