a Berkshire Hathaway affiliate

$720,000

60 W Lakeview Pl, Ely


60 W Lakeview Pl Ely, MN 55731 - Shagawa Lake

For Sale MLS# 5291127

2,003 sq ft Commercial

Data current as of {{getLocalTime('2019-09-15T05:20:38Z')}}

Details

MLS# 5291127

Description for 60 W Lakeview Pl, Ely, MN, 55731 - Shagawa Lake


WOW! Blue-sky awaits you in both the business and the amazing views from the deck, restaurant, cabins and RV / Campgrounds on the shores of gorgeous Shagawa Lake in Ely! This year round business features indoor seating and outdoor deck seating, as well as fireside dining for over 100 people. Rustic seating leads to the ambiance and atmosphere of the true Up North feel. Amazing Opportunity for that go-getter that's looking for resort life in Ely! Full service restaurant with bar service, 4 one (1) bedroom log cabin rentals, 6 RV sites with electric service, 5 tent camping sites tucked in the woods on 3+ acres. 72 feet of dock space with enough room for 15-16 boats, 278 ft of sandy soft beach. Bait and tackle gift shop, office space &/or living quarters, and 20 years of solid 20 years of profitable business, with plenty of room for expansion of services and features. Sky is the limit Cabins included boat rental and wifi/satellite. Website and trademarks included.

Listing Information


Property Type: Commercial, Resort,Business Opportunity

Status: Active

Lot Size: 0.21 Acres

Square Feet: 2,003 sq ft

Year Built: 1959

Foundation: 2,003 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Auditors Of Chandler Add To El

Builder:

Foundation:

Total Units: 6

Current Use: Restaurant,Tavern/Lounge,Resort,Food Service,Commercial,Recreational,Retail

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: St. Louis

Days On Market: 4

HERS Score:

Construction Status: Previously Owned

School Information


District: 696 - Ely

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Wheelchair Ramp

Additional Interior Features: 220 Volt

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate

Other Utilities:

Heating: Propane, Forced Air

Exterior / Lot Features


Garage Spaces: 1

Parking Spaces: 20

Parking Description: Detached Garage

Exterior: Log Siding

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 175x220

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Irregular Lot

Out Buildings: Out Buildings

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Shagawa Lake

DNR Lake ID: 69006900

Water Front Type: Lake Front

Water Frontage: 175 Ft.

Lake Acres: 2,345

Lake Depth: 48 Ft.

Lake Bottom:

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront:

High Point to Waterfront:

Driving Directions


Central Blvd North to W Shagawa Road (left) to Lakeplace (right) to fire number and Grant Mcmahan to Gold Mine to fireplace.

Financial Considerations


Other Deposit Fees:

Assessments: $235

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 030003004347

Tax Amount: $3,055

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$720,000 Original Price
$720,000 Current Price
+$0 Total Change
Date Price Change
9/10/2019 06:43 PM $720,000

Sales History

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Schools nearby 60 W Lakeview Pl

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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

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

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