51538 State Highway 46 Squaw Lake, MN $ 799,900
51538 State Highway 46
$ 799,900
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51538 State Highway 46

Squaw Lake, MN, 56681
$ 799,900
Bedrooms-- Baths-- Sq 2,756

Monthly Estimate*

$ 5,525

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Commercial Property for sale in Squaw Lake, MN

for $799,900. This 2,756 square foot building was built in 1985 on a lot size of 11.1.

Unique commercial investment opportunity in Squaw Lake, Minnesota! This versatile Northwoods property offers multiple buildings, lodging options, and amenities with excellent potential for a hospitality, resort, rental, or recreational-based business. The property features an established commercial laundromat, with the laundry equipment included in the sale, along with a two-story building offering hotel-style rooms and an apartment. Additional accommodations include a charming two-story log cabin and separate log cottage, creating even more opportunities for guest lodging or extended stays. Furnishings and beds are also included, providing an excellent opportunity for a new owner to step in and begin operating. Designed with outdoor enthusiasts in mind, the property includes a dedicated fish-cleaning house, a large screened gazebo with plenty of room for group gatherings, room for RVs, and outside electrical hookups. Located in the heart of Minnesota's Northwoods, the Squaw Lake area is surrounded by outstanding recreational opportunities, including numerous fishing lakes, snowmobile and ATV trails, and excellent hunting opportunities throughout the region. Want to live where you work? The home next door is also listed separately, creating a unique opportunity to purchase both properties and eliminate the commute! Live next door while operating the business or explore the possibilities of owning both the residential and commercial properties together. With multiple lodging options, an operating commercial laundry facility, RV space, outdoor gathering areas, and recreational amenities already in place, this unique property offers tremendous flexibility for an owner/operator or investor. Whether envisioned as a lodging destination, sportsman's retreat, vacation rental operation, or combination of uses, this property offers an exciting opportunity to own and operate a Northwoods business in the Squaw Lake area.

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Commercial Active

Price

$ 799,900

Property Type

Commercial

Taxes

$ 2,141

Style

Lot Size

11.1

Year Built

1985

Town/City

Squaw Lake

County/Region

Itasca

MLS | Web ID

7148322

Features
General
Sewer Tank with Drainage Field
Heating Forced Air Fireplace(s)
Cooling Ductless Mini-Split
Utilities Electric Common
Roof Age Over 8 Years Architectural Shingle Pitched
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Garage Spaces 0
Construction Materials Frame Log
Year Built 1985
Topography Level
Levels Two
Tax Year 2026
Current Use Hotel/Motel
Accessibility None
County Itasca
New Construction N
Property Type Commercial Sale
Contingency None
Possible Use Other Motel/Hotel
Directions H
City Squaw Lake
High School District Grand Rapids
Zoning Description Business/Commercial
Number Of Units Total 7
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2141
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Natural Woodwork
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Interior
Basement Wood
Basement (Y/N) N
Fuel Propane Wood
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Exterior
Parking Features Gravel Parking Lot
Water Source Drilled Well
Inclusions Building Fixture/Equipment Land
Lot Size Area 11.1
Building Area Total 2756
Lot Dimensions 0
Waterfront Y/N N
Foundation Area 2756
Road Frontage Type Other State Road
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 51538
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* Excluded Features
List By
Elite Realty Minnesota

Broker

Roger@eliterealtymn.com

Email

Affordability Calculator

$5,703
Per Month
97%
3%
0%
Monthly Principal & Interest
$5,525
Monthly Property Taxes
$178
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708396 Elementary School
708989 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$799,900 Listed Price

Map


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51538 State Highway 46, Squaw Lake, MN, 56681 is a Commercial Property for sale at $799,900 with 2,756 sqft and a lot size of 11.1. 51538 State Highway 46 was built in 1985. The property's zip code is 56681 which is in Squaw Lake, MN