Turn-Key Year Round Northwest Angle Lake of the Woods, MN Resort For Sale

This turn-key, family-owned resort operates 10 months a year, nestled in a protected bay on the popular Oak Island, Lake of the Woods. Spanning 30 acres with 1,400 feet of pristine shoreline, this historic resort has been a beloved destination for over 75 years. This opportunity is ideal for a family seeking a lifestyle change and a lucrative business opportunity.

The resort accommodates over 44+ guests. Guest lodging accommodations include 4 condos, 4 villas, staff, and owner housing. Additionally, there is a restaurant, a bar, a dock system, a post office, a fish cleaning house, a shop, fish houses, boats, Bombardiers, and more. The resort is located in a renowned fishing and exploration area, with guests able to enjoy year-round activities including full-service ice fishing, walking, and snowmobiling trails amidst breathtaking views. The agent is an owner.

The lodge is a single-story, 2,032 sf building with lodging capacity for 44+ people. It houses a full-service restaurant and bar, commercial kitchen, on and off sale liquor license, gift shop, pool table, ATM, and jukebox.

Turn-key property with both summer and winter fishing operations. A 3,150' x 172' private/public gravel-based grass airplane landing strip is located on the mainland, 9 miles away.

^* The source listing's chattels list contains a garbled entry — "LP Tank Filler 250 gallon & 500570′ Feet Dock Space" — which appears to combine an LP tank figure with a duplicate dock-footage reference already stated in Buildings & Site Improvements. Reproduced here as two separate line items rather than guessed at; worth confirming the exact LP tank capacities with the listing agent before publishing.

Sportsman's Oak Island Lodge is located in Minnesota, situated right along the U.S./Canadian border. Oak Island is surrounded by water and wildlife and sits in Bobby's Bay — close enough to the border that Canada is visible from the dock. The resort occupies what the listing describes as the best bay in the area for safe harbor and float planes, on 30.8 acres, and is described as the best commercial property location on the Minnesota side of the lake.

Nestled into Bobby's Bay in Minnesota, the resort offers access to fish and explore both the Minnesota and Canadian sides of the lake.

Lake of the Woods is home to many fish species, including walleye — the lake is known as the Walleye Capital of the World — plus one of the top 3 lakes in Minnesota for trophy northern pike, along with sauger, lake sturgeon, muskie, yellow perch, crappie, smallmouth bass, largemouth bass, burbot, and tullibee.

The Minnesota DNR has reported that Lake of the Woods is a very healthy and stable fishery. The lake stretches 85 miles long and 56 miles wide, with over 65,000 miles of shoreline including island shoreline — larger than Lake Superior — and 14,552 islands, spanning Ontario, Manitoba, and Minnesota. At its deepest point, the lake reaches 310 feet.

Under Canadian law passed by the Canadian Senate and House of Commons, American boaters who do not anchor their boat or step foot on Canadian soil are not required to report to Canadian Customs.

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