28444 E Bass Lake Road, Grand Rapids, MN 55744 (MLS# 7089984)

28444 E Bass Lake Road, Grand Rapids, MN 55744

$1,500,000
Property Type: Commercial Lot Size (sq. ft.): 261,796 Status: Active
Current Price: $1,500,000 List Date: 6/14/2026 Last Modified: 6/26/2026

Overview

Description

Turnkey lakefront resort opportunity on Little Bass Lake in the heart of Northern Minnesota's lake country. This established 6-cabin resort sits on roughly 6 acres with direct access to a quiet, fishable 161-acre lake reaching depths of 62 feet, perfect for walleye, panfish, and peaceful days on the water. The main residence, built in 1982, offers approximately 1,625 square feet of living space for an owner-operator or on-site manager. Each of the 6 rental cabins carries its own established weekly rate, with the property already booking strong for the current season, over 75 week-units reserved between late May and mid-October. With a loyal repeat guest base, proven seasonal cash flow, and room to grow rates and occupancy, this is a rare chance to step into a profitable, ready-to-run resort business just minutes from Grand Rapids, MN. Whether you're looking for an income property, a family compound with rental income, or your next business venture in Northern Minnesota's booming lake m ...

Listing Details MLS# 7089984

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
12
Road Btwn WF & Home?
No
Waterfront YN
Yes
Year Built
1982
Yearly/Seasonal
Seasonal
Zoning
Business/Commercial
Foundation Size
1800
Garage Stalls
2
Lake/Waterfront Name
Little Bass Lake (31057500)
For Sale or Lease
For Sale
Acres
6.01
Lot Dimensions
691x578x633x417
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Beach; Dock Appliances: Range; Refrigerator; Washer CMU Style: Resort Construction Status: Previously Owned Current Use: Resort Exterior: Wood Foundation: Combination Fuel: Propane Heating: Baseboard Lake Details: Sand Location Description: Free Standing Lot Description: Accessible Shoreline; Tree Coverage - Medium On Site Utilities: Heating Separate Sewer: Private Sewer Water: Private Waterfront Type: Lake Front Waterfront View: Lake

Contract Information

Contingency
None
ListPrice
1500000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
28444
Street Direction Prefix
E
Street Name
Bass Lake
Street Suffix
Road
Postal City
Grand Rapids
County
Itasca
State
MN
Zip Code
55744

Assessments

Tax With Assessments
7196

Building Information

Building Finished SqFt
1625

More Information

Income and Expenses

Annual Gross Income
105875

Lake Details

Lake Acres
160
Lake Depth
62

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
26
Section#
35
Township#
56

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory

Unit Details

Total Units
6
IDX
Listing Office: Pemberton RE
Last Updated: June - 26 - 2026
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