$3,208,000
International Falls, MN 56649
MLS# 6470058
Status: Closed
44 beds | 29 baths

1 / 34
Property Description
Wikipedia reports that the shared Minnesota/Ontario border water of Rainy Lake (Ojibwe: gojiji-zaaga'igan) has a vast surface area of 360 square miles, 2,568 islands,1570 miles of extremely fishy shoreline and is so serene that it is home to Minnesota's Voyageurs National Park! One thing Wikipedia doesn't mention is that Thunderbird Lodge, the only full service year round resort on either side of the lake is now for sale! Sitting on 69 acres with approximately 1200' of waterfront and with newly added municipal sewer this iconic business is primed for expansion by adding more cabins, RV/Campsites and more! Currently the 15 deluxe lodgerooms,10 cabins and a rental house will sleep 125 guests.The welcoming lakeside bar seats 60 (add 40 with the summer deck) while the dining room will accommodate 70 and the private banquet room 130. There are 100 boat slips and plenty of room to add more! Rental boats, snowmobiles are available if you don't have your own to explore this amazing wilderness!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2025-06-30
Current Price: $3,208,000
Closed Date: 2025-07-11
Sales Close Price: 3208000
Contingency: None
ListPrice: 3650000
List Date: 2024-01-02
Office/Member Info
Association: SPAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 50
Owner Occupied: No
Waterfront Frontage: 1100
Waterfront Present: Yes
Year Built: 1937
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Shoreline
Lot Dimensions: 1155x1070
Acres: 69
Lake/Waterfront Name: Rainy
Foundation Size: 10318
Garage Stalls: 1
For Sale or Lease: For Sale
Bedrooms: 44
Baths Total: 29
Location, Tax and Other Information
Legal Description: See attached
Listing City: International Falls
Map Page: 999
Municipality: International Falls
Rental License?: Yes
School District: International Falls
School District Phone: 218-283-2571
DNR Lake ID#: 69069400
DNR Lake Classification: General Development
Lake Chain: N
Zip Plus 4: 8833
Property ID Number: 0703200210
Tax Year: 2023
Tax Amount: 20179
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Wikipedia reports that the shared Minnesota/Ontario border water of Rainy Lake (Ojibwe: gojiji-zaaga'igan) has a vast surface area of 360 square miles, 2,568 islands,1570 miles of extremely fishy shoreline and is so serene that it is home to Minnesota's Voyageurs National Park! One thing Wikipedia doesn't mention is that Thunderbird Lodge, the only full service year round resort on either side of the lake is now for sale! Sitting on 69 acres with approximately 1200' of waterfront and with newly added municipal sewer this iconic business is primed for expansion by adding more cabins, RV/Campsites and more! Currently the 15 deluxe lodgerooms,10 cabins and a rental house will sleep 125 guests.The welcoming lakeside bar seats 60
(add 40 with the summer deck) while the dining room will accommodate 70 and the private banquet room 130. There are 100 boat slips and plenty of room to add more! Rental boats, snowmobiles are available if you don't have your own to explore this amazing wilderness!
