7192 W Highway 61
Tofte, MN 55615
Bluefin Bay Family of Resorts · Hospitality Property For Sale · 100,000 SF

SVN | Northco is pleased to present for sale the Bluefin Bay Family of Resorts in Tofte, MN ("Property"). The Property is a trophy asset on the North Shore of Lake Superior that has been in continuous operation since 1984. The Property features three distinct types of condominiums: Bluefin Bay, Surfside, and Temperance Landing. The Property also includes numerous dining options (Bluefin Grille, the Coho Café, and the Waves of Superior Café), wedding and event venues, and a spa. The Property is located in Tofte, MN, which is popular recreational area on the North Shore of Lake Superior ("North Shore"). The North Shore is a vibrant, year-round vacation destination that stretches nearly 200 miles from the port city of Duluth to Thunder Bay, Ontario. The Property is located less than ten miles from Lutsen Mountains, which is the largest ski area in the Midwest and features numerous year-round recreational activities. In addition to the numerous activities at Lutsen Mountains, The North Shore features eight State Parks: Gooseberry Falls State Park, Split Rock Lighthouse State Park, Tettegouche State Park, George Crosby Manitou State Park, Temperance River State Park, Cascade River State Park, Judge Magney State Park, and Grand Portage State Park. The Property is also in close proximity to the Superior Hiking Trail, Gitchi Gami State Recreational Trail, and the BWCA Wilderness Canoe Area. The Property is located less than 83 miles northeast of Duluth on Highway 61. The Property is also located roughly 4 hours from the Twin Cities of Minneapolis and Saint Paul by route of Interstate 35E/35W/35, making it an easy drive for a night or weekend stay. For those who are interested in flying to the resort from the Twin Cities or Chicago, the nearest commercial airport is located in Duluth, which is served by Delta Connection (Minneapolis-Saint Paul), United Airlines (Chicago-O'Hare), and United Express (Chicago-O'Hare). After landing in Duluth, it is a quick two hour drive up Highway 61 to Tofte. Grand Marais, which is located roughly 30 miles east down Highway 61 from the Property, has a small airport that accommodates private aircraft.