8231 State Highway 114 Alexandria, MN 56308
- Commercial real estate
- 1 SF
- 32.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8231 State Highway 114
- Year built
- 1950
- Lot size
- 32.00 lot acres
- Property size
- 1 SF
- Property type
- Commercial real estate
Description
This exceptional 32-acre lakeside resort boasts 125 full-hookup RV sites, 11 cabins (2-5 bedrooms each with full kitchens and A/C), and a stunning 7-bedroom owner's home (3600 sq ft). Amenities include two swimming pools, a private boat launch, miniature golf, a meeting room, and a new playground. The property features approximately 1100 feet of Lake Mary frontage, offering breathtaking views and ample recreational opportunities. Most RV sites are seasonal rentals, with some available for nightly rentals, generating a lucrative income stream. All necessary equipment for resort operation is included, along with a new 40x80 shed added in 2024. Three cabins are winterized, presenting potential for year-round operation. The resort currently employs 11 part-time staff members and is situated just two hours from the Twin Cities in the desirable Alexandria lakes area. This turnkey operation presents a rare opportunity to acquire a well-established and profitable lakeside resort.
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
- Alexandria
- County
- Douglas
- State
- Minnesota
- Longitude
- -95.50412
- Latitude
- 45.81726
