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2 4th Avenue E

Federal Dam, MN 56641
  • $325,000
  • STATUS: Active
  • ON SITE: 78 Days
  • ID#: 7025484
$325,000
  • 0
    BEDS
  • 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 672
    SQFT
  • $484
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

NorthstarMLS] logo Listing courtesy of Real Broker,LLC.

Description

This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings, new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!

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IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

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2 4th Avenue E Federal Dam, MN 56641

  • Price: $325,000
  • Status: Active
  • On Site: 78 Days
  • ID#: 7025484
0
Beds
0
Baths
0
½ Baths
0.5
Acres
672
SQFT
$484
$/SQFT
1950
Built
Neighborhood:
Original
County:
Cass
School District:
118 - Northland Community School
Property Description
This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings, new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!
Exterior Features

Construction Materials Frame Fencing Partial Foundation Area 672 Garage Dimensions 24x40 Garage Door Height 9 Garage Door Width 8 Garage Square Feet 960 Levels One Lot Features Corner LotTree Coverage - Light Lot Size Dimensions 120x200 Parking Features Attached GarageGravel Road Frontage Type Paved Streets Roof Age 8 Years or LessAsphaltMetal Topography Level

Interior Features

Amenities Unit Ceiling Fan(s)DeckKitchen WindowMain Floor Primary BedroomNatural Woodwork Appliances DishwasherDryerExhaust FanMicrowaveRangeRefrigeratorWasher Basement Crawl Space Cooling Ductless Mini-Split Heating Ductless Mini-SplitForced Air Refrigerator Num Four

Property Features

Accessibility Features No Stairs Internal Additional Parcels YN No Assessment Pending No Contingency None Current Use CommercialRecreationalResidentialResortRetail Foreclosure Status No Fractional Ownership YN No Fuel ElectricPropane Inclusions BuildingBusiness AssetsBusinessFixture/EquipmentInventoryLandOther Land Lease YN No Lender Owned No New Construction YN No Pool Features None Postal City Federal Dam Potential Short Sale No Present Use Yearly Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 492 Tax With Assessments 642 Tax Year 2025 Utilities Electric SeparateHeating Separate Water Source 4-Inch SubmersibleDrilledPrivateWell Zoning Description Business/CommercialResidential-Single Family

NorthstarMLS] logo © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Real Broker,LLC: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than V&CO | Keller Williams Integrity Edina are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. V&CO | Keller Williams Integrity Edina is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of V&CO | Keller Williams Integrity Edina, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2026-05-13T00:21:53.797.

Click here for Digital Millennium Copyright Act
 
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V&CO | Keller Williams Integrity Edina
7401 Metro Blvd. #350
Edina MN, 55439
NorthstarMLS] logo Listing courtesy of Real Broker,LLC.