Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker Brenizer, Realtors
Property view
Listing view 2
Listing view 3

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 18, 2025, 06:50 PM

MLS#

6790165

Source:

NSMLS

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 18, 2025, 06:50 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):

22,215


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$520 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

 

Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.