Vermilion Lake Opportunity
  • DanielgHoule@gmail.com

 

Price: $800,000

MNRS #1960365

For confidential listing information (including financial data), please fill out the forms below and Dan will call you as soon as possible.

Non Disclosure

Buyer Qualification

 

Yes, that’s right, “Lake Vermilion”, one of Minnesota’s premiere recreational lakes with over 40,000 acres full of fishing and family fun. It is also home to the newest state park filled with camping and recreation trails.

Don’t miss out on this one because the action on this lake is prime vacation time and the operation is solid cash flow with room to grow. Current operations take advantage of the prime summer weeks. This leaves plenty of room to grow and increase revenues during spring, fall and winter months for the new owner operator. 


Cabins

There are 12 rental units that are currently booking for the summer of 2018.  The active resort community and tourism area keeps these units rented all summer long and into the fall walleye and Musky fishing. There is an interesting mix of motel units, cabins, and duplex rentals with some of the settings just ten feet from the lake.  Call for discussion on additional cabins available for sale.


Beach & Docks

There is a very nice sandy beach for swimming and sunbathing. There are also 7 docks for resort guests and lake guests.


Restaurant

Summer Fun and elegantly upgraded first class service describe this properties prime cash flowing operation. Grand dining area with postcard lake views satisfies customers on those long summer days and evenings. Current owner has creatively managed and implemented this upscale facility with cuisine that satisfies the vacationing family and the hungry angler. This is a special events center that hosts weddings, reunions, and local nonprofit gatherings. And of course, don’t forget the huge deck that overlooks all the boating activity on Minnesota’s favorite lake destination.


Full Bar

Separated from the dining area this full bar has been known to host fishermen telling some tall tales. It is modern, upgraded and fully licensed for the future owner. There is also an outside deck area used as a "Tiki Bar". Current owner has limited hours that work well with the family atmosphere of the dining and resort operations.


THIS PROPERTY HAS AVAILABLE  FINANCING AND ADDITIONAL PROPERTY FOR SALE


For confidential listing information (including financial data), please fill out the forms below and Dan will call you as soon as possible.

Non Disclosure

Buyer Qualification

Get Listing Updates

Daniel G. Houle
Associate Broker
Questions?
Call (218) 235-0413
DanielGHoule@Gmail.com

Use your 401K, IRA or other qualifying retirement account tax deferred and penalty free to buy a resort from minnesota resort sales.