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    7827 Us Highway 169 Garrison, MN 56450

    For Sale
    $1,440,000

    Turn-key resort, multiple income streams

    Property size:
    6,936 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    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.

    Property Features for 7827 Us Highway 169

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,936 SF
    Lot Size
    85,813 SF

    Building Details

    Year Built
    1959
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Hair Salon Department Store Nail Salon Hotel & Motel Shopping Mall

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

    Location Insight

    • Map
    • Local Demand
    City
    Garrison
    County
    Crow Wing
    State
    Minnesota
    Longitude
    -93.82411
    Latitude
    46.26992

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    FAQs

    What type of property is this?
    Commercial real estate - Turn-key resort, multiple income streams
    Where is this commercial real estate located?
    The property is located at 7827 Us Highway 169 Garrison, MN.
    What is the asking price?
    The asking price for this property is $1,440,000.
    (320) 676-8829
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    7827 Us Highway 169 Garrison, MN 56450
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    Garrison, MN 56450
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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

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    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.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    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
    7827 Us Highway 169 Garrison, MN 56450
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