Federal Dam, MN 56626,2 4th ST E
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Federal Dam, MN 56626,2 4th ST E
Federal Dam, MN 56626,2 4th ST E
Federal Dam, MN 56626,2 4th ST E
Federal Dam, MN 56626,2 4th ST E
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2 4th ST E Federal Dam, MN 56626

0.51 Acres Lot


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Original

MLS Listing ID 6781575

Year Built 1950

Annual Tax Amount $492

Tax Year 2025

Contingent None

Lot Size 0.510 Acres

Acres 0.51

Lot Dimensions 120x200

Property Description

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!

Location

State MN

County Cass

Zoning Business/Commercial,Residential-Single Family

Rooms

Basement Crawl Space

Interior

Heating Ductless Mini-Split, Forced Air

Cooling Ductless Mini-Split

Inclusions Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other

Fireplace No

Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer

Exterior

Parking Features Attached Garage, Gravel

Garage Spaces 2.0

Utilities Available Electric Separate, Heating Separate

Roof Type Age 8 Years or Less,Asphalt,Metal

Present Use Commercial,Recreational,Residential,Resort,Retail

Building

Lot Description Corner Lot, Some Trees

Story One

Foundation 672

Sewer City Sewer/Connected

Water Submersible - 4 Inch, Drilled, Private, Well

Level or Stories One

Structure Type Wood Siding

Schools

School District Northland Community Schools


Listed by Dan Nielsen • Real Broker,LLC
agent

David Wall

Agent | License ID: 96287-94

+1(715) 203-8301

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2 4th ST E