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Lakeshore resort Investment/Develoment property.
Otter Tail County, Minnesota, United States
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Property for Sale
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Land - Commercial
Land - Undeveloped
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rt 1 box 175
Otter Tail County
dent, Minnesota
56528
United States
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6.50 acres
2.6 hectares
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$1,400,000 (USD)
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No |
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Yes |
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Person Offering the Property:
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Name:
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ronald
Private Buyer or Seller
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Address:
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dent, Minnesota 56528
United States |
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Please contact this
person by Email first.
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Phone:
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1-218-758-2841 Business
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Location Description:
Premier tourist destination
Increasing lakeshore value
Trophy fishing
Peaceful rural setting
Non Commercialized
4700 acre lake
1/1000 lakes in Ottertail Cty.
Excellent school system
Est. 1943
Proven money maker
500ft. prime lakeshore
General Description:
The investment opportunity of a lifetime! Live the life of your dreams and make a tidy profit in the process as the proud owner of the gorgeous Galaxy Resort. Located on beautiful Star Lake in the heart of the west-central Minnesota lakes area, Galaxy Resort is a proven money-maker with an established clientele of return visitors and tremendous potential for future development. The current owners have been here for 24 successful years, but they’ve decided to retire and are anxious to pass along this opportunity to the right buyer. If you’re an entrepreneur who loves the lakes and the outdoor life, this is the ideal investment for you.
Resort Accommodations
Established in 1943, the Galaxy Resort sits on 6 acres with 500 ft of prime lakeshore in a well-protected bay on the north arm of beautiful Star Lake, one of the area’s premier fishing destinations for trophy walleye, largemouth bass and northern pike. The main building is a 3,000 square ft. structure that includes 1,100 square ft., three-bedroom living quarters and modern restaurant, bar and game-room facilities with a 48-seat capacity dining room, outdoor seating for 20 on the deck, and a bar that seats 30. Guest accommodations include 10 fully furnished cabins ranging from four to 10 occupant capacity, each with a full kitchen and its own sundeck and boat pier. The grounds also include fish-cleaning facilities, sandy beaches with lakeside RV camping sites, a sand volleyball court, and a playground for the kids, complete with swing set.
Star Lake
Star Lake is located in Ottertail County in the heart of the west-central Minnesota lakes area, just a 2 ½ hour drive northeast of Minneapolis/St. Paul and a one-hour drive southwest of Fargo, ND. Out of the more than 1,000 lakes in Ottertail County, Star Lake has long been a favorite of anglers seeking trophy walleyes, northern pike, largemouth bass, and tasty pan fish. It sits in a premier tourism area, only six miles from scenic Maplewood State Park, with many fine golfing and sight-seeing locations nearby. A quiet, peaceful area with excellent schools and friendly neighbors, it’s a great location for anyone looking to get away from the noise and stress of city life.
The Galaxy Resort is an outstanding investment opportunity as a business or as a real estate development project. Lakeshore property values in the area have been rising steadily over the past two decades, and they are sure to increase in the years ahead. With the increasing demand for quality lakeshore lots, properties like this one are increasingly rare and values like this are almost impossible to find. You really have to see it to believe it!
Improvement Notes:
No improvement notes entered.
Financial Notes:
No financial information entered.
Soil Notes:
No soil information entered.
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The validity of the information on this page is the responsibility of the person or company offering the property for sale or lease. Terrascend will accept no responsibility for erroneous or fraudulent property listings. It is the buyer's or leasee's responsibility to independently verify the information on this page.
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