2279 Grant Mcmahan Boulevard, Ely, MN 55731

$2,250,000
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$2,250,000
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218-757-3233

Property Description

WELL MAINTAINED FULL SERVICE BWCA AREA RESORT with BOOKS THAT SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1,015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market. Turn key opportunity to own your own popular business on a popular lake!

218-757-3233
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Listing courtesy of Janisch Realty, Inc.

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