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Active
$2,700,000
/mo Edit
Commercial:  2 Stories
3 br • 2 ba • Built 1993
0.9 acres
MLS# 6816820
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    Property Description

    Rare lakefront opportunity offering exceptional versatility and income potential on a scenic Minnesota lake. This expansive property features a large multi-use building currently configured as a spacious vacation rental and event/retreat venue, with generous open areas, multiple bedrooms, and stunning water views throughout. Set on a private shoreline with ample parking and outdoor gathering space, the property is ideal for continued long or short-term rental use, private retreat hosting, or conversion to suit a buyer’s vision. Whether seeking a lifestyle investment, destination property, or unique waterfront holding, this property delivers location, scale, and flexibility that are increasingly hard to find.

    Listing

    Contingency: None
    City: Pine City
    County: Pine
    State: MN
    Property Style: 2 Stories
    Zip Code: 55063

    Interior

    Ceiling Height: 8-10
    Flooring: Carpet, Concrete Slab, Floor Drains, Tile, Vinyl
    Refrigerators: Six or More
    Appliances Included:
    • Chandelier
    • Cooktop
    • Dishwasher
    • Dryer
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Indoor Grill
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Filtration System
    • Water Softener Owned
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 15x20
    Garage Size: 300 ft2
    Garage Door Height: 71
    Garage Door Width: 81
    Air Conditioning: Zoned
    Foundation Size: 13,500 ft2
    Foundation Dimensions: 90x150
    Fencing: None
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, Wheelchair Ramp(s)
    Road Responsibility: Private Maintained Road
    Heating System:
    • Other
    • Zoned
    Parking Features:
    • Attached Garage
    • Guest Parking
    • Other
    • Parking Lot
    • Paved Lot
    • Tandem Garage
    Unit Amenities:
    • Boat Slip
    • Ceiling Fan(s)
    • Dock
    • Ethernet Wired
    • French Doors
    • Local Area Network
    • Natural Woodwork
    • Paneled Doors
    • Panoramic View
    • Tile Floors
    • Walk-Up Attic
    • Washer/Dryer Hookup
    Road Frontage:
    • Private Road
    • Street Lights
    • Township
    Exterior Material:
    • Block
    • Concrete
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Flat
    • Rubber

    Lake & Waterfront

    Waterfront View: Lake, Panoramic, South
    WF Frontage: 250
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom: Excellent Sand

    Lot & Land

    Acres: 0.9
    Geolocation: 45.863695, -93.044101
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
    Lot Dimensions: 0.9
    Zoning:
    • Business/Commercial
    • Other
    • Residential-Single Family
    Lot Description:
    • Accessible Shoreline
    • Additional Land Available
    • Tree Coverage - Light

    Farm

    Topography: High Ground, Sloped

    Schools

    School District: 1994
    District Phone: 3206294010

    Expenses

    Tenant Expenses: All Utilities, Broadband, Cable TV, Common Area Maintenance, Electricity, Exterior Maintenance, Fuel, Gas, Grounds Care, Heat, Hot Water, HVAC Maintenance, Insurance, Janitorial Service

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,756
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,756

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Bed & Breakfast
    • Commercial
    • Event Space
    • Food Service
    • Residential
    • Restaurant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Common
    • Heating Separate
    • Hot Water Separate
    Water System: Well

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Savvy Avenue, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.