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4296 Arrowhead Point Road, Tower, MN 55790

$1,495,000
Commercial Property MLS# 132272 ID: 45808762
$1,495,000 Get Rates

Gruben's Marian & Village
Growing marina and cabin rental business centrally located on Lake Vermilion in northern Minnesota. The business was established in the early 1930's and has experienced a resurgence with the ownership change in 2014. The new ownership group has upgraded much of the infrastructure and has seen steady revenue growth as a result. The property includes 8 acres, approximately 1100 ft of lakeshore, docks with 60+ slips, general store, bottle shop, bait, fuel, boat/engine repair, and year-round boat storage. Also included are 5 rental cabins (4 are 4-season), all of which have been refurbished since 2014. Two pole buildings offer over 12,000 SQFT of space for long & short term boat storage. The nearly 2000 SQFT historic building offers possibilities for restaurant development for sale or lease.

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Location Information near 4296 Arrowhead Point Road
Offered by Tim Lillquist at Coldwell Banker Properties North

Would you like more information regarding this property?
Please call (218) 749-8222.

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Property Features for 4296 Arrowhead Point Road
Status
Market Status
Available
Last Updated
August 17, 2017
Description
Property Type
Commercial Property
Architecture
Waterfront
Approx. Lot Size
8 Acres

Building Features

  • Cooling System: Window Unit(s) A/C
  • Central Air
  • Heating Fuel: Electric

Exterior Features

  • Dock

Legal/Financial

  • Taxes: 9680

Listing Features

  • Property Type: Commercial; Commercial-Other

Lot Features

  • Waterfront
  • Tim Lillquist
  • Coldwell Banker Properties North

Data Provided by:
Coldwell Banker

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More information about this $1,495,000 Commercial Property at 4296 Arrowhead Point Road

This $1,495,000 Commercial Property at 4296 Arrowhead Point Road in Tower, MN is presented by Tim Lillquist. This $1,495,000 Commercial Property, located in the 55790 zip code, has the following property features: Central Air, Heating Fuel, Cooling System, Property Type. This 4296 Arrowhead Point Road Commercial Property, located in Saint Louis County , is listed under MLS listing number 132272 and has a listing price of $1,495,000. You can find more TOWER homes for sale here.