$5,400,000

8231 State Highway 114 SW, Alexandria, MN 56308


8231 State Highway 114 SW Alexandria, MN 56308 - Mary Lake

For Sale MLS# 6391494

1 sq ft Commercial

Data current as of {{getLocalTime('2024-05-06T14:15:17Z')}}

Details for 8231 State Highway 114 SW

MLS# 6391494

Description for 8231 State Highway 114 SW, Alexandria, MN, 56308 - Mary Lake


Situated on beautiful Lake Mary in the popular Alexandria Lakes Area, Big Foot Resort is your opportunity for a lifestyle change & an excellent business investment. This well run operation has 1100 feet of lakeshore & 32 acres. The current owners have reinvested in the property by adding more RV sites in 2023, & in 2021 added a $125,000 dock system that has approximately 70 boat slips. Guest amenities include a private boat launch, 18 hole miniature golf, laundry/shower house, TWO swimming pools, meeting room & new playground. The 11 cabins range in size from 2-5 bedrooms & have TV, A/C & full kitchens. The 125 RV/camping sites are both seasonal & nightly rentals with full hookup. Every site has sewer, water & 100-amp service with 50/30/20 amp plugs. Additional acres provide opportunity for future expansion. All resort & marine equipment needed to operate the business is included. The 3600 sq ft owner's home is on site & has 7 bdrms, 3 baths & a triple detached garage. What a luxury!

Listing Information


Property Type: Commercial, Business Opportunity,Resort

Status: Active

Lot Size: 32 Acres

Square Feet: 1 sq ft

Year Built: 1950

Foundation: 1 sq ft

Garage: Yes

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: View Of Lake Mary

Builder:

Foundation:

Total Units: 11

Current Use: Commercial,Resort

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Douglas

Days On Market: 304

HERS Score:

Construction Status: Previously Owned

School Information


District: 206 - Alexandria

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Accessibility: Other

Additional Interior Features:

Utilities


Water: Drilled

Sewer: City Sewer - In Street, City Sewer/Connected

Available Utilities: Electric Common,Hot Water Separate

Other Utilities:

Heating: Ductless Mini-Split, Electric, Other, Propane, Forced Air

Exterior / Lot Features


Garage Spaces: 6

Parking Spaces: 150

Parking Description: Driveway - Gravel, gravel lot, Garage Dimensions - 32x28, Garage Sq Ft - 1832.

Exterior: Fiber Board, Wood, Cement Board

Lot View: East,South

Lot Dimensions: 1208,988,410,435,801

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Land

Soil Type:

Tillable Acres:

Waterfront Details


Body of Water: Mary Lake

DNR Lake ID: 21009200

Water Front Type: Lake Front

Water Frontage: 1,100 Ft.

Lake Acres: 2,450

Lake Depth: 40 Ft.

Lake Bottom: Sand,Soft

Lake Chain Name:

Lake Chain Acres:

Road Between Waterfront and Home: No

Slope To Waterfront: Level

High Point to Waterfront: 0-4

Driving Directions


South of Alexandria on MN-29S 0.8 miles, southwest on Cty Rd 28 2.7 miles, west on Cty Rd 4 4.4 miles, north on MN 114 1.2 miles on the right.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 300427100

Tax Amount: $25,074

Tax Year: 2023

HomeStead Description: Homesteaded

Price Changes


$5,400,000 Original Price
$5,400,000 Current Price
+$0 Total Change
Date Price Change
7/10/2023 11:03 AM $5,400,000

Sales History

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Tax Summary

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Schools nearby 8231 State Highway 114 SW

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

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