$1,590,000

5266 Mud Creek Rd

Tower MN, 55790

Description

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.

Details

MLS#5749088
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2004
Days On Site7

Features

Units7
Acreage21.13
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Area Information
StateMN
CountySt. Louis
CityTower
Zip Code55790
Listing VS Median (in 55790)
Price:
$1,590,000
low | high
Med:
$298,500
100% of Average
On Site:
7
low | high
Med:
62.5
11.2% of Average
Sourced by Back At You
Listing Updated: May 2, 2021 7:24:26 PM PDT
Lisa Janisch LogoMLS Number: 5749088
Listing Provided By:
Lisa Janisch  of  Janisch Realty Inc

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