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Commercial:  Resort
Built 1968
12.7 acres
Underwood schools
MLS# 5645320
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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
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Resort
    Year Built: 1968
    City: Underwood
    County: Otter Tail
    State: MN
    Zip Code: 56586


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


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


    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


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


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

    Financial & Taxes

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


    Total Units: 12


    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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    Jeff Zajac joined the Truestone Home Mortgage team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.

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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 and should be verified by the buyer.