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Property Details

2170 County Road 139
International Falls, MN 56649

Price: $4,400,000

Listing # 6470058


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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!

Basic Features:

Style Resort
Type Commercial Sale
Zoning Business/Commercial,Shoreline
Year Built 1937
School District International Falls
County Koochiching
Lot Size 1155x1070
Acreage 69 acres
Garage 1 Car
Number of Units 26
Lake Name Rainy
Lake Depth 161 ft
Water Frontage 1,100 ft
Tax $ / Year $20,179 / 2023

Includes:

Building,Business Assets,Business,Fixture/Equipment,Land,Leases,Liquor License,

Additional Features
Section 32
Cooling Central Air,Wall Unit(s),Window Unit(s)
Exterior Features Wood Siding
Foundation 10318
Fuel Source Electric
Handicap Access Wheelchair Ramp(s)
Heating Baseboard,Forced Air,Fireplace(s)
Sewer Service City Sewer/Connected
Water Service Well
Parking Lot Assigned,Attached Garage,Gravel,Asphalt,Guest Parking,RV Access/Parking,Unassigned
Utilities Electric Common,Heating Common,Hot Water Common
Laundry N

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