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38274 County Highway 44
Richville, MN 56576
Sunset Bay Resort · Hospitality Property For Sale · 9,858 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 16.49 AC
Building Size 9,858 SF
No. Stories 1
Year Built/Renovated 1955/2020
Corridor Exterior
Zoning Waterfront Commercial

Amenities

  • Patio
  • Marina
  • Beach (direct access)
  • Fully-Equipped Kitchen
  • Multi-Room Suites

About 38274 COUNTY HIGHWAY 44 , RICHVILLE, MN 56576

Located in famous Otter Tail Lakes Country, Sunset Bay Resort is a traditional family resort. It offers both cabin rental and camping. This beautiful property has 550 feet of sandy shoreline and 15 acres of nicely wooded grounds. It gets it’s name because of it’s sunset views! The current owners have pride in ownership. They have spent their years regularly updating and improving the resort and guest experience, which has resulted in a strong repeat business of satisfied guests. The resort has steady revenue growth and an attractive cash flow with room for additional income growth. Onsite boat launch, game room, fish cleaning house, guest laundry, shower house, small store, ample storage and a spectacular swimming beach compliment the operation. Home to several other family resorts, Dead Lake spans over 7,900 acres with depths over 60 feet. The lake enjoys a reputation as one of the best all-around fishing lakes in Otter Tail County. It is known as one of the best lakes for fall fishing in the area. It also offers duck hunting opportunities as well. The resort has seven docks, two pontoons, several fishing boats with motors and many water toys. These are all included in the sale. Sunset Bay has eight original cabins located right at the water’s edge which guests love. Also for rent is a park model cabin, a large vacation rental, and a travel trailer. Two of the cabins can be rented in the winter. Six campsites with water and electricity hookups are currently rented as transient sites. Investing in additional park model cabins for these camp sites would instantly bring in more income. The Owner’s Home Newly built in 2019, this lovely owner’s home is on site, but situated in a nicely wooded and private setting. Stick built on concrete footings, it provides two bedrooms, one and a half bathrooms, and comfortable living space. If more room is needed, the House on the Hill, which was the previous owner’s home, could be used as a residence instead. If you’re looking for a well cared for, financially strong, traditional resort on a tranquil lake, look no further!

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 14000160135000
  • 14000160135001
Land Assessment
$1,518,500
Improvements Assessment
$824,400
Total Assessment
$2,342,900
  • Listing ID: 26845181

  • Date on Market: 10/13/2022

  • Last Updated:

  • Address: 38274 County Highway 44, Richville, MN 56576

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