2170 County Road 139, International Falls, MN 56649

$3,208,000
Property Type: Commercial Bedrooms: 44 Baths: 29 Lot Size (sq. ft.): 3,005,640 Status: Closed
Current Price: $3,208,000 List Date: 1/01/2025 Last Modified: 8/07/2025

Overview

Description

Wikipedia reports that the shared Minnesota/Ontario border water of Rainy Lake (Ojibwe: gojiji-zaaga'igan) has a vast surface area of 360 square miles, 2,568 islands,1570 miles of extremely fishy shoreline and is so serene that it is home to Minnesota's Voyageurs National Park! One thing Wikipedia doesn't mention is that Thunderbird Lodge, the only full service year round resort on either side of the lake is now for sale! Sitting on 69 acres with approximately 1200' of waterfront and with newly added municipal sewer this iconic business is primed for expansion by adding more cabins, RV/Campsites and more! Currently the 15 deluxe lodgerooms,10 cabins and a rental house will sleep 125 guests.The welcoming lakeside bar seats 60 (add 40 with the summer deck) while the dining room will accommodate 70 and the private banquet room 130. There are 100 boat slips and plenty of room to add more! Rental boats, snowmobiles are available if you don't have your own to explore this amazing wilderness!

Listing Details MLS# 6470058

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
50
Owner Occupied
No
Waterfront Frontage
1100
Waterfront Present
Yes
Year Built
1937
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Shoreline
Foundation Size
10318
Garage Stalls
Yes
Lake/Waterfront Name
Rainy
For Sale or Lease
For Sale
Acres
69
Lot Dimensions
1155x1070

Property Features

Accessible: Wheelchair Ramp Air Conditioning: Central Air; Wall Unit(s); Window Unit(s) Amenities Shared: Beach; Boat Slip; Deck; Dock CMU Style: Resort Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Other; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer Construction Status: Previously Owned Current Use: Commercial; Event Space; Food Service; Recreational; Residential; Resort; Tavern/Lounge Elevation Highpoint to Waterfront Slope: Gradual Exterior: Wood Fencing: None Financing Terms: Conventional Foundation: Other Fuel: Electric Heating: Baseboard; Forced Air Loan Terms: Cash; Conventional Location Description: Other/See Remarks On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Assigned; RV Access/Parking; Unassigned Rental License Type: Other Sewer: City Sewer/Connected Unit 15: Total Bathrooms Water: Well Waterfront View: Bay; Harbor; Lake; Panoramic; North; East

Contract Information

Off Market Date
2025-06-30
Closed Date
2025-07-11
Sales Close Price
3208000
Contingency
None
ListPrice
3650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2170
Street Name
County Road 139
Postal City
International Falls
County
Koochiching
State
MN
Zip Code
56649

Additional Parcels Information

Property ID #2
0703224100
Property ID #3
0703231100,0703232100

Assessments

Assessment Balance
10699
Tax With Assessments
30878

More Information

Building Information

Building Finished SqFt
19842

Lake Details

Lake Acres
210200
Lake Depth
161

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
600
Assigned
Yes
RV Access/Parking
Yes
Unassigned
Yes

Public Survey Info

Range#
22
Section#
32
Township#
71

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License

Unit 1

Unit Number
101
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Level
Main Level
Unit Total SqFt
250
Leased?
No
No. of 1 Bedroom Units
15

Unit 10

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
208
Unit Total SqFt
200

Unit 11

Full Baths
Yes
Leased?
No
Level
3rd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
301
Unit Total SqFt
250

Unit 12

Full Baths
Yes
Leased?
No
Level
3rd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
302
Unit Total SqFt
285

Unit 13

Full Baths
Yes
Leased?
No
Level
3rd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
303
Unit Total SqFt
285

Unit 14

Full Baths
Yes
Leased?
No
Level
3rd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
304
Unit Total SqFt
285

Unit 15

Full Baths
Yes
Leased?
No
Level
3rd Level
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
305
Unit Total SqFt
200
Total Bathrooms
Yes

