Development Level: Built
River Edge Resort: This unique location creates the possibility of two business in one the Hwy #664 which crosses a bridge by the resort divides the property with rental units on both sides with waterfront locations. Both access Vermilion Lake and both are in pristine condition.
There are a total of eight cabin units, each with full baths, each with decks, attractive fully equipped kitchens and private bedrooms, that sleep 37 guests.
Out buildings include a large steel work shop and service unit 40 x 60 ft, 2 fish cleaning units, 2 log cabins not utilized and a 40 x 50 ft. lodge under renovations as a residence.
The owner's residence presently a mobile home with 2 bedrooms full bath and the office. A second mobile unit is a rental with similar facility.
All service equipment, 2 septics and 2 water systems, dockage and workshop are approved and in above average condition. The three cabins, mobile units and workshop are winterized.
Vermilion Lake is a pristine clear water lake ideal for Muskie, Bass, Northern and Trout. Approximately 15 mins away is a public access to Lac Seul for the avid walleye fisherman. It is a twenty minute drive to the town of Sioux Lookout. Well managed and the income will surprise most investors.
Asking Price: $850,000.00
Information is deemed to be correct but not guaranteed.
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