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    3583 State Highway 11 Baudette, MN 56623

    Sponsored
    For Sale
    $350,000

    Established Resort w/ 5 Cabins & Main House

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a fully operational resort nestled in Baudette, Minnesota, at 3583 State Highway 11 SE. The property encompasses a generous 55,321.2 square feet of land and features a charming main house with two bedrooms, along with five additional cabins offering a mix of one, two, and four bedrooms. The main house and cabins are currently generating monthly rental income. Built in 1960, the property has undergone significant recent upgrades, enhancing its value and appeal. These improvements include new roofs installed within the last six years, a new well for the main house in 2022, an upgraded well servicing the cabins, a new septic system for the cabins, an updated heating system, and improved insulation throughout the cabins. The property also includes a heated and insulated garage and a separate storage building, providing ample space for equipment and supplies. Financial information is available upon request, subject to proof of funds or lender-approved financing. This turnkey resort presents a unique opportunity for a savvy investor seeking a profitable venture in a desirable location. The property's strong rental history, coupled with the recent renovations, positions it for continued success and potential growth. Serious inquiries only.

    Property Features for 3583 State Highway 11

    General Information

    Property type
    Hotels

    Building Details

    Year Built
    1960

    HighLights

    • Fully operational resort in Baudette, MN, on 55,321.2 sq ft lot.
    • Main house (2 bedrooms) plus five cabins (mix of 1, 2, & 4 bedrooms) generating monthly rental income.
    • Recent upgrades include new roofs (past 6 years), new main house well (2022), upgraded cabin well & septic, updated heating, and improved cabin insulation.
    • Heated/insulated garage and separate storage building included.
    • Financial details available upon request with proof of funds or lender pre‑approval.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Baudette
    County
    Lake of the Woods
    State
    Minnesota
    Longitude
    -94.4370951
    Latitude
    48.6904184

    Nearby Comparable

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      newer cosmetic updates and mulitple rooms for equipent setup. \""Finess On Main\"" currently has 150 members

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      206 Main Ave, Baudette, MN 56623
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      this near 10

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    Nearby Similar for Sale

    • $1,000,000
      9,600 SF

      this near 10

      000 square foot retail sporting goods shop is located in West Baudette on Hwy. 11
      409 Main St, Baudette, MN 56623
      View Details
    • $139,900
      2,300 SF

      newer cosmetic updates and mulitple rooms for equipent setup. \""Finess On Main\"" currently has 150 members

      all newer equipment (with full free weight set-up) and stand up tanning bed. A turn-key business opportunity for any entrepreneur. Sale includes business and equipment only. Discount offered for initial lease term.""""}"""
      206 Main Ave, Baudette, MN 56623
      View Details

    FAQs

    What type of property is this?
    Hotel - Established Resort w/ 5 Cabins & Main House
    Where is this hotel located?
    The property is located at 3583 State Highway 11 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: Fully operational resort in Baudette, MN, on 55,321.2 sq ft lot.; Main house (2 bedrooms) plus five cabins (mix of 1, 2, & 4 bedrooms) generating monthly rental income.; Recent upgrades include new roofs (past 6 years), new main house well (2022), upgraded cabin well & septic, updated heating, and improved cabin insulation.
    Request Owner's contact information
    3583 State Highway 11 Baudette, MN 56623
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    Baudette, MN 56623
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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
    3583 State Highway 11 Baudette, MN 56623
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