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- LoopNet Team
4296 Arrowhead Point Rd
Tower, MN 55790
Gruben's family compound · Retail Property For Sale
Investment Highlights
- Building is located in the south central area of the fastest growing lake.
- This property sits on the shore of Lake Vermilion, the lake of red sunsets.
- Additional land is included in the sale which can be used for additional parking or a restaurant.
Property Facts
Amenities
- 24 Hour Access
- Property Manager on Site
- Waterfront
About 4296 ARROWHEAD POINT RD , TOWER, MN 55790
Great Famly Biz or compound Location! Established (1930s)Cover your cost with rental income. Marina. Includes; Real Estate; 8 ACRES on 1100+ Ft. of protected shore; Docks, Slips, C-store, Off-Sale Bottle, Bait, Fuel, Boat Repair & yr'round storage. + 5 Cabin Village; updated, clean, spacious & many amenities in the heart of the BEST lake In the state of over ten thousand. PLUS, 2000+ Sq Ft bonus building begs to be (for Sale or Rent) fast-casual, dine-in & take-out food and beverage concept. Addt'l land avail. for parking or...1031 Renovations in 2016 included new docks, updates to the five cabins, and a brand-new convenience store.
Property Taxes
| Parcel Numbers | Improvements Assessment | $488,500 | |
| Land Assessment | $643,200 | Total Assessment | $1,131,700 |
Property Taxes
