Minnesota Resort Sales - Lakeshore property, resorts, cabins, campgrounds, small businesses : BIG PROPERTY & HISTORIC...Bank Owned Resort Operation Near Barnum, MN

BIG PROPERTY & HISTORIC...Bank Owned Resort Operation Near Barnum, MN
MNRS #1960212

MIXED HARD & SOFT WOODS THROUGHOUT THE ENTIRE PROPERTY. THE PROPERTY HAS ± 26 ACRES WITH APPROXIMATELY 450 OF LAKESHORE ON LITTLE HANGING HORN LAKE. THIS RESORT BUSINESS WAS OPEN YEAR AROUND AND OFFERED FOOD, LIQUOR & LODGING. AS A NEW OWNER, YOU CAN DECIDE HOW THIS OPERATION WILL BE STRUCTURED.
THERE IS A TOTAL OF 17 RENTAL UNITS: (2) TWO BEDROOM DUPLEXES, (1) TRI-PLEX THAT INCLUDES A PRIVATE BEDROOM & BATHROOM IN EACH UNIT WITH FULL KITCHEN AND LIVING ROOM, (5) VACATION COTTAGES, ONE, TWO & THREE BEDROOM UNITS. THE DUPLEXES, THE TRI-PLEX AND 5 VACATION COTTAGES ARE “SUMMER USE ONLY”.

A COUPLE OF THE UNITS ARE WHAT WE CONSIDER TO BE IN TEAR-DOWN CONDITION…THIS WOULD BE ENTIRELY UP TO THE NEW OWNERS AND THEIR ABILITIES TO REBUILD THEM

The sale price takes into account the condition of the operation….

THE MAIN LODGE OFFERS (5) YEAR AROUND KITCHENETTE RENTAL UNITS LOCATED ON THE 2ND LEVEL. EACH UNIT IS ALIKE AND INCLUDES FULL BATH WITH TUB AND SHOWER. OPEN TO THE PUBLIC BY RESERVATION BY THE DAY OR BY THE WEEK.
MAIN LODGE OFFERS A NEW COMMERCIAL KITCHEN BUILT IN 1998. ALL STAINLESS STEEL TABLES & WORK STATIONS, NEW COMMERCIAL APPLIANCES THROUGHOUT. ONE OF THE FORMER OWNERS WAS TRAINED IN PARIS IN CULINARY ARTS AND THE REPUTATION OF THE RESORT WAS WELL KNOWN.

(2) FORMAL DINING ROOMS SEATING FOR 163 GUESTS, THAT OFFER A LAKE VIEW.
DINING ROOM ALSO SERVES AS A CONFERENCE ROOM AND AS A BANQUET ROOM FOR SPECIAL BUSINESS MEETINGS AND PRIVATE DINNER PARTIES.
SEPARATE GAME ROOM ON THE LOWER LEVEL OF THE MAIN LODGE
THE OWNERS APARTMENT IS LOCATED ON THE 2ND LEVEL OF THE MAIN LODGE. THE APARTMENT OFFERS 2 LARGE BEDROOMS, 2 FULL BATHROOMS, OFFICE ROOM, MAIN FLOOR LAUNDRY & UTILITY ROOM, OPEN LIVING AND FORMAL DINING ROOM, KITCHEN WITH CUSTOM BUILT BASE & WALL CABINETS, EXCELLENT CLOSET & STORAGE SPACE, LARGE FLOOR TO CEILING WINDOWS OVERLOOKING THE LAKE AND CATHEDRAL CEILING.

THIS RESORT PROPERTY ALSO HAS A 100-YEAR-OLD CHURCH CHAPEL THAT IS USED THROUGHOUT THE SUMMER MONTHS AS A WEDDING CHAPEL. SEVERAL WEDDINGS WERE HELD EACH SUMMER. THE CHAPEL OFFERS SEATING FOR APPROXIMATELY 100 PEOPLE. BUILT IN THE LATE 1800’s BY THE METHODIST IN THE COMMUNITY OF BARNUM, THIS CHAPEL WAS MOVED TO ITS PRESENT LOCATION IN THE MID 50’s. PAST HISTORY OF THIS RESORT PROPERTY WAS AT ONE TIME USED AS A BIBLE CAMP AND A MUSIC CAMP. THE PROPERTY WAS PURCHASE IN THE LATE 1980’s BY AN ENGLISH MAN WHO CONVERTED THE PROPERTY INTO A RESORT COMPLEX. THE THEME OF THE RESORT TODAY OFFERS AN OLD ENGLISH CHEATER AS EXPERIENCED IN THE “OLD WORLD” PUB AND DINING AREA THROUGHOUT THE MAIN LODGE. THIS RESORT PROPERTY IS TRULY A WONDERFUL SIGHT TO BEHOLD.

