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For Sale:  Lindstrom MLS# 7149830






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Active NEW!
$4,400,000
/mo Edit
Commercial:  Other
Built 1960
23 acres
Chisago Lakes schools
MLS# 7149830
763-576-8286
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    Property Description

    Exceptional investment opportunity to own Hillcrest Park & Marina, an established income-producing seasonal RV park and marina situated on approximately 23 acres on North Center Lake in Lindstrom, MN. The property features 83 full-service RV sites with water, electric and sewer, 64 boat slips, private marina and boat launch, sandy beach, main lodge/office, covered deck, playground and numerous shared amenities. Significant investment has been made into the property, including updated septic infrastructure, with additional improvements continuing. Located on the Chisago Lakes Chain with access to approximately 5, 357 acres of water, offering outstanding boating, fishing and recreation throughout the surrounding lakes. Established operational systems are already in place, including online reservations and utility payments through Firefly. An outstanding opportunity for an investor seeking an established recreational business with multiple income streams, long-term investment potential and the opportunity to live on-site. Potential seller financing and 1031 exchange opportunity. Financial information available to qualified buyers upon execution of a confidentiality agreement.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $4,400,000
    Property Type: Commercial
    City: Lindstrom
    Garage Spaces: 0
    County: Chisago
    Year Built: 1960
    State: MN
    Property Style: Other
    Zip Code: 55045
    Subdivision Name: Hillcrest Park & Marina

    Exterior

    Garage Spaces: 0
    Air Conditioning: Central Air, Heat Pump
    Foundation Size: 4,000 ft2
    Handicap Accessible: Other
    Road Responsibility: Private Maintained Road, Public Maintained Road
    Heating System: Forced Air
    Parking Features: Other
    Unit Amenities:
    • Boat Slip
    • Dock
    • Panoramic View
    Road Frontage:
    • County Road
    • No Outlet/Dead End
    • Paved Streets
    • Private Road
    Exterior Material: Concrete
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Shared Rooms:
    • Amusement/Party Room
    • Club House
    • Media Room
    • Play Area

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: East, Lake, Panoramic
    WF Frontage: 295
    Elev Highpt to WF feet: 26-40
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom:
    • Hard
    • Sand
    • Soft

    Lot & Land

    Acres: 23
    Geolocation: 45.4217161415, -92.8403536573
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Leases
    Lot Dimensions: Irregular Lot
    Zoning:
    • Business/Commercial
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Irregular Lot
    • Tree Coverage - Medium

    Farm

    Topography: Rolling, Wooded

    Schools

    School District: 2144
    District Phone: 6512132096

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $25,639
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $26,048

    Units

    Total Units: 84

    Miscellaneous

    Current Use:
    • Recreational
    • Resort
    Fuel System: Propane
    Owner Occupied: No
    Sewer System:
    • Private Sewer
    • Shared Septic
    Available Utilities:
    • Electric Common
    • Electric Separate
    Water System:
    • Shared System
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Realty Executives Top Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.