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Property Details

60 W Lakeview Pl
Ely, MN 55731

Price: $399,000

Listing # 5291127


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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.

Basic Features:

Style Resort
Type Commercial Sale
Zoning Business/Commercial
Year Built 1959
School District Ely
County St. Louis
Lot Size 175x220
Acreage 0.21 acres
Garage 1 Car
Lot Description Irregular Lot
Number of Units 6
Lake Name Shagawa
Lake Depth 48 ft
Water Frontage 175 ft
Tax $ / Year $3,055 / 2019
Tax ID
Legal Description

Includes:

Business,Land,Fixture/Equipment

Additional Features
Government Programs
Terrain Type
Driveway
Exterior Features Log Siding
Foundation 2003.00
Fuel Source Propane
Handicap Access Wheelchair Ramp(s)
Heating Forced Air
Roof Asphalt
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Parking Lot Detached
Exterior Construction
Utilities Heating Separate
Laundry N

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