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820 Oak Rd Oak Island, MN 56741

Sponsored
For Sale
$2,389,000

Turn-key resort, 30 acres, Lake of the Woods.

Description

Added:
Dec 11, 2024
Days on Market:
392
Exceptional opportunity to acquire a well-established, family-owned resort on Minnesota's scenic Lake of the Woods. Priced at $2,389,000, this turn-key operation boasts 30 acres of land and 1400 feet of pristine shoreline on popular Oak Island. Established for over 75 years, this historic resort accommodates over 44 guests and operates 10 months annually. The property includes four condos, four villas, and extensive staff and owner housing. Amenities are extensive and include a restaurant, bar, dock system, post office, fish cleaning house, shop, fish houses, boats, and Bombardier vehicles. This prime location in a renowned fishing and exploration area offers year-round recreational opportunities and breathtaking views. The resort's infrastructure is well-maintained and ready for immediate operation, presenting a lucrative business opportunity and a unique lifestyle change for the right buyer. Built in 1968, this property is situated at 820 Oak, Oak Island, MN 56741. The lot size is not specified. Further details are available upon request.

Property Features for 820 Oak Rd

General Information

Property type
Hotels

Building Details

Year Built
1968

HighLights

  • $2,389,000 asking price.
  • Turn‑key resort on 30 acres with 1400 feet of shoreline on Oak Island, Lake of the Woods, Minnesota.
  • Established resort operating 10 months annually, accommodating 44+ guests.
  • Features include condos, villas, staff & owner housing, restaurant, bar, dock system, and more.
  • Located in a prime fishing and recreation area.
Property Profile Location Intelligence

Current Use by Public Records

Hotels

Suggested Use

Spa & Massage Hair Salon Nail Salon Storage Facility Travel Agency

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

Location Insight

  • Map
  • Local Demand
City
Oak Island
County
Lake of the Woods
State
Minnesota
Longitude
-94.8482783
Latitude
49.3095251

FAQs

What type of property is this?
Hotel - Turn-key resort, 30 acres, Lake of the Woods.
Where is this hotel located?
The property is located at 820 Oak Rd Oak Island, MN.
What is the asking price?
The asking price for this property is $2,389,000.
What are key features of this property?
This property features: $2,389,000 asking price.; Turn-key resort on 30 acres with 1400 feet of shoreline on Oak Island, Lake of the Woods, Minnesota.; Established resort operating 10 months annually, accommodating 44+ guests.
More about this property
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