I have listed a new property at 92 Carl Erickson AVE E in Shell Lake.
Fantastic turn-key successful business opportunity in the Village of Shell Lake! Shell Lake Pine Resorts is an all-season vacation retreat established in 2013. Located next to Memorial Lake Regional Park, Shell Lake Pine Resorts operates year-round. It offers four year round cabins and four seasonal cabins for rental. One additional cabin is used by the current owner as their primary residence and office for Shell Lake Pine Resorts Ltd. This offers a great management option for living on site 365 days a year and if living on site was not what you have in mind – this building can also be rented out for additional income for your already established business! Each rental cabin (with the exception of the residence building – but supplies will be left for this to be a rental suite as well) are fully furnished, stocked with supplies needed for a comfortable stay. Each cabin comes with a covered deck furnished with a BBQ, and table/chair set for guest convenience. Each cabin features comfortable bedding and furniture, fresh linens for each guest and full size appliances. The sale of this property will be turnkey with the exception of just a few personal items of the current owners. Everything you need to run this business will be included. With a three year annual average occupancy rate of 41%, this established business is ready for you to grow and expand. Pre COVID-19 occupancy three year rate was 45% - showing that even with a lockdown in 2020 that affected three months of business, they only dropped 4% occupancy. Many opportunities available for expansion of the business as well – boat rentals, recreational water sport equipment rentals, or turn it into a hunting lodge – the possibilities are many! There is an information package available – so contact your agent for more information or to schedule a viewing of the property!