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MLS # 5749088 - $1,590,000

STATUS: ACTIVE LISTING

5266 Mud Creek Rd - Tower, MN 55790 - Vermilion Lake

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Property Description

$1,590,000  |  MLS # 5749088  |  5266 Mud Creek Rd - Tower, MN 55790

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.

Property Details

$1,590,000  |  MLS # 5749088  |  5266 Mud Creek Rd - Tower, MN 55790

Class: Commercial
Acres: 21.130
Lot Size Dimensions: 1545x650
Waterfront Name: Vermilion
Waterfront Feet: 710
Exterior Type: Log,Wood Siding
Roof Type: Asphalt
Fuel Type: Electric,Propane
Heating Description: Forced Air,Space Heater
Cooling Description: Window Unit(s)
Water: Well
Courtesy Listing: Janisch Realty, Inc

Additional Details

County Name: St. Louis
Tax Year: 2021
Taxes: $4,504
Body of Water Name: Vermilion
Year Built: 2004
School District: 2142

Approximate Location

$1,590,000  |  MLS # 5749088  |  5266 Mud Creek Rd - Tower, MN 55790

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