8450 Vermilion DR Active

Beatty Twp,MN 55723

$ 2795000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Resort

Listing Status Active

Purchase Type For Sale

Subdivision Beatty Town Of

MLS Listing ID 6578007

Year Built 1960

Annual Tax Amount $3,892

Tax Year 2023

Contingent None

Lot Size 88.000 Acres

Acres 88.0

Lot Dimensions Irregular

Property Description

This private resort captures a serene wilderness setting with 5 charming cabins on ±88 acres and ±3,000 feet of shoreline on the most remote automobile-accessible area of Lake Vermilion. The Property offers several activities and amenities including paddle boats, kayaks, canoes, a sauna, a 2-mile-long driveway for biking or jogging, and much more.  Significant additional development potential exists given the fact that the Property is situated on ±88 acres. This property is located in an opportunity zone. 

The Property is located on Black Bay on Lake Vermillion in the heart of Minnesota's Arrowhead Region; a mere 17 miles northeast of Cook, MN, 40 miles north of Virginia, MN, 110 miles north of Duluth, and just 240 miles north of the Twin Cities Metropolitan Area.

Location

State MN

County St. Louis

Zoning Business/Commercial,Other

Body of Water Vermilion

Interior

Heating Baseboard

Cooling Wall Unit(s)

Inclusions Building,Business Assets,Business,Fixture/Equipment,Inventory

Fireplace No

Exterior

Garage Open

Utilities Available Electric Separate,Heating Separate

Waterfront true

Waterfront Description Lake Front

View Y/N Bay

View Bay

Present Use Commercial,Other,Resort

Building

Foundation 4720

Sewer Septic System Compliant - Yes

Water Well

Structure Type Log Siding,Wood Siding

Schools

School District St. Louis County

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