- For Sale $1,275,000
- Property Type Other
- Property Size 1,000 SF
- Lot Size 34 Acre
- Date Updated Apr 18, 2024
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Attachments
Highlights
- Currently, either individual lot(s) or the entire development are available for sale
- There are several development scenarios that a new owner could pursue: smaller, eco-friendly homes that fit into the existing plan and/or tiny homes (a conservation development), and larger "second" homes.
- Located in an Opportunity Zone on 34 acres with 720 feet of shoreline
- Located next to Fortune Bay Casino and the Wilderness of Fortune Bay Golf Course which is one of the top rated golf courses in the State of Minnesota, 25 miles from Giants Ridge Golf & Ski Areas, and three and a half hours north of the Twin Cities
- Over $3.3M of improvements have been invested in the Property and infrastructure is in-place: roads, utilities, water and sewer have been installed
- Numerous community amenities and common elements including a bike and boat club, The Waters Club, trails, two inland ponds, a private beach, trails, bicycles, kayaks, paddle boats, a putting green, guest cabin, and more
- The Property is permitted for 24+ boat docks
False
Contacts
Location
Getting Around
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Bike Score ®
20/100 Somewhat Bikeable
- City Tower, MN
- Neighborhood Greenwood
- Zip Code 55790
Points of Interest
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BP
1.48 miles
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diesel
1.50 miles
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Cenex (Vermili Fuel & Food)
3.80 miles
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BP
4.01 miles
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Boat trailer parking
7.64 miles
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Marjo Motel
3.44 miles
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Vermilion Park Inn
5.27 miles
Frequently Asked Questions
What is the lease rate for Lakefront Opportunity Zone Investment in Popular Vacation Area?
Rental asking rate at Lakefront Opportunity Zone Investment in Popular Vacation Area is $637,500.00/YR.
What is the total square footage of Lakefront Opportunity Zone Investment in Popular Vacation Area?
Lakefront Opportunity Zone Investment in Popular Vacation Area totals 1,000 square feet.
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