Waterfront
Address
5266 Mud Creek Rd Tower, MN
Price
$ 1,590,000
Property Attributes
  • MLS#6096395
  • TypeCommercial
  • CountySAINT LOUIS
  • CityTower
  • AreaTower
  • Zip55790
  • StyleResort
  • Year Built2004
  • Taxes$ 4504
  • Price$ 1,590,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size21.13 Acres
Listing Provided Courtesy Of:
Janisch Realty Inc.
Data Source:
Lake Superior Area of REALTORS® (LSAR) - 389 - MN
Property 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.

Price History
5/2/2021 Listed $1,590,000

General Features

Heating Baseboard, Electric
Roof Asphalt Shingles
School District St. Louis County #2142

Exterior Features

Latitude 47.893471
Longitude -92.240655
Exterior Log, Wood

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55790

Price
AVG $1.01M
$1.59M
Taxes
AVG $3,853
$4,504
Visits
AVG 24
32
Year Built
AVG 1946
2004

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