Courtesy: Real Broker,llc
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 (garage to be completed within the next few weeks), 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!
Courtesy: Thunder Lake Realty Inc.
218-566-3100
A lucrative business opportunity awaits the one with a vision! This well-known establishment is located in Federal Dam on the shores of Leech Lake, rich in history of entertaining fishermen and tourists alike. The building is a solid 4900 square feet and currently houses a convenience store, cafe, bar & restaurant complete with a dance floor & band stand. The kitchen and bar are intact and all fixtures are included in the sale. The business is currently not in full operation. Nearby Corps of Engineers campground has hundreds of campers each season. Be the only spot in town to get food & beverages and the only spot for miles around! This location would be a fantastic family business ~ add some bait & tackle for additional revenue from the tens of thousands of people that fish Leech Lake each year. Come see it today and begin your next chapter!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Federal Dam is located in Minnesota. Federal Dam, Minnesota has a population of 138. Federal Dam is more family-centric than the surrounding county with 23.33% of the households containing married families with children. The county average for households married with children is 21.07%.
The median household income in Federal Dam, Minnesota is $52,500. The median household income for the surrounding county is $56,487 compared to the national median of $69,021. The median age of people living in Federal Dam is 34.7 years.
The average high temperature in July is 79 degrees, with an average low temperature in January of -1.4 degrees. The average rainfall is approximately 27 inches per year, with 40.2 inches of snow per year.
