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2 4th St E, 
Federal Dam, MN 56641

$350,000


3

Beds


3

Baths


672

Sq Ft


Single Family

Active

Listed by

Dan Nielsen

Real Broker,LLC

651-370-9026

Last updated:

October 20, 2025, 03:32 PM

MLS#

6790165

Source:

ND FMAAR

About This Home

2 4th St E

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 (garage to be completed within the next few weeks), 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!

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1950

Price Summary

350,000

$520 per Sq. Ft.

MLS #:

6790165

Last Updated:

October 20, 2025, 03:32 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

1

Interior

Living Area:

672 Sq. Ft.


Structure

Structure

Building Area:

672 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

21,780


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$520 per Sq. Ft.

Source:ND FMAAR
The information being provided by Fargo-Moorhead Area Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Fargo-Moorhead Area Association Of REALTORS® Mls All rights reserved.

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