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2 4th E Street
Federal Dam, MN 56626

Price
$350,000

MLS #
6781575

Status
Active

Built in 1950

672 Sq Ft

Cass County

Description
This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings (garage to be completed within the next few weeks), new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!

School District
Northland Community Schools

2025 Property Taxes
$492

Directions
From US Hwy 2, go south on Co Rd 8 NE to sign on left.

Zoning
Business/Commercial, Residential-Single Family Zone

Features


Utilities
Electric Separate,Heating Separate

Cooling
Ductless Mini-Split

Heating
Ductless Mini-Split,Forced Air

Sewer
City Sewer/Connected

Water
Public

Additional Info


Includes
Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer

Listed By
Dan Nielsen of Real Broker, LLC

Listed
09/02/25 and last updated 09/02/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Open House


Wednesday, December 31 •

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