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Listed price in listed location currency (USD).
$350,000

330

MLS® 6790165

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 672 sqft
Garage Yes
Taxes $492
Days Active 67
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $520
MLS® Number 6790165

Property Address: 2 4th Ave E, Federal Dam, MN, 56641-6752

Average square foot calculated using Size range provided by listing agent.

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 (garage to be completed within the next few weeks), 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!
MLS® Number6790165
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
BasementCrawl Space
DrivewayAttached Garage, Concrete
Garage Spaces2
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main FloorNot available
Living Room:Main FloorNot available
Kitchen:Main FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2025List Date
$350,000List Price
-End Date
Not Sold YetSold Price

For Sale

Sep 3, 2025List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
2 4 Th Ave E, Federal Dam, MN

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