Property Details

2279 Grant McMahan Blvd
Ely, Minnesota MN 55731
Price: $2,250,000
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Listing ID: 143773
Status: Active
SqFt: 7,000 Sq Ft
Year Built: 2013

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!

Primary Features

Area: Ely/Winton
Business/Real Estate: Business & Real Estate
Construction: Wood Frame
Cooling: Window Unit
County: Saint Louis
Exterior: Wood
Heat: Electric, Gas, Forced Air
Parking: Gravel
Property Name: Ladybug Lodge
Property Type: Commercial
Type Of Business: Resort
Year Built: 2013
Zoning: SMU-1

Location Information

Address: 2279 Grant McMahan Blvd
Range: 12
Section: 19
Township: 63

Interior Features

Basement: Block, Crawl, Partial
Main SqFt: 7000
Total SqFt: 7000

External Features

Irregular Lot Size: yes
Lot Size Length: 1017
Lot Size Width: 1015
Road Frontage: County Highway
Roof: Metal


Parcel Code Number: 465-0020-02696
Property Sub Type: Commercial
Utilities: Electric, Gas, Septic Tank, Water Well

Lake Information

Waterfront Name: Shagawa
Waterfront: 1 - Lake
DNR Lake ID: 69006900

Zoning Info

©2023 Range Multiple Listing Service. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the the Range Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Range Board of REALTORS® are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker. Listing courtesy of Janisch Realty Inc.

Contact - Listing ID 143773

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Northwoods Land Office

407 Main St
Tower, MN 55790
Phone: 218-753-2300
Phone Alt: 218-290-3619
Fax: 218-753-2299

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