$4,400,000
International Falls, MN 56649
MLS# 6470058
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
None
Allow Auto Valuation: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $4,400,000
Original List Price: 4400000
Contingency: None
ListPrice: 4400000
List Date: 2024-01-02
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
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
Foundation Size: 10318
Garage Stalls: 1
Lake/Waterfront Name: Rainy
For Sale or Lease: For Sale
Acres: 69
Lot Dimensions: 1155x1070
Assessment Pending: Yes
Location, Tax and Other Information
Legal Description: See attached
Map Page: 999
Municipality: International Falls
Rental License?: Yes
School District Phone: 218-283-2571
Map Coordinate Source: King's Street Atlas
House Number: 2170
Street Name: County Road 139
Lake Chain: N
Postal City: International Falls
County: Koochiching
State: MN
Zip Code: 56649
Zip Plus 4: 8833
DNR Lake ID#: 69069400
Property ID Number: 0703200210
DNR Lake Classification: General Development
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
Additional Parcels Information
Property ID #2: 0703224100
Property ID #3: 0703231100
Assessments
Assessment Balance: 10699
Tax With Assessments: 30878
Building Information
Building Finished SqFt: 19842
Lake Details
Lake Acres: 210200
Lake Depth: 161
Lake Name: Rainy
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27071
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 600
Public Survey Info
Range#: 22
Section#: 32
Township#: 71
Sale Options
Sale Includes: Building,Business Assets,Business,Fixture/Equipment,Land,Leases,Liquor License
Unit 1
No. of 1 Bedroom Units: 15
Unit 2
No. of 2 Bedroom Units: 5
Unit 3
No. of 3 Bedroom Units: 5
Unit Details
Total Units: 26
Unit Information
No. of Efficiency Units: 15
Property Features
Accessible: Wheelchair Ramp
Air Conditioning: Central; Wall; Window
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
Fuel: Electric
Heating: Baseboard; Fireplace; Forced Air
Lake/Waterfront: Deeded Access; Dock; Lake Front; Lake View
Loan Terms: Cash; Conventional
Location Description: Other/See Remarks
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Guest Parking; Assigned; Attached Garage; Driveway - Asphalt; Driveway - Gravel; RV Access/Parking; Unassigned
Rental License Type: Other
Sewer: City Sewer/Connected
Water: Well
Waterfront View: Bay; Harbor; Lake; Panoramic; North; East
Listing Office: Move it Real Estate Group/Lake
Last Updated: March - 20 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.