Unit 2

No. of 2 Bedroom Units
5
Leased?
No
Level
Main Level
Three-Quarter Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
102
Unit Total SqFt
250

Unit 3

No. of 3 Bedroom Units
5
Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
201
Unit Total SqFt
250

Unit 4

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
202
Unit Total SqFt
285

Unit 5

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
203
Unit Total SqFt
250

Unit 6

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
204
Unit Total SqFt
285

Unit 7

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
205
Unit Total SqFt
200

Unit 8

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
206
Unit Total SqFt
200

Unit 9

Full Baths
Yes
Leased?
No
Level
2nd Level
Total Bathrooms
Yes
Total Bedrooms
Yes
Total Rooms
Yes
Unit Number
207
Unit Total SqFt
200

Unit Details

Total Units
26

Unit Information

No. of Efficiency Units
15

Office/Member Info

Association
SPAAR
MLSID
RMLS

Location, Tax and Other Information

Legal Description
See attached
Listing City
International Falls
Map Page
999
Municipality
International Falls
Rental License?
Yes
School District
International Falls
School District Phone
218-283-2571
DNR Lake ID#
69069400
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
8833
Property ID Number
0703200210
Tax Year
2023
Tax Amount
20179
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Wikipedia reports that the shared Minnesota/Ontario border water of Rainy Lake (Ojibwe: gojiji-zaaga'igan) has a vast surface area of 360 square miles, 2,568 islands,1570 miles of extremely fishy shoreline and is so serene that it is home to Minnesota's Voyageurs National Park! One thing Wikipedia doesn't mention is that Thunderbird Lodge, the only full service year round resort on either side of the lake is now for sale! Sitting on 69 acres with approximately 1200' of waterfront and with newly added municipal sewer this iconic business is primed for expansion by adding more cabins, RV/Campsites and more! Currently the 15 deluxe lodgerooms,10 cabins and a rental house will sleep 125 guests.The welcoming lakeside bar seats 60 (add 40 with the summer deck) while the dining room will accommodate 70 and the private banquet room 130. There are 100 boat slips and plenty of room to add more! Rental boats, snowmobiles are available if you don't have your own to explore this amazing wilderness!
Directions
10 miles East on Int'l Falls on Hwy 11. Take left on County Road 139

Accessible

Wheelchair Ramp
Yes

Air Conditioning

Central Air
Yes
Wall Unit(s)
Yes
Window Unit(s)
Yes

Amenities Shared

Beach
Yes
Boat Slip
Yes
Deck
Yes
Dock
Yes

Construction Status

Previously Owned
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Wood
Yes

Fencing

None
Yes

Financing Terms

Conventional
Yes

Foundation

Other
Yes

Fuel

Electric
Yes

Heating

Baseboard
Yes
Forced Air
Yes

Lake/Waterfront

Deeded Access
Yes
Dock
Yes
Lake Front
Yes
Lake View
Yes

Rental License Type

Other
Yes

Sewer

City Sewer/Connected
Yes

Water

Well
Yes

Waterfront View

Bay
Yes
Harbor
Yes
Lake
Yes
Panoramic
Yes
North
Yes
East
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

Resort
Yes

Commercial Kitchen Appliances

Cookware/Utensils
Yes
Dishwasher
Yes
Flat Top
Yes
Freezer
Yes
Fryer
Yes
Grill
Yes
Ice Machine
Yes
Other
Yes
Oven
Yes
Pre-Piped Fire Suppression System
Yes
Prep Station
Yes
Refrigerator
Yes
Shelving and Racks
Yes
Walk-In Cooler/Freezer
Yes

Current Use

Commercial
Yes
Event Space
Yes
Food Service
Yes
Recreational
Yes
Residential
Yes
Resort
Yes
Tavern/Lounge
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Other/See Remarks
Yes
Listing Office: Move it Real Estate Group/Lake
IDX
Last Updated: August - 07 - 2025
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