474 Kawishiwi Trl Ely, MN 55731
- Investment properties
- 3.00 lot acres
Current Use by Public Records
- Pine Point Lodge / Resort Hotel
- North Country Canoe Outfitters / Canoe & Kayak Rental Service
Property Details for 474 Kawishiwi Trl
- Year built
- 1930
- Lot size
- 3.00 lot acres
- Property type
- Investment properties
Description
This exceptional business opportunity presents a well-established, turn-key outfitting operation situated on the picturesque shores of White Iron Lake in Ely, Minnesota. Established in 1984, this profitable venture specializes in customized canoe trips into the Boundary Waters Canoe Area Wilderness (BWCAW) and Quetico Provincial Park in Canada. The property encompasses approximately three acres with over 650 feet of stunning shoreline, providing direct access to the BWCAW. The expansive facility includes a two-bedroom owner's residence, a dedicated office, a gift shop, an equipment building, a food packaging area, a workshop, shower houses and baths, private dorm-style and motel accommodations, and six lakeside resort cabins. The business boasts a strong track record of success, having led thousands of groups on unforgettable canoe adventures for over 40 years. Its meticulously crafted operational strategies, including a comprehensive marketing plan and a focus on client satisfaction, ensure consistent repeat business. This unique opportunity allows the new owner to seamlessly continue a legacy of providing exceptional outdoor experiences while enjoying the beauty and tranquility of the BWCAW, a vast wilderness area encompassing over one million acres of pristine forests and countless glacial lakes within the Superior National Forest. The business is offered at $3,300,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ely
- County
- Lake County
- State
- Minnesota
- Longitude
- -91.7536
- Latitude
- 47.9022