{"@odata.id":"https:\/\/api.mlsgrid.com\/v2\/Property('NST7732601')","ListingKey":"NST7732601","City":"Aitkin","Contingency":"Subject to Financing","CurrentUse":["Resort"],"Directions":"From Aitkin stop light go north on County Rd 1 to a left on County Rd 22 to straight on County Rd 24 to a right on 430th Place follow road and stay right to the property on the end of 438th Lane.","FoundationDetails":["See Remarks"],"NST_FoundationDimensions":"50x52","NST_Fuel":["Electric","Pellet","Propane"],"NST_GarageDimensions":"24x40 - 60x100","Latitude":46.658422999999999092324287630617618560791015625,"ListPrice":1450000,"LockBoxType":["None"],"Longitude":-93.742830999999995356120052747428417205810546875,"LotSizeDimensions":"63.2","LotSizeUnits":"Acres","NST_OverheadDoorClearance":["10-14 Feet"],"ParcelNumber":"510008900","PostalCity":"Aitkin","PostalCode":"56431","PublicRemarks":"Turn-Key Lakefront RV Resort & Commercial Investment.  Exceptional opportunity to acquire a highly profitable, fully operational RV resort located on over 1,500 feet of premier lake shoreline. This meticulously maintained property features 31 fully occupied season RV sites, a custom 4,100+ square foot lakefront residence, an onsite restaurant, and extensive supporting infrastructure, all positioned for immediate operation and future growth.\n\nProperty Features:\n31 seasonal RV sites, each individually metered for electricity. Over 1,500 feet of direct lake frontage with two rentable dock systems. Restaurant currently operating 3.5 days per week, offering significant expansion potential. Multi-tiered septic system supporting RV park operations; separate septic systems for residence, restaurant and LOT 1. 4,100+ FSF custom lakefront home featuring recent updates: newer roof, siding, windows, major interior renovations, and an expansive master suite. 60x100 heated shop and 24x40 insulated garage for operational and personal use. Fully booked seasonal occupancy with strong repeat clientele. \n\nInvestment Highlights: 2024 financials support a 4.34% cap rate at current list price. Immediate growth potential through expansion of RV sites and increased restaurant\/bar operating hours. Turn-key operation with established profitability. Fully operational and open for the 2025 season. \n\nThis asset presents a rare blend of stable cash flow, strong asset appreciation potential, and multiple avenues for additional revenue growth. It is well-positioned for either a hands-on owner\/operator or a passive investor with an experienced management team.\n\nFinancial documentation available upon execution of a Non-Disclosure Agreement.","PublicSurveyRange":"27","PublicSurveySection":"10","PublicSurveyTownship":"48","Roof":["Age 8 Years or Less"],"NST_SchoolDistrictPhone":"2189272115","Sewer":["Mound Septic","Septic System Compliant - Yes","Shared Septic","Tank with Drainage Field"],"StateOrProvince":"MN","StreetName":"438th","StreetNumber":"42206","StreetNumberNumeric":42206,"StreetSuffix":"Lane","TaxYear":2024,"Topography":"Gently Rolling,Level","Utilities":["Electric Separate"],"NST_WaterfrontFeet":"1400","View":["Lake","Panoramic"],"YearBuilt":1972,"AccessibilityFeatures":["None"],"AdditionalParcelsYN":false,"NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","BasementYN":false,"CumulativeDaysOnMarket":197,"NST_CeilingHeight":"8-10","NST_ComKitchenAmenDesc":["Cookware\/Utensils","Prep Station","Shelving and Racks","Walk-In Cooler\/Freezer","Dishwasher","Freezer","Fryer","Grill","Oven"],"NST_CommercialStyleType":["Resort"],"NewConstructionYN":false,"NST_ForSaleOrLease":"For Sale","Cooling":["Central Air"],"CountyOrParish":"Aitkin","DocumentsCount":4,"DocumentsChangeTimestamp":"2026-04-15T21:04:32.000Z","DaysOnMarket":0,"ExteriorFeatures":["Other"],"FoundationArea":2600,"NST_FractionalOwnershipYN":"No","NST_GarageSquareFeet":"960","GarageSpaces":10,"Heating":["Boiler","Fireplace(s)","Hot Water"],"HighSchoolDistrict":"Aitkin","NST_ForeclosureStatus":"No","Inclusions":"Building,Business,Fixture\/Equipment,Other","InternetAddressDisplayYN":true,"InternetAutomatedValuationDisplayYN":true,"InternetConsumerCommentYN":false,"InternetEntireListingDisplayYN":true,"LandLeaseYN":false,"NST_LenderOwned":"No","Levels":["Two"],"ListingContractDate":"2025-05-14","ListingId":"NST6708553","LotFeatures":["Accessible Shoreline","Cleared","Tree Coverage - Medium"],"LotSizeArea":63.2000000000000028421709430404007434844970703125,"NumberOfUnitsTotal":1,"OriginalEntryTimestamp":"2025-05-14T11:13:15.000Z","NST_OwnerOccupied":"Yes","ParkingFeatures":["Detached Garage","Electric","Guest Parking","Heated Garage","Multiple Garages","RV Access\/Parking"],"PhotosCount":98,"PhotosChangeTimestamp":"2026-04-15T21:04:32.000Z","PoolFeatures":["Above Ground"],"NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","NST_RoadBetweenWaterfrontAndHomeYN":"N","RoadFrontageType":["County Road"],"RoadResponsibility":["Public Maintained Road"],"StandardStatus":"Active","TaxAnnualAmount":2660,"NST_TaxWithAssessments":"2660","Township":"Aitkin","VideosCount":3,"VideosChangeTimestamp":"2025-05-15T16:24:36.000Z","WaterSource":["Drilled","Well"],"WaterfrontFeatures":["Lake Front"],"ZoningDescription":"Business\/Commercial,Residential-Single Family","WaterfrontYN":true,"NST_SchoolDistrictFullName":"8001 - Aitkin","NST_SchoolDistrictNumber":"8001","ListAgentKey":"NST224446","ListAgentMlsId":"NST506016805","ListOfficeMlsId":"NST40571","ListOfficeName":"RE\/MAX RESULTS","ListOfficeKey":"NST19355","VirtualTourURLUnbranded":"https:\/\/my.matterport.com\/show\/?m=1ruBY69EEWP&mls=1","NST_VirtualTourURLUnbranded2":"https:\/\/my.matterport.com\/show\/?m=yeT7cTToDDH&mls=1","ModificationTimestamp":"2026-05-05T02:03:07.628Z","OriginatingSystemName":"northstar","MlgCanView":true,"MlgCanUse":["IDX"]}