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PROPERTY DETAILS

MLS# 6538852

9976-9990 Gappa Road, Kabetogama Twp, MN 56669

List Price: 3,000,000

MLS#: 6538852

Property Details

(10.21% Cap Rate) This remarkable property has over 20 acres of land and boasts over 1,000 feet of shoreline nestled along Lake Kabetogama. The property boasts 20 fully furnished cabins, 34 RV sites, 30 docks, and a fleet of 11 boats, ensuring guests enjoy a comfortable and memorable stay. The Resort offers not only a lucrative turn-key business but also immense potential for expansion. With ample undeveloped land, opportunities abound to enhance services, add accommodations, and optimize the main lodge, making it an enticing prospect for investors and visionary entrepreneurs in the hospitality industry. Whether you're seeking a profitable venture or aiming to leave a mark in hospitality, The Pine Aire Resort offers an unparalleled opportunity to own a premier destination in one of nature's most captivating settings. Don't miss out on the chance to become part of this extraordinary legacy.

Features

Style

Resort

Type

Commercial Sale

Zoning

Business/Commercial

Year Built

2002

School District

St. Louis County

County

St. Louis

Lot Size

231X257X51X132X222X160X48X135X89X392X127X409X35...

Acreage

21.21 acres

Garage

99 Car

Above Grd

0 sq ft

Below Grd

0 sq ft

Tax $ / Year

$14,386 / 2023

Additional Features

Driveway

Exterior Features

Wood Siding

Foundation

20000.00

Fuel Source

Other

Handicap Access

None

Heating

Other

| View All |

Water Service

Lake Water

Water Heater

Parking Lot

Detached, Gravel, Guest Parking, RV Access/Parking, Unassigned, Open

Exterior Construction

Utilities

Electric Common

Laundry

N

X

Driveway

Exterior Features

Wood Siding

Foundation

20000.00

Fuel Source

Other

Handicap Access

None

Heating

Other

Sewer Service

Mound Septic, Septic System Compliant - Yes

Water Service

Lake Water

Water Heater

Parking Lot

Detached, Gravel, Guest Parking, RV Access/Parking, Unassigned, Open

Exterior Construction

Utilities

Electric Common

Laundry

N

X

Rooms

Size

Level

Floor

Water Front

Waterfront Type

Dock,Lake Fr...

Waterfront Elevation

-

Waterfront Slope

-

Waterfront Clarity

-

Includes

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

Listing Agency

Coldwell Banker Realty