Directions: 10 miles East on Int'l Falls on Hwy 11. Take left on County Road 139
Accessible
Wheelchair Ramp: 1
Additional Parcels Information
Property ID #2: 0703224100
Property ID #3: 0703231100,0703232100
Air Conditioning
Central Air: 1
Wall Unit(s): 1
Window Unit(s): 1
Amenities Shared
Beach: 1
Boat Slip: 1
Deck: 1
Dock: 1
Assessments
Assessment Balance: 10699
Tax With Assessments: 30878
Building Information
Building Finished SqFt: 19842
Construction Status
Previously Owned: 1
Elevation Highpoint to Waterfront Slope
Gradual: 1
Exterior
Wood: 1
Fencing
None: 1
Financing Terms
Conventional: 1
Foundation
Other: 1
Fuel
Electric: 1
Heating
Baseboard: 1
Forced Air: 1
Lake Details
Lake Acres: 210200
Lake Depth: 161
Lake/Waterfront
Deeded Access: 1
Dock: 1
Lake Front: 1
Lake View: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 600
Assigned: 1
RV Access/Parking: 1
Unassigned: 1
Public Survey Info
Range#: 22
Section#: 32
Township#: 71
Rental License Type
Other: 1
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land, Leases, Liquor License
Sewer
City Sewer/Connected: 1
Unit 1
Leased?: No
Level: Main Level
Unit Number: 101
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 250
No. of 1 Bedroom Units: 15
Unit Details
Total Units: 26
Water
Well: 1
Waterfront View
Bay: 1
Harbor: 1
Lake: 1
Panoramic: 1
North: 1
East: 1
Unit 2
Leased?: No
Level: Main Level
No. of 2 Bedroom Units: 5
Unit Number: 102
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 250
Unit 3
Leased?: No
Level: 2nd Level
No. of 3 Bedroom Units: 5
Unit Number: 201
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 250
Unit 4
Leased?: No
Level: 2nd Level
Unit Number: 202
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 285
Unit 5
Leased?: No
Level: 2nd Level
Unit Number: 203
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 250
Unit 6
Leased?: No
Level: 2nd Level
Unit Number: 204
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 285
Unit 7
Leased?: No
Level: 2nd Level
Unit Number: 205
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Total SqFt: 200
On Site Utilities
Electric Common: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Resort: 1
Commercial Kitchen Appliances
Cookware/Utensils: 1
Dishwasher: 1
Flat Top: 1
Freezer: 1
Fryer: 1
Grill: 1
Ice Machine: 1
Other: 1
Oven: 1
Pre-Piped Fire Suppression System: 1
Prep Station: 1
Refrigerator: 1
Shelving and Racks: 1
Walk-In Cooler/Freezer: 1
Current Use
Commercial: 1
Event Space: 1
Food Service: 1
Recreational: 1
Residential: 1
Resort: 1
Tavern/Lounge: 1
Loan Terms
Cash: 1
Conventional: 1
Location Description
Other/See Remarks: 1
Unit 10
Full Baths: 1
Leased?: No
Level: 2nd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 208
Unit Total SqFt: 200
Unit 11
Full Baths: 1
Leased?: No
Level: 3rd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 301
Unit Total SqFt: 250
Unit 12
Full Baths: 1
Leased?: No
Level: 3rd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 302
Unit Total SqFt: 285
Unit 13
Full Baths: 1
Leased?: No
Level: 3rd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 303
Unit Total SqFt: 285
Unit 14
Full Baths: 1
Leased?: No
Level: 3rd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 304
Unit Total SqFt: 285
Unit 15
Full Baths: 1
Leased?: No
Level: 3rd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 305
Unit Total SqFt: 200
Unit 8
Full Baths: 1
Leased?: No
Level: 2nd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 206
Unit Total SqFt: 200
Unit 9
Full Baths: 1
Leased?: No
Level: 2nd Level
Total Bathrooms: 1
Total Bedrooms: 1
Total Rooms: 1
Unit Number: 207
Unit Total SqFt: 200
Unit Information
No. of Efficiency Units: 15
Location Tax and Other Information
House Number: 2170
Street Name: County Road 139
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Property Features
Accessible: Wheelchair Ramp
Air Conditioning: Central Air; Wall Unit(s); Window Unit(s)
Amenities Shared: Beach; Boat Slip; Deck; Dock
CMU Style: Resort
Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Other; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer
Construction Status: Previously Owned
Current Use: Commercial; Event Space; Food Service; Recreational; Residential; Resort; Tavern/Lounge
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Wood
Fencing: None
Financing Terms: Conventional
Foundation: Other
Fuel: Electric
Heating: Baseboard; Forced Air
Loan Terms: Cash; Conventional
Location Description: Other/See Remarks
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Assigned; RV Access/Parking; Unassigned
Rental License Type: Other
Sewer: City Sewer/Connected
Unit 15: Total Bathrooms
Water: Well
Waterfront View: Bay; Harbor; Lake; Panoramic; North; East
Listing Office: Move it Real Estate Group/Lake
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
