Two Motels/Ice Cream Shop in Central MN! 2 Hospitality Properties Offered at $1,400,000 in Multiple Locations

This is a rare chance to own three proven hospitality and retail businesses in the heart of Minnesota’s lake country. The Spirit Lake Resort & Motel in Menahga, MN, complete with its on-site Scoopology Ice Cream Lab, and The Rustic Inn of Park Rapids, MN are now available together—or separately for the right buyer. Each property brings strong cash flow, prime location, and significant growth potential.
Spirit Lake Resort & Motel + Scoopology Ice Cream Lab – Menahga, MN
Set directly on the shores of Spirit Lake, this resort and motel offers travelers the quintessential Minnesota lake experience. Guests come for the swimming, fishing, and boating, and stay for the laid-back atmosphere that only a true lakeside property can provide.
What sets Spirit Lake apart is the addition of Scoopology Ice Cream Lab, a fun, science-themed ice cream shop located right on the property. It has quickly become a community favorite and an attraction for both resort guests and locals, driving additional revenue and foot traffic. The pairing of lodging and a unique food-and-beverage concept creates a destination experience that keeps families coming back year after year.
Highlights:
Waterfront Location – Direct access to Spirit Lake, a magnet for families and outdoor enthusiasts.
Multiple Revenue Streams – Motel rooms, seasonal rentals, and Scoopology Ice Cream Lab.
Established Brand – Scoopology offers a fun, memorable ice cream experience that sets the resort apart.
Repeat Clientele – Strong family tradition of return visits plus local support for Scoopology.
Expansion & Value-Add Potential – Additional marketing/social media presence, expand the ice cream shop with attending festivals, or introduce event hosting.
This property is more than a place to stay—it’s an experience that blends lodging, recreation, and entertainment into one package.
The Rustic Inn – Park Rapids, MN
Located in Park Rapids, one of northern Minnesota’s most visited destinations, The Rustic Inn combines excellent visibility with steady occupancy. Park Rapids is the gateway to Itasca State Park, home of the Mississippi Headwaters, and attracts thousands of tourists annually. The Rustic Inn benefits from this strong flow of visitors as well as year-round demand from hunters, snowmobilers, and business travelers.
Highlights:
Prime Location – Minutes from downtown Park Rapids and close to Itasca State Park.
Consistent Performance – Strong occupancy and repeat business.
Year-Round Operation – Captures both summer tourists, local workforce and winter outdoor enthusiasts.
Growth Opportunities – Upgrades to the property thus increasing revenue, packages with local attractions, and targeted marketing.
With its reputation and location, The Rustic Inn is positioned for steady income with room to grow.
Why Invest in These Properties?
Owning Spirit Lake Resort & Motel (with Scoopology Ice Cream Lab) and The Rustic Inn provides a diverse portfolio of revenue streams in a growing tourism market.
Diversification – Lodging, food-and-beverage, and tourism-driven retail across two towns.
Tourism Growth – Northern Minnesota continues to draw families, outdoor enthusiasts, and retirees seeking authentic lake country experiences.
Repeat Customers – Both motels and Scoopology enjoy loyal followings.
Upside Potential – Upgrades to Rustic Inn, creation of events with local businesses, and enhance digital marketing strategies.
Lifestyle Business – Own profitable businesses while enjoying the benefits of living in Minnesota’s premier recreational region.
Fully Managed - Management already in place for all 3 businesses! Be as active or passive as you wish to be!
Built-In Equity- Spirit Lake appraised for $871,000 in May of 2023 before creation of Scoopology Ice Cream Lab and renovations (Cost of $150,000). Rustic Inn recently appraised for $630,000 in September of 2025 as it sits today and $738,000 subject-to repairs to building.
The Opportunity
Together, these properties represent great hospitality businesses with established reputations, value-add potential, instant equity on day 1 and built-in demand. Spirit Lake Resort & Motel and Scoopology Ice Cream Lab deliver a unique destination experience, while The Rustic Inn anchors your presence in a high-traffic regional hub. Whether purchased as a package or individually, these properties are ready to generate income from day one.
Three properties. Two prime locations. Endless potential.
For financials, details, or to schedule a showing, contact us today.