Affinity Real Estate in Park Rapids MN
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MLS 7148322
Commercial

$799,900

51506 State Highway 46
Squaw Lake MN 56681

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.

Additional Details

Year Built: 1985
Acres: 11.1 Acres
School District: 318
County: Itasca
Taxes: $2,141
Taxes with Assessments: $2,384
Tax Year: 2026
CurrentUse: Hotel/Motel

Additional Features

Basement: Wood
Fuel: Propane, Wood
Sewer: Tank with Drainage Field
Water: Drilled, Well
Air Conditioning: Ductless Mini-Split
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Roof: Age Over 8 Years, Architectural Shingle, Pitched

Listing Status

Coming Soon
2026-09-28 19:46:10 Date Listed
2026-09-28 19:46:10 Last Update
2026-09-28 19:46:10 Last Photo Update

Listed by Elite Realty Minnesota

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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Affinity Real Estate in Park Rapids MN
MAIN MENU   |   COMMERCIAL  |  7148322