IN 2001 THE FORMER OWNERS BUILT A 36×64 BANQUET HALL THAT SITS ADJACENT TO THE VINTAGE CHURCH. THE HALL IS UP TO DATE WITH MENS AND WOMENS BATHROOMS, NSF KITCHEN FACILITY, BAR AREA AND LARGE COMMONS AREA WITH STAGE AND DANCE FLOOR.
NEW OVERSIZED GARAGE AND WORKSHOP AREA WAS BUILT IN 1998. THIS BUILDING ALSO SERVES AS A STORAGE AREA ON THE RESORT PROPERTY.
THERE IS A HORSE STABLE AND CORRAL LOCATED ON THE RESORT PROPERTY. THIS IS FOR THE PRIVATE USE OF THE OWNERS FAMILY ONLY. THIS RESORT DID NOT RENT OR LEASE HORSES FOR RIDING TO THE PUBLIC.

THERE ARE 2 PRIVATE SEPTIC SYSTEMS LOCATED ON THE RESORT PROPERTY. THE NEWEST SYSTEM WAS INSTALLED IN 1994. THE MAIN, LODGE AND 2 SEASONAL COTTAGES ARE HOOKED INTO THIS NEWEST SYSTEM. THE SECOND SEPTIC SYSTEM CONSIST OF A LARGE HOLDING TANK THAT IS PUMPED EVERY WEEK THROUGHOUT THE SUMMER MONTHS OF OPERATION. (NOT USED IN THE WINTER MONTHS). PRIVATE WATER DRINKING SYSTEM, DEEP WELL, WHICH SERVICES THE ENTIRE RESORT COMPLEX. THIS RESORT PROPERTY OFFERS A PRIVATE SAUNA BUILDING FOR GUEST USE THROUGHOUT THE YEAR, CEDAR LINED INTERIOR, ELECTRIC HEATED, BUILT NEW 1999. ALSO NEW IN THE SUMMER OF 1999 WAS A NEW SUN DECK ADDED TO THE MAIN LODGE OVERLOOKING THE LAKE.

THIS IS AN OPPORTUNITY TO RECLAIM A FALLEN RESORT OPERATION THAT WAS ONCE A GLORIOUS DESTINATION. WE FEEL THAT ONCE YOU TAKE A LOOK AT THIS PROPERTY, YOU WILL SEE IT IS PRICED FAIR AT $450,000.00. YOU WILL NOT BE DISAPPOINTED IF YOU WANT A TRUE BARGAIN AND ARE NOT AFRAID TO ROLL UP YOUR SLEEVES.
THIS IS AN EXCELLENT RESORT OPPORTUNITY LOCATED ON LITTLE HANGING HORN LAKE. THE RESORT PROPERTY IS LOCATED APPROXIMATELY 100 MILES NORTH OF THE TWIN CITIES JUST OFF 35 W NORTH EXIT THE BARNUM TURN-OFF OR APPROXIMATELY 25 MINUTES SOUTHEAST OF DULUTH MINNESOTA. THIS IS TRULY A “PICTURE POST CARD” SETTING. THE RESTAURANT HAS GAINED NATIONAL ACCLAIM THROUGH NEWSPAPER ARTICLES IN THE ST. PAUL PRESS AND THE MINNEAPOLIS STAR & TRIBUNE OVER THE YEARS. THIS IS A RESORT DESTINATION VACATION DWELLERS SEEK TO RETURN TO YEAR AFTER YEAR. THERE IS A PLEASANT “QUIET” ABOUT THIS RESORT SETTING THAT BEGS YOU TO COME AND ENJOY THE NORTH COUNTRY ALL FOUR SEASONS OF THE YEAR.