151 Onion River Road, Tofte, MN 55615

Listing Agency: SVN Northco Real Estate Services

Listed By: Frank Jermusek · License MN #20587652 Show Phone

Source: Crexi

Added: Sep 30 Changed: Nov 8 Last Checked: Nov 8 at 2:57PM

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Investment Insights

Based on property information with market context.

This resort offering includes Tofte Trails and Cuyuna Cove, with guest accommodations at both properties. Tofte Trails has five cabins designed for year-round operation and sits on more than five acres, with room for future development. Cuyuna Cove comprises 10 custom-built accommodations: five seasonal bungalows and five year-round cabins, along with additional guest amenities.

Tofte Trails is in Minnesota’s North Shore region, with Lake Superior views and access to the Boundary Waters, Lutsen Mountains, Superior National Golf Course and hiking trails. Cuyuna Cove is in the Brainerd Lakes Area and has direct access to Cuyuna Country State Recreation Area, known for mountain biking trails and mine lakes.

Key Highlights

• Two resort properties offered together
• Tofte Trails includes five year‑round cabins on more than five acres
• Cuyuna Cove has 10 accommodations: five seasonal bungalows and five year‑round cabins

Property Analytics

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Open Analytics

Current Use

Tofte Trails Hotel & Motel

Suggested Use

Top Pick Restaurant Real Estate Agency Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

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Demographics for 55615, MN

282

Population

401

Households

0.7

Avg Household Size

55

Median Age

30%

College-Educated

96%

High-School Grad

189.0 sq mi

ZIP Area

1

Density / Sq Mi

$60,893

Median Household Income

$46,125

Median Earnings

$1,266

Median Rent

$235,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Frequently Asked Questions

What type of property is this?

Resort - The offering combines year-round cabins and seasonal bungalows across two resort properties.

Where is this resort located?

The property is located at 151 Onion River Road Tofte, MN.

What is the asking price?

The asking price for this property is $3,186,440.

What are key features of this property?

This property features: Two resort properties offered together; Tofte Trails includes five year‑round cabins on more than five acres; Cuyuna Cove has 10 accommodations: five seasonal bungalows and five year‑round cabins