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Mixed-Use Lodging Property

51538 State Highway 46, Squaw Lake, MN 56681

For Sale
$799,900

The property combines lodging buildings with a commercial laundromat and outdoor guest amenities.

Property Size2,756 SF
Price / SF$290.24
Days on Market38

Property Features for 51538 State Highway 46

General Information

Standard status Active
Size 2,756 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Business Included Yes
Currently Operating Yes

Taxes and HOA fees

Annual Taxes $2,141

Amenities

commercial laundromat
fish-cleaning house
large screened gazebo
RV parking
outside electrical hookups

Building Details

Building Size 2,756 SF
Year Built 1985
Stories 2
Units 7
Listing Agency: Elite Realty Minnesota
Listed By: Roger Anderson
Source: Driveresultsrealty
Added: Oct 2 Changed: Nov 7 Last Checked: Nov 7 at 6:29PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Realty Minnesota

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property in Squaw Lake includes a two-story building with hotel-style rooms and an apartment, a two-story log cabin, and a separate log cottage. A commercial laundromat is part of the property, with its equipment included. Beds and furnishings are also included. Outdoor features include a fish-cleaning house, a screened gazebo, space for RVs, and exterior electrical hookups.

The Squaw Lake area offers access to fishing lakes, snowmobile and ATV trails, and hunting opportunities. The property is zoned Business/Commercial.

Key Highlights

  • Commercial laundromat with equipment included
  • Two‑story building with hotel‑style rooms and an apartment
  • Separate two‑story log cabin and log cottage

Property Analytics

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Current Use

Motels

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 56681, MN

271
Population
249
Households
1.1
Avg Household Size
54
Median Age
13%
College-Educated
87%
High-School Grad
161.4 sq mi
ZIP Area
2
Density / Sq Mi
$54,375
Median Household Income
$21,786
Median Earnings
$498
Median Rent
$177,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines lodging buildings with a commercial laundromat and outdoor guest amenities.
Where is this mixed-use property located?
The property is located at 51538 State Highway 46 Squaw Lake, MN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Commercial laundromat with equipment included; Two‑story building with hotel‑style rooms and an apartment; Separate two‑story log cabin and log cottage
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