32360 215th Lane, Isle, MN 56342

$3,000,000
Property Type: Commercial Lot Size (sq. ft.): 871,200 Status: Closed
Current Price: $3,000,000 List Date: 1/03/2024 Last Modified: 6/08/2025

Overview

Description

Turn-key successful resort on Mille Lacs Lake. 20 acre property with 300 feet of lakeshore and a private harbor. 82 seasonal RV/mobile home sites (70 with full hookup to sewer/water and electric, and 12 with electric only). New septic system being installed spring of 2024. Full restaurant/bar onsite with a new septic in 2020. Ice fishing business with 7 resort-owned fish houses, 4 plow trucks, and 3 ice bridges. Same owner for over 20 years, ready to hand the reins over to the next generation. Strong cashflow and financials available upon request to qualified buyers. Seller financing available.

Listing Details MLS# 6472744

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
30
Owner Occupied
No
Road Btwn WF & Home?
No
Waterfront Frontage
300
Waterfront Present
Yes
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Shoreline
Foundation Size
1250
Garage Stalls
4
Lake/Waterfront Name
Mille Lacs
For Sale or Lease
For Sale
Acres
20
Lot Dimensions
300 x 250 x 175 x 576 x 1310 x 300 x 578 x 263 x 186 x 186

Property Features

Accessible: None CMU Style: Resort Construction Status: Previously Owned Current Use: Resort; Restaurant Exterior: Wood Fuel: Propane Heating: Forced Air Lake Details: Sand Loan Terms: Cash; Contract for Deed; Conventional Lock Box Type: None On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Sewer: Private Sewer Water: Well Waterfront View: Lake

Contract Information

Digitally Altered Photos
No
Off Market Date
2024-06-03
Closed Date
2024-05-31
Sales Close Price
3000000
Contingency
None
ListPrice
3500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
32360
Street Name
215th
Street Suffix
Lane
Postal City
Isle
County
Aitkin
State
MN
Zip Code
56342

Additional Parcels Information

Property ID #2
161061301

Assessments

Tax With Assessments
13014
Assessment Balance
0

More Information

Basement

Foundation Dimensions
50 x 25

Building Information

Building Finished SqFt
4300
Building SqFt
4300

Lake Details

Lake Acres
128250
Lake Depth
42
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
36 x 60
Garage Door Height
10
Garage Door Width
10
Garage Square Feet
2160
Parking Lot
Yes

Public Survey Info

Range#
25
Section#
5
Township#
44

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Unit Details

Total Units
82

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

Listing City
Isle
Map Page
999
Municipality
Lakeside Twp
Rental License?
No
School District
Aitkin
School District Phone
218-927-2115
DNR Lake ID#
48000200
DNR Lake Classification
General Development
Lake Chain
N
Zip Plus 4
274
Property ID Number
160007301
Tax Year
2023
Tax Amount
13014
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Turn-key successful resort on Mille Lacs Lake. 20 acre property with 300 feet of lakeshore and a private harbor. 82 seasonal RV/mobile home sites (70 with full hookup to sewer/water and electric, and 12 with electric only). New septic system being installed spring of 2024. Full restaurant/bar onsite with a new septic in 2020. Ice fishing business with 7 resort-owned fish houses, 4 plow trucks, and 3 ice bridges. Same owner for over 20 years, ready to hand the reins over to the next generation. Strong cashflow and financials available upon request to qualified buyers. Seller financing available.
Directions
From Isle, go 14 miles north on Hwy 47. Turn left on 216th Ln to the property. Only 1/4 mile south of Malmo.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Wood
Yes

Fuel

Propane
Yes

Heating

Forced Air
Yes

Lake/Waterfront

Lake Front
Yes

Lock Box Type

None
Yes

Sewer

Private Sewer
Yes

Water

Well
Yes

Waterfront View

Lake
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Resort
Yes

Current Use

Resort
Yes
Restaurant
Yes

Loan Terms

Cash
Yes
Contract for Deed
Yes
Conventional
Yes
Listing Office: Wits Realty
IDX
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.