4296 Arrowhead Point Rd Tower MN 55790 | MLS 132272

4296 Arrowhead Point Rd
Tower, MN, 55790
$1,525,000
Beds
Baths
9,000 SqFt
0 Acres
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Growing marina and cabin rental business centrally located on Lake Vermilion. The business was established in the early 1930’s and has experienced a resurgence with the ownership change in 2014. The new ownership group has upgraded much of the infrastructure and has seen steady revenue growth as a result. The property includes 8 acres, approx 1100 ft of lakeshore, docks with 60+ slips, general store, bottle shop, bait, fuel, boat/engine repair, and year-round boat storage. Also included are 5 rental cabins (4 are 4-season), all of which have been refurbished since 2014. Two pole buildings offer over 12,000 SQFT of space for long & short term boat storage. The nearly 2000 SQFT historic building offers possibilities for restaurant development for sale or lease. See document section for additional info.

Property Details

Price:
$1,525,000
MLS #:
132272
Status:
Active
Address:
Type:
Commercial
City:
Tower
Listed Date:
Dec 8, 2017 (249 days)
State:
MN
Square Ft (approx):
9,000
ZIP:
55790

Interior

BASEMENT
Slab, None
COOLING
Ceiling Fan, Central Air, Window Unit
HEAT
Electric, Propane

Exterior

CONSTRUCTION
Wood Frame, Steel Frame, Pole Bldg, See Remarks
EXTERIOR
Steel, Wood, See Remarks
PARKING
Parking Area, Garage, Gravel
ROAD FRONTAGE
County Highway
ROOF
Asphalt, Metal, Shingles

Financial

UTILITIES
Septic Tank,Water Well

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disclosure
Courtesy of Coldwell Banker Properties North. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Minnesota – Range Association of REALTORS. Detailed information about real estate listings held by brokerage firms other than Island View Realty include the name of the listing broker. Neither the listing company nor Island View Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2018. Minnesota – Range Association of REALTORS. All rights reserved.
4296 Arrowhead Point Rd
Tower, MN