For Sale
$1,490,000

7827 Us-169Garrison, MN 56450

Profitable Turnkey Hospitality Business

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1.97-acre lakeshore property in Garrison, Minnesota, presents a unique investment opportunity. The iconic Twin Pines Resort boasts a 6,936 square foot main building housing a full-service restaurant and bar, a commercial kitchen, six hotel rooms, and a full basement with office space, storage, and laundry facilities. Six additional cabins provide further lodging options. The property includes four launch boats, a 400-foot dock, and related equipment. A significant asset is the 35 fish house rentals, along with various ice road trucks and plows. The resort also benefits from 200 feet of sandy lakeshore. Built in phases (1956 and 1990), with renovations completed in 2018, the property comprises four buildings across two stories and features thirteen keys and eighteen beds. The resort currently operates with a seasonal schedule, offering substantial potential for increased revenue. The property is zoned Commercial. Shoreland and includes an existing owner's home, available for separate purchase or lease. Adjacent properties are also available for purchase by the resort buyer. The asking price of $1,490,000 includes all listed assets. Motivated sellers are willing to provide buyer support during the first year of operation.

Highlights

  • Iconic Twin Pines Resort, a profitable multi-stream income business including restaurant, bar, motel rooms, cabins, and fishing services, available for $1,490,000.
  • Main building features commercial kitchen, full-service restaurant & bar, 6 hotel rooms, and full basement with office, storage, and laundry.
  • Includes 6 cabins, 4 launch boats, 400ft dock, and related equipment.
  • 35 fish house rentals, ice road trucks, plows, and related equipment are included.
  • Features 200ft of sand lakeshore on 1.97 acres.
  • Seller financing and on-site owner's home available for purchase or lease; additional parcels available.

Property Details for 7827 Us-169

Property type
Land, Hospitality properties
Square Feet
6,936 SF
Year Renovated
2018
Buildings
4
Stories
2
Lot Size (sq. ft)
85,813 SF
Units
13

Location Insight

City
Garrison
County
Crow Wing
State
Minnesota
Latitude
46.2699117
Longitude
-93.8241384
7827 Us-169, Garrison, Minnesota

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7827 Us-169
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