8335 Us Highway 169, Garrison, MN 56450
This expansive 22+ acre property, located at 8335 US Highway 169 in Garrison, Minnesota, presents a unique investment opportunity. The site boasts over 700 feet of seller-owned lakeshore frontage, offering exceptional recreational potential. Previously operating as a resort, the property included a two-bedroom home, a cafe/game room, and seven rental cabins. While vacant since 2007, existing infrastructure includes city sewer with two hookups, and electricity is connected to the property. A well is also present on the site, although it hasn't been used since 2007. The property's amenities previously included fishing boats for rent, a boat launch suitable for group fishing excursions, and ice fishing houses. The "as is" sale presents a blank canvas for various development possibilities. Imagine transforming this location into a much-needed RV park, a revitalized resort, or a private family compound. The substantial acreage and prime lakeshore location offer significant upside for the right buyer. This is a rare opportunity to acquire a large parcel of lakeside land with existing infrastructure in a desirable Minnesota location. The property is priced at $449,000. The square footage of the existing structures is listed as 1 square foot, however, this is likely an error in the original listing and should be verified independently.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.