$2,850,000
3502 Four Mile Bay Drive NW
Baudette, MN 56623
MLS# 6120501



3502 Four Mile Bay Drive NW, Baudette, MN 56623
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Property Description
Own a piece of History with your purchase of the Legendary Wigwam Resort on Lake of the Woods in Baudette. Fantastic property with 400+ feet of lake shore and 7+ acres at the mouth of the Rainy River. Pride in ownership shows with al the capital improvements done since the seller's purchased the property. It offers 12 cabins, 26 capsites, 14 guest rooms above the main lodge, 3 bars & restaurants. There's a 1 BR cabin, (8) 2 BR cabins & (3) 4 BR cabins that are fully furnished. The 26 campsites have sewer, water, electric & cable TV hookups for either transient or sessional camping business. The shower house is available for campground convenience. The campground has full access to all the resort amenities. There are two kitchens to service customers. They can order off the menu or have their own catch-of-the-day walleye patters. The Wigwam is known for it's great meals & service. Business on Lake of the Woods is strong. The Wigwam has capacity of over 100 people to handle big events.

Details
Maps
Documents
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Available
Status: Active
Current Price: $2,850,000
Original List Price: 2850000
Contingency: None
ListPrice: 2850000
List Date: 2021-10-27
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 50
Owner Occupied: No
Road Btwn WF & Home?: Yes
Waterfront Present: Yes
WF Footage Ft: 407
Year Built: 1947
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9967
Lake/Waterfront Name: Lake of the Woods
Power Company: North Star Electric Coop
For Sale or Lease: For Sale
Acres: 7.5
Lot Dimensions: 130x425
Assessment Pending: No
Location, Tax and Other Information
Legal Description: THAT PART OF GOV. LOT 2 DE- SCRIBED AS FOLLOWS: COM- MENCING AT THE NW CORNER OF SAID GOV. LOT 2; THENCE S. 00 00'19" E. ALONG THE W. BOUNDARY OF SAID GOV. LOT 2 A DISTANCE OF 515.06' TO THE INTERSECT
Map Page: 999
Rental License?: No
School District Phone: 218-634-2735
Map Coordinate Source: King's Street Atlas
House Number: 3502
Street Name: Four Mile Bay
Street Suffix: Drive
Street Direction Suffix: NW
Lake Chain: N
Postal City: Baudette
County: Lake of the Woods
State: MN
Zip Code: 56623
Zip Plus 4: 4503
DNR Lake ID#: 39000200
Property ID Number: 192414010
DNR Lake Classification: Not Applicable
Tax Year: 2021
Tax Amount: 8245
In Foreclosure?: No
Potential Short Sale?: No
Assessment Balance: 18000
Lender Owned?: No
Tax With Assessments: 26244
Directions & Remarks
Public Remarks: Own a piece of History with your purchase of the Legendary Wigwam Resort on Lake of the Woods in Baudette. Fantastic property with 400+ feet of lake shore and 7+ acres at the mouth of the Rainy River. Pride in ownership shows with al the capital improvements done since the seller's purchased the property. It offers 12 cabins, 26 capsites, 14 guest rooms above the main lodge, 3 bars & restaurants. There's a 1 BR cabin, (8) 2 BR cabins & (3) 4 BR cabins that are fully furnished. The 26 campsites have sewer, water, electric & cable TV hookups for either transient or sessional camping business. The shower house is available for campground convenience. The campground has full access to all the resort amenities. There are two kitchens to service customers. They can order off the menu or have their own catch-of-the-day walleye patters. The Wigwam is known for it's great meals & service. Business on Lake of the Woods is strong. The Wigwam has capacity of over 100 people to handle big events.
Directions: 172 north to Cty Rd 280 which turns into Four Mile Bay Dr. Resort at the end of the street.
Acreage Information
Elevation Highpoint to Waterfront Feet: 0-4
Additional Parcels Information
Property ID #2: 192411010
Property ID #3: 192411011
Building Information
Building Finished SqFt: 13972
Building SqFt: 13972
Green Verification
Green Certification: No
Lake Details
Lake Acres: 1074558
Lake Depth: 210
Miscellaneous Information
FIPS Code: 27077
Homestead Desc: Other
Public Survey Info
Range#: 32
Section#: 24
Township#: 162
Structure Information
Sale Includes: Business,Business Assets,Building,Land,Inventory,Fixture/Equipment
Unit 2
No. of 2 Bedroom Units: 1
Unit 3
No. of 3 Bedroom Units: 11
Unit Details
Total Units: 26
Unit Information
Unit Num Effic: 14
Property Features
Accessible: None
Air Conditioning: Central; Ductless Mini-Split; Window
Assumable Loan: Not Assumable
CMU Style: Resort
Construction Status: Previously Owned
Current Use: Food Service; Hotel/Motel; Recreational; Resort; Restaurant
Exterior: Metal; Wood
Floor Description: Carpet; Concrete Slab
Fuel: Propane
Heating: Baseboard; Ductless Mini-Split; Forced Air; In-Floor Heating
Internet Options: Cable
Lake Details: Weeds
Lake/Waterfront: Lake Front
Loan Terms: Cash; Other
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Detached Garage; Driveway - Gravel
Road Frontage: County Road
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Age Over 8 Years; Asphalt Shingles; Flat; Metal; Pitched; Rubber
Sewer: City Sewer/Connected
Stories: Two
Wall Description: Drywall; Paneling
Water: Well
Waterfront Slope: Level
Waterfront View: Bay; East
Window Features: Double Pane Windows; Insulated Windows; Wood Frames

Listing Office: Counselor Realty, Inc

Last Updated: November - 16 - 2021

3502 Four Mile Bay Drive NW, Baudette, MN 56623 - MLS# 6120501

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.