RateMyAgentGo to search
Back 2 4th Avenue East
Active

2 4th Avenue East

Federal Dam MN 56641

3
3
2
672 sq. ft.
0.51 ac.
Single-Family
Currently for sale - view listing

Overview

This unique property offers incredible versatility and income potential for the entrepreneurial-minded buyer. Located directly across the road from the Leech Lake Federal Dam Recreation Area, it is perfectly positioned to capture steady visitor traffic. The main home features a functional floor plan and an oversized attached garage. Two fully renovated and furnished one-bedroom cabins (taken down to the studs in 2022) currently operate as short-term rentals, generating excellent cash flow. Complementing the accommodations are two commercial spaces: a bait shop (completely renovated in 2024) and a gift shop, along with an RV pad and established firewood sales. Additional upgrades include new roofs on all buildings, new appliances, a new water softener, a new furnace in the main home, and many other improvements throughout. The sale also includes existing inventory, making this a true turnkey opportunity. Whether you’re looking to expand a resort business, launch multiple income streams, or simply enjoy living and working near the lake, this property presents a rare chance to own a ready-to-go investment in one of Minnesota’s most sought-after recreation areas. Don’t miss it!

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
672 sq. ft. floor area
0.51 ac. lot size
Single-Family

Happy sellers in Federal Dam

~%

We have insufficient information to provide an overview of customer satisfaction for Federal Dam. Viewing the agent profiles, reviews and sales for Federal Dam can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Federal Dam

In the last 12 months, 2 three-bedroom single-family properties similar to 2 4th Avenue East, have been sold.

RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap