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Active
Listed
$2,500,000
/mo   Edit
MLS# 5645320
Commercial
Built 1968
12.7 acres
Underwood schools
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    Description:   Great investment opportunity to own this 12 cabin resort & home on 17 1/2 acre point with a half mile of lake shore. Featuring: 8 two bedroom cabins, 1 three bedroom cabin, 2 deluxe 4-bedroom units and the spacious 5-bedroom Family Lodge, the home is 4600 Sq feet with 4 BR, 3 Bath with 1/2 bath /office/laundry with 3 washers and dryers and 1 br apartment in lower level, also has 2 stall heated garage, 32X60 shop with 12' doors, Storage building and ice cream area, play room for kids. Along with great fishing and nice swimming area for family lake fun this resort offers many entertainment opportunities in the area to attract your guests to include golf courses, restaurants, Phelps Mill Park, Maplewood and Glendalough State Parks; shopping at farmer's markets, boutiques, antique shops and much more.
    List Price: $2,500,000
    Sold Date: 0000-00-00
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Resort
    Year Built: 1968
    City: Underwood
    County: Otter Tail
    State: MN
    Zip Code: 56586

    Interior

    Building Fin Sq Ft: 21,600 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Heating System: Other
    Foundation Size: 21,600 ft²
    Road Frontage: County Road
    Handicap Accessible: Other
    Exterior Material: Other
    Garage Spaces: 5
    Other Parking Spaces: 40

    Lake/Waterfront

    Lake/Waterfront: Lake Front
    Lake/Waterfront Name: West Lost
    DNR Lake ID#: 56048100
    Elev Highpt to WF feet: 0-4
    Waterfront Slope: Level
    Lake Acres: 756
    Lake Depth: 16
    Lake Bottom: Hard

    Lot

    Acres: 12.7
    Latitude: 46.37593750
    Longitude: -95.86588220
    Lot Size Dim.: 17.5 acres
    Zoning: Shoreline, Business/Commercial

    Schools

    School District: 550
    District Phone: 218-826-6101

    Expenses

    Owner Expenses: Taxes, Electric, Maintenance/Repair, Water/Sewer, Insurance, Janitorial

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $11,126
    Assessment Pending: Unknown
    Taxes w/ Assessments: $11,756

    Unit

    Total Rooms in Unit 1: 0
    Total Rooms in Unit 2: 8
    Total Rooms in Unit 3: 1
    Total Units: 12
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Resort
    Fuel System: Other
    Sale Includes: Business, Land, Fixture/Equipment, Building
    Sewer System: Private Sewer
    Available Utilities: Heating Common, Electric Common
    Utilities: Heating Common, Electric Common
    Water System: Private

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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jeff
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    TruStone
    Jason
    Roaldson
    CrossCountry
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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    Listing provided by RMLS, courtesy of Lakes Family Real Estate Aka: Otter Tail Real Esta.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.