51538 State Highway 46, Squaw Lake, MN 56681 (MLS# 7148322)

51538 State Highway 46, Squaw Lake, MN 56681

New Listing
$799,900
Property Type: Commercial Square Footage: 2,756 Lot Size (sq. ft.): 483,516 Status: Active
Current Price: $799,900 List Date: 10/02/2026 Last Modified: 10/02/2026

Overview

Description

Unique commercial investment opportunity in Squaw Lake, Minnesota! This versatile Northwoods property offers multiple buildings, lodging options, and amenities with excellent potential for a hospitality, resort, rental, or recreational-based business. The property features an established commercial laundromat, with the laundry equipment included in the sale, along with a two-story building offering hotel-style rooms and an apartment. Additional accommodations include a charming two-story log cabin and separate log cottage, creating even more opportunities for guest lodging or extended stays. Furnishings and beds are also included, providing an excellent opportunity for a new owner to step in and begin operating. Designed with outdoor enthusiasts in mind, the property includes a dedicated fish-cleaning house, a large screened gazebo with plenty of room for group gatherings, room for RVs, and outside electrical hookups. Located in the heart of Minnesota's Northwoods, the Squaw Lake ar ...

Listing Details MLS# 7148322

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1985
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2756
For Sale or Lease
For Sale
Acres
11.1
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Ductless Amenities Shared: Coin-op Laundry Owned Amenities Unit: Natural Woodwork Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Wood CMU Style: Business Opportunity; Mixed Use; Other Construction Materials: Frame; Log Construction Status: Previously Owned Current Use: Hotel/Motel Exterior: Cedar; Log Foundation: Slab; Wood Fuel: Propane; Wood Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown; Free Standing Lock Box Type: Combo On Site Utilities: Electric Common Parking Characteristics: Parking Lot; Gravel Lot Potential Use: Motel/Hotel; Other Road Frontage: State Road; Other Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Architectural Shingle; Pitched Sewer: Tank with Drainage Field Shared Rooms: Amusement/Party Room Stories: Two Topography: Level Wall Description: Finished Water: Drilled; Well

Contract Information

Contingency
None
ListPrice
799900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
51538
Street Name
State Highway 46
Postal City
Squaw Lake
County
Itasca
State
MN
Zip Code
56681

Assessments

Tax With Assessments
2384

Building Information

Building Finished SqFt
2756
Building SqFt
2756

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
27
Section#
20
Township#
148

Sale Options

Sale Includes
Building, Fixture/Equipment, Land

Unit 1

No. of 1 Bedroom Units
5

Unit 2

No. of 2 Bedroom Units
Yes

Unit 3

No. of 3 Bedroom Units
Yes

Unit Details

Total Units
7

Documents

IDX
Listing Office: Elite Realty Minnesota
Last Updated: October - 02 - 2026
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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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