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!
Enjoy lake life with this beautifully maintained 3-bedroom, 2 bath home featuring an 1/8th interest in a shared .78 lake access lot. A perfect place to put in your own dock and enjoy 100” of sandy lakeshore on Leech Lake without the high taxes. The lake access lot and the Battle Point public access are less than a block away! Offered fully furnished, this property is move-in ready and perfect as a year-round residence, vacation getaway, or investment opportunity. Step inside to an inviting open-concept living space designed for comfort and entertaining. The home features a large kitchen with stainless steel appliances, a living room, family room, two dining areas, and large master suite. The home boasts a maintenance-free exterior with metal roof, cement driveway and patio, plus a wired-in Generac generator for added peace of mind. Need space for all your toys? You’ll love the two oversized garages - a 24x40 and a 24x32 –with concrete floors, electricity, and a floor drain in the larger shed. Both are ideal for boats, ATVs, snowmobiles, and extra storage. Leech Lake is a world-renowned walleye fishery spanning over 110,000 acres, offering incredible fishing, boating, waterfront restaurants, and year-round recreation. Enjoy fantastic ice fishing in the winter and access to nearby snowmobile trails for endless cold-weather adventure. Whether you’re looking to create the ultimate fishing retreat or capitalize on VRBO potential, this property offers endless possibilities at a reasonable price. Don’t miss your chance to own a slice of Leech Lake living!
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

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Federal Dam is located in Minnesota. Federal Dam, Minnesota 56641has a population of 138. Federal Dam 56641 is less family-centric than the surrounding county with 19.15% 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 56641 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 56641 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.