Listing Courtesy of: Dan Nielsen - Real Broker,llc
$350,000
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2 4th St E Federal Dam, MN 56641
Single Family
Residence
3
Beds
3
Baths
...
Bed/Bath
672
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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!
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MLS#
6790165
Property Type
Single Family
Bedrooms
3
Bathrooms
1 Full
Year Built
1950
Square Feet
672
sq. ft
Lot Size
0.51
Stories
1.0
Sewer
City Sewer
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