USAMNFederal DamOriginal2 4Th St Avenue E

2 4th St Avenue E, Federal Dam, MN

Name: 2 4th St Avenue E, For Sale in Federal Dam - Zoocasa
Brand: real broker, llc
SKU: 7025486
Price: 325000 USD

House

For Sale

Listed price in listed location currency (USD).

$325,000

330

MLS® 7025486

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 672 sqft

Garage Yes

Taxes $492

Days Active 0

Lot Size

Approx. Age 1950

Avg. Price Per Sqft $483

MLS® Number 7025486

Property Address: 2 4th St Avenue E, Federal Dam, MN, 56641

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® Number7025486

Laundry LevelCommon Area, Laundry Room, Main Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1950

BasementCrawl Space

DrivewayAttached Garage, Concrete

Garage Spaces2

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Kitchen:Main FloorNot available

Other:Main FloorNot available

Living Room:Main FloorNot available

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 23, 2026List Date

$325,000List Price

Map

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