51538 State Highway 46, Squaw Lake, MN

$799,900

2,756

Square feet

11.10

Acres

About 51538 State Highway 46

Unique commercial investment opportunity in Squaw Lake, Minnesota! This versatile Northwoods property offers multiple buildings, lodging options, and amenities with excellent potential for a hospitality, resort, rental, or recreational-based business. The property features an established commercial laundromat, with the laundry equipment included in the sale, along with a two-story building offering hotel-style rooms and an apartment. Additional accommodations include a charming two-story log cabin and separate log cottage, creating even more opportunities for guest lodging or extended stays. Furnishings and beds are also included, providing an excellent opportunity for a new owner to step in and begin operating. Designed with outdoor enthusiasts in mind, the property includes a dedicated fish-cleaning house, a large screened gazebo with plenty of room for group gatherings, room for RVs, and outside electrical hookups. Located in the heart of Minnesota's Northwoods, the Squaw Lake area is surrounded by outstanding recreational opportunities, including numerous fishing lakes, snowmobile and ATV trails, and excellent hunting opportunities throughout the region. Want to live where you work? The home next door is also listed separately, creating a unique opportunity to purchase both properties and eliminate the commute! Live next door while operating the business or explore the possibilities of owning both the residential and commercial properties together. With multiple lodging options, an operating commercial laundry facility, RV space, outdoor gathering areas, and recreational amenities already in place, this unique property offers tremendous flexibility for an owner/operator or investor. Whether envisioned as a lodging destination, sportsman's retreat, vacation rental operation, or combination of uses, this property offers an exciting opportunity to own and operate a Northwoods business in the Squaw Lake area.

Features of 51538 State Highway 46

MLS® # 7148322
Price $799,900
Square Footage 2,756
Acres 11.10
Year Built 1985
Type Commercial
Status Active

Community Information

Address 51538 State Highway 46
City Squaw Lake
County Itasca
State MN
Zip Code 56681

Amenities

Utilities Electric Common
Parking Gravel, Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Heating Forced Air, Fireplace(s)
Cooling Ductless Mini-Split
Fireplace No
Has Basement Yes
Basement Wood

Exterior

Exterior Features Cedar, Log
Roof Age Over 8 Years, Architectural Shingle, Pitched
Construction Frame, Log

School Information

District Grand Rapids

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $2,141
Tax Year 2026
Office Elite Realty Minnesota

Listing Details

OfficeElite Realty Minnesota

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