$2,250,000

2279 Grant McMahan Blvd, Ely, MN 55731


2279 Grant McMahan Blvd Ely, MN 55731 - Shagawa Lake

For Sale MLS# 143773

7,000 sq ft Commercial

Data current as of {{getLocalTime('2023-04-01T08:55:30Z')}}

Details for 2279 Grant McMahan Blvd

MLS# 143773

Description for 2279 Grant McMahan Blvd, Ely, MN, 55731 - Shagawa Lake


WELL MAINTAINED FULL SERVICE BWCA AREA RESORT with BOOKS THAT SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1,015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market. Turn key opportunity to own your own popular business on a popular lake!

Listing Information


Property Type: Commercial, None

Status: Active

Lot Size:

Square Feet: 7,000 sq ft

Year Built: 2013

Foundation:

Garage: No

Stories:

Construction: Wood Frame

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County:

HERS Score:

Construction Status:

Interior Features


Square Footage above: 0 sq ft

Square Footage below:

Flooring:

Basement: Partial, Crawl, Block

Additional Interior Features:

Utilities


Available Utilities: Electric,Gas,Septic Tank,Water Well

Other Utilities:

Cooling: Window Unit

Heating: Electric, Forced Air, Gas

Exterior / Lot Features


Parking Description:

Exterior: Wood

Roof: Metal

Lot View:

Lot Dimensions:

Farm Type:

Crop Type:

Zoning: SMU-1

Additional Exterior/Lot Features: Road Frontage - County Highway

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Shagawa Lake

DNR Lake ID: 69006900

Water Front Type: 1 - Lake

Water Frontage:

Lake Acres:

Lake Depth:

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 465-0020-02696

Tax Year:

HomeStead Description:

Price Changes


$2,250,000 Original Price
$2,250,000 Current Price
+$0 Total Change
Date Price Change
7/11/2022 09:07 AM $2,250,000

Sales History

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Tax Summary

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Schools nearby 2279 Grant McMahan Blvd

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings