Building Details

Year Built 1960

Listing Agency: Reed Realty m***@reedrealtymn.com Show Phone

Listed By: Michael Reed

Source: Crexi

Added: Jul 30, 2024 Changed: Aug 8 Last Checked: Aug 20 at 9:05AM

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Investment Insights

Based on property information with market context.

This property, currently operating as Clementson Resort, presents an investment opportunity with a main house and five cabins. The property includes a 2-bedroom main house, one 1-bedroom cabin, three 2-bedroom cabins, and one 4-bedroom cabin. Additional structures include an insulated and heated garage, and a storage building. Recent upgrades include new roofs on all buildings within the last 6 years, a new well for the main home installed in 2022, an upgraded well servicing the cabins, a new septic system servicing the cabins, an upgraded heating system, and updated insulation in the cabins. The home and cabins are currently rented on a monthly basis. The property is located at 3583 State Highway 11 SE, Baudette, MN 56623.

Key Highlights

• Established resort with main house and 5 cabins, offering immediate income potential.
• Recent major upgrades including new roofs, wells, septic system, heating, and insulation.
• Multiple rental units: 2‑bedroom main house, one 1‑bedroom cabin, three 2‑bedroom cabins, and one 4‑bedroom cabin.

Property Analytics

Property Profile

Current Use

Resorts

Suggested Use

Top Pick 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

Explore this area Business Placement

Demographics for 56623, MN

2,640

Population

2,074

Households

1.3

Avg Household Size

50

Median Age

25%

College-Educated

97%

High-School Grad

446.5 sq mi

ZIP Area

6

Density / Sq Mi

$74,000

Median Household Income

$50,000

Median Earnings

$858

Median Rent

$227,800

Median Home Value

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Frequently Asked Questions

What type of property is this?

Resort - Resort with main house and cabins, potential investment property.

Where is this resort located?

The property is located at 3583 State Highway 11 SE Baudette, MN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Established resort with main house and 5 cabins, offering immediate income potential.; Recent major upgrades including new roofs, wells, septic system, heating, and insulation.; Multiple rental units: 2‑bedroom main house, one 1‑bedroom cabin, three 2‑bedroom cabins, and one 4‑bedroom cabin.