$2,250,000
2279 Grant McMahan Blvd, Ely, MN 55731
0 Beds
0 Baths
n/a SqFt

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WELL MAINTAINED FULL SERVICE BWCA AREA RESORT with BOOKS THAT SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1,015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market. Turn key opportunity to own your own popular business on a popular lake!
  • Price:
  • $2,250,000
  • Acreage:
  • 10.73
  • Year Built:
  • 2013
  • Listing ID #:
  • 6104129
  • Street Address:
  • 2279 Grant McMahan Blvd
  • City:
  • Ely
  • State:
  • Minnesota
  • Postal Code:
  • 55731
  • County:
  • St. Louis
  • Community:
  • Ely
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
School District: Ely #696
  • Ceiling Height:
  • Varied Heights
  • Construction Type:
  • Frame/Wood
  • Exterior Features:
  • Wood
  • Stories:
  • 1
  • Type Of Roof:
  • Metal
  • Year Built:
  • 2013
  • Road Frontage:
  • County
  • Section:
  • 19
  • Days On Market:
  • 90
  • For Sale Or Lease?:
  • For Sale
  • Included In Sale:
  • Building, Business
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 321.43
  • Property Taxes:
  • $4,180
  • Tax Year:
  • 2022
  • Cooling System:
  • Window
  • Existing Water:
  • Private
  • Heating:
  • Forced Air, Propane, Electric
  • Sewage Type:
  • Private
  • Water Name:
  • Shagawa
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Inland Lake
  • Waterfront Footage:
  • 1015
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lisa Janisch of Janisch Realty Inc.
  • Copyright 2020 – Lake Superior Area REALTORS® MLS – All Rights Reserved DULUTHMN