7827 Us Highway 169Garrison, MN 56450

  • Commercial real estate
  • 528 SF
For Sale
$1,440,000 View listing

Property Details for 7827 Us Highway 169

Construction
WOOD FRAME
Lot size
1.97 AC
Property size (Sq ft)
528 SF
Property type
Commercial real estate
APN
67250526
APU
67250526

Description

This exceptional opportunity presents the chance to own the iconic Twin Pines Resort in Garrison, Minnesota. Established for over 30 years, this profitable business boasts multiple income streams, including a full-service restaurant with bar, six motel rooms, cabins, a launch fishing service, winter ice road access, and fish house rentals. The main 4,608 square foot building houses the restaurant and bar on the main floor, six upper-level motel rooms, and an unfinished basement with office, laundry, and storage. Additional structures include a two-bedroom, 528 square foot cabin, and an 1,800 square foot motel with three studio rooms and two two-bedroom cabin units. The sale includes nearly two acres of land with 200 feet of sand beach across the road. Equipment included in the sale encompasses four summer launch fishing boats, 30+ ice fishing houses, two 100-foot ice bridges, various ice trucks, and all necessary equipment for continued operation. A new 54x30 foot shop with 14-foot walls, a 12-foot door, and dual heat sources is nearing completion and will be included. Adjacent properties are also available for purchase. This turnkey operation offers a unique opportunity to own a well-established business in a desirable location, easily accessible for day trips or weekend getaways from the Twin Cities. The resort offers package plans including food, lodging, and fishing on Mille Lacs Lake. Motivated sellers will consider all serious offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $111,114
    Hospitality
    $101,780
    Educational
    $84,680
    Medical
    $87,592
    Retail
    $131,724

Location Insight

City
Garrison
County
Crow Wing
State
Minnesota
Latitude
46.2699
Longitude
-93.8247
CBSA code
14660
CBSA name
BRAINERD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,332
$110,900
$204,100
$315,000
-
$110,900
$204,100
$315,000

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