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    474 Kawishiwi Trl Ely, MN 55731

    Sponsored
    For Sale
    $3,300,000

    Turn-key Outfitting Business, 3 Acres, Lakefront

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional business opportunity presents a well-established, turn-key outfitting operation situated on the picturesque shores of White Iron Lake in Ely, Minnesota. Established in 1984, this profitable venture specializes in customized canoe trips into the Boundary Waters Canoe Area Wilderness (BWCAW) and Quetico Provincial Park in Canada. The property encompasses approximately three acres with over 650 feet of stunning shoreline, providing direct access to the BWCAW. The expansive facility includes a two-bedroom owner's residence, a dedicated office, a gift shop, an equipment building, a food packaging area, a workshop, shower houses and baths, private dorm-style and motel accommodations, and six lakeside resort cabins. The business boasts a strong track record of success, having led thousands of groups on unforgettable canoe adventures for over 40 years. Its meticulously crafted operational strategies, including a comprehensive marketing plan and a focus on client satisfaction, ensure consistent repeat business. This unique opportunity allows the new owner to seamlessly continue a legacy of providing exceptional outdoor experiences while enjoying the beauty and tranquility of the BWCAW, a vast wilderness area encompassing over one million acres of pristine forests and countless glacial lakes within the Superior National Forest. The business is offered at $3,300,000.

    Property Features for 474 Kawishiwi Trl

    General Information

    Property type
    Investment properties
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Pine Point Lodge Resort Hotel North Country Canoe ... Canoe & Kayak Rental Service

    Suggested Use

    Realty agency Hotel & Motel Bar & Pub Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ely
    County
    Lake County
    State
    Minnesota
    Longitude
    -91.75361
    Latitude
    47.90224

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    FAQs

    What type of property is this?
    Investment property - Turn-key Outfitting Business, 3 Acres, Lakefront
    Where is this investment property located?
    The property is located at 474 Kawishiwi Trl Ely, MN.
    What is the asking price?
    The asking price for this property is $3,300,000.
    (218) 365-2800
    Request Owner's contact information
    474 Kawishiwi Trl Ely, MN 55731
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

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    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

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    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    474 Kawishiwi Trl Ely, MN 55731
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