10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

PROPERTY OVERVIEWThis amazing and historic resort opened in 1931. As one of the oldestresorts on Kabetogama Lake it has been a choice destination toenjoy the Northwoods atmosphere and premiere walleye fishing.Gorgeous rustic lodge on approximately 9 acres with kitchen, bararea and cozy hang out by the split rock fireplace. 10 unique cabins,7 lodge rooms, 3 RV hookups and multiple streams of income withboat rentals, bait, food, clothing and more. Continue the tradition andown a piece of history and a piece of peace!

PROPERTY FEATURESHistoric log lodge and lakeside cabins overlookingKabetogama Lake

Lighted boat harbor and floating dock system

Paved road to resort with ample parking

Cabins, lodge rooms and RV hookups available

Complete dock services, boat rentals, and dining roomservice

Multiple streams of income - financials available upon request

SALE PRICE: $1,200,000

LOT SIZE: 9.0 Acres

BUILDING SIZE: 5,976 SF Lodge

YEAR BUILT: 1931

OFFERING:Includes Business, Buildings,

Land, Inventory & Equipment

LOCAL AGENT:

Darcie Rae Novak

Keller Williams Classic Realty

218-780-7036

Darcie@biglifeteam.com

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

PROPERTY NAME: Arrowhead Lodge & Resort

STREET ADDRESS: 10473 Waltz Road

CITY, STATE, ZIP: Kabetogama, MN 56669

COUNTY: Saint Louis

APN:

402-0060-00280402-0060-00290402-0010-00662402-0010-00615402-0010-00610

YEAR BUILT: 1931

NUMBER OF STORIES: 2

SALE INCLUDES:Business, Buildings, LandInventory, Equipment

IMPROVEMENTS:Lodge, cabins, docks have all hadImprovements since 2001Complete Improvement List Available

INVENTORY: Current Inventory List Available

PROPERTY OVERVIEWThis amazing and historic resort opened in 1931. As one ofthe oldest resorts on Kabetogama Lake it has been a choicedestination to enjoy the Northwoods atmosphere andpremiere walleye fishing. Gorgeous rustic lodge onapproximately 9 acres with kitchen, bar area and cozy hangout by the split rock fireplace. 10 unique cabins, 7 lodgerooms, 3 RV hookups and multiple streams of income withboat rentals, bait, food, clothing and more. Continue thetradition and own a piece of history and a piece of peace!

LOCATION OVERVIEWLocated on Lake Kabetogama in beautiful VoyageursNational Park, the property has spectacular views of the lakeand scenic views of the park. Kabetogama is one of 5 majorlakes in the park, and on Kabetogama alone there are 250islands of an acre or more. Just north of Arrowhead Lodge isthe Kabetogama Peninsula which offers well marked hikingtrails leading to many interior wilderness lakes.

ARROWHEAD LODGE HISTORYOpened in 1931 as a resort, Arrowhead Lodge is one of theoldest resorts on Lake Kabetogama. The Lodge prides itselfin making improvements that have maintained the vintagelodge history but incorporating modern conveniences.Guests are made to feel comfortable but experience theearly years of history at Arrowhead. The lodge was built byMr. Bryce who also built other lodges on the lake. Arrowheadis the only one that exists today and has become a vital partof Kabetogama history.

VOYAGEURS NATIONAL PARKKabetogama is one of 5 major lakes in the park. The lakesoffer solitude and good fishing, a true wilderness experience.A total of over 139,000 acres of pristine wilderness awaitsyou, Always great fishing for walleyes, northern pike, smallmouth bass, jumbo perch and crappie! Enjoy the northernlights which can descend upon you on any particular night.

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

10473 Waltz Road

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

St. Louis County M N

County Land ExplorerSt. Louis County, Minnesota

Disclaimer

County Land Explorer

Printed: 3/30/2017

This is a compilat ion of records as they ap pear in t he S aint Lo uis CountyOffices affecting the area shown. This drawing is t o be used only f or ref erence

purposes and the County is not responsible for any inaccuracies herein

St. Louis County https://gis.stlouiscountymn.gov/landexplorer/ Minnesota

default author

Map created using County Land Explorerhttps://gis.stlouiscountymn.gov/landexplorer/

Title...0 0.0 55 0.11 0.1 650.0 27 5

Miles

N

Copyright St. Louis County Minnesota | All Rights Reserved©

KW COMMERCIAL14711 Martin Drive,Suite 150Eden Prairie , MN 55344

www.kwcommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

CHAD HEERCCIM | Managing Director0 612.963.5147Cchadheer@kwcommercial.com

* Demographic data derived from 2010 US Census

10473 Waltz Road, Kabetogama, MN 56669

ARROWHEAD LODGE & RESORT

HISTORIC RESORT FOR SALE

POPULATION 10 MILES 50 MILES 100 MILES

TOTAL POPULATION 778 21,542 185,217

MEDIAN AGE 53.6 47.8 45.6

MEDIAN AGE (MALE) 52.8 47.0 44.5

MEDIAN AGE (FEMALE) 55.8 48.9 46.8

HOUSEHOLDS & INCOME 10 MILES 50 MILES 100 MILES

TOTAL HOUSEHOLDS 378 10,149 84,046

# OF PERSONS PER HH 2.1 2.1 2.2

AVERAGE HH INCOME $62,242 $55,447 $52,066

AVERAGE HOUSE VALUE $202,040 $144,658