5107 N Shore Dr - Hospitality FOR SALE


Duluth, MN 55804
$1,500,000 USD
218-336-7944
5107 N Shore Dr, Duluth, MN for Sale
$1,500,000 USD
Hospitality - FOR SALE
1/52
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5107 N Shore Dr
Duluth, MN 55804


HIGHLIGHTS

  • Incredible Views of Lake Superior
  • On Scenic Highway 61
  • 15 Minutes from Downtown Duluth

OVERVIEW

Own your slice of Minnesota’s North Shore with the historic Gardenwood Resort on Lake Superior. Set along Scenic Highway 61, just 15 minutes from Downtown Duluth, this 4.37-acre property offers timeless charm, stunning lake views, and true North Shore character. The beautifully remodeled 1,954sq ft Owner’s Home (2022 J&RS renovation) features Cambria countertops, a luxurious master bath, and a spacious deck where you can sip coffee while the sun rises over the big lake. Guests return year after year to stay in 15 classic cabins (13 currently in use), a cozy 4-room motel, and a 1360 sq ft, 2bed, 2 bath Manager’s Cabin. With city water and sewer, plus immediate access to McQuade Safe Harbor & boat launch, Gardenwood is the perfect blend of laid-back North Shore living and business potential. Build your legacy where pine forests meet rocky shores and Lake Superior is always in view.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$288 USD /SF

# OF ROOMS

17

PRICE/ROOM

$88,235 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gardenwood Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1929

PARKING SPACES

16

LAND DETAILS

LAND ACRES

4.37 AC

LAND SF

190,357 SF

ZONING

Commercial

APN/PARCEL ID

415003000180,415003000190

ASK ABOUT THIS PROPERTY

Ryan BaylessRE/MAX ResultsMore Info
218-336-7944

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Ryan BaylessRE/MAX ResultsMore Info
218-336-7944

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.