Ely MN Resort For Sale (REDUCED)

Ely, MN (Saint Louis County)

Seller Financing Available
A family resort close to the Ely and the BWCA
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Asking Price: Get Financing: $995,000

Cash Flow: N/A

Gross Revenue: N/A



Inventory: N/A

Real Estate: $1,000,000

Established: 1972

Ely MN Resort For Sale (REDUCED)

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Business Description

Established Turn-Key, Ely MN Resort For Sale(REDUCED)

REDUCED!! From $1,150,000 to $995,000

This small, 4-season Resort and Owner's Lodge offers a unique opportunity as an established Resort, family or business retreat, common interest community or an association management business.

Sitting on a quiet lakeside point, this Ely Minnesota Resort has access to multiple lakes and direct access to the BWCA. Wildlife themed cabins are recently remodeled and air conditioned. Each cabin has a fireplace, flat screen TV, WiFi internet, and a fully furnished kitchen. Resort grounds are immaculate with flower gardens, large decks, docks, beach, play area, and water's edge lake views.

The owner's home has 4-bedrooms, 3 baths, 2 fireplaces, a newly remodeled kitchen, all new appliances including laundry, and a new lakeside addition with living room and master suite. Large decks wrap around the home. There are numerous updates to this property including excellent well water system, and 3 certified septic systems. The property is extremely well kept and shows the pride of ownership by the retiring owners after 42 Years!

Terms: Cash (preferred) or contract for pre-qualified buyers.

What's Next? Fill out the Non-Disclosure form on our private For Sale website and we will send you additional information about the business.

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building SF:
More info at: https://www.elymnresortforsale.com/ See us on Facebook. GardenLakeResort@facebook.com (Home Based)
This well established resort business is located in Ely, Minnesota, the gateway to the BWCA (Boundary Waters Canoe Area). The business and assets are in excellent condition with a strong repeat customer base. A unique opportunity in a Prestine location! EXPERIENCE THE DIFFERENCE! Excellent care and maintenance of this Resort SHOWS! More info at: https://www.elymnresortforsale.com/
Growth & Expansion:
Although physical expansion is limited to to the size of the property, there are a number of growth opportunities in terms of seasonal growth via marketing.
Contract for Deed to qualified buyer, Financials available to qualified buyers.
Support & Training:
More info at: https://www.elymnresortforsale.com/ 218-235-9316 Mark
Reason for Selling:
Owners are retiring after 42 years!
This business is Home-Based
Business Website:
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Business Listed By:
Mark Ellerbroek

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