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    7036 Gold Mine Rd Orr, MN 55771

    For Sale
    $1,200,000

    Turnkey Resort Business on Vermilion River

    Property size:
    6,030 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional, family-owned fishing resort in Orr, Minnesota, presents a unique investment opportunity. Situated on a sprawling 38.25-acre parcel with 1000 feet of prime Vermilion River frontage, this established business boasts a substantial footprint of 6,030 square feet. The property includes a comfortable 2-bedroom, 2-bathroom owner's home, providing convenient on-site living. Eight cabins, ranging from one to three bedrooms, cater to a diverse clientele. Supporting structures include a generator shed, a workshop, and a dedicated fish cleaning house. The sale includes a complete inventory of boats, motors, and all necessary equipment for immediate operation. This turnkey business is ready for a new owner to continue its legacy. The property's remote location offers unparalleled peace and quiet, while its rich fishing opportunities attract a steady stream of visitors. Scheduled improvements for Spring 2025 include exterior cabin painting and new mattresses, enhancing the guest experience. This is a rare chance to acquire a well-established, profitable resort in a highly desirable location. The property's size and amenities make it ideal for expansion or continued operation as a successful fishing destination. This is a truly exceptional opportunity for an investor seeking a profitable and unique business venture in a stunning natural setting.

    Property Features for 7036 Gold Mine Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,030 SF
    Lot Size
    1,666,170 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gold Mine Camp Fishing Camp

    Map

    City
    Orr
    County
    St. Louis
    State
    Minnesota
    Longitude
    -92.60403
    Latitude
    48.24107

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Resort Business on Vermilion River
    Where is this commercial real estate located?
    The property is located at 7036 Gold Mine Rd Orr, MN.
    What is the asking price?
    The asking price for this property is $1,200,000.
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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
    7036 Gold Mine Rd Orr, MN 55771
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