Itasca County Homes with Business Opportunity Style

Itasca County Homes with Business Opportunity Style

Welcome to Itasca County, Minnesota—a hidden gem nestled in the heart of the North Woods, where natural beauty meets entrepreneurial spirit. This picturesque region is characterized by its stunning lakes, lush forests, and vibrant wildlife, making it an ideal location for those seeking a serene lifestyle while pursuing business opportunities. With over 1,000 lakes and miles of scenic trails, Itasca County offers a unique blend of outdoor adventure and small-town charm.

The real estate market in Itasca County is diverse, with a variety of homes that cater to both families and aspiring entrepreneurs. If you’re looking for a residence that doubles as a business opportunity, you’ll find properties that feature spacious layouts, ample land, and prime locations for commercial ventures. Whether it's a cozy cabin near the water, a charming farmhouse with farmland, or a multi-unit property in town, the options are plentiful.

Imagine waking up to breathtaking views of the surrounding forests, then stepping into your own business space just steps from your front door. Itasca County is not only a haven for outdoor enthusiasts but also offers a supportive community for local businesses, from quaint boutiques to thriving service industries. This unique blend of lifestyle and opportunity makes Itasca County an exceptional choice for those looking to invest in both their home and their future.

Explore the homes with business potential in Itasca County today and discover how you can turn your dreams into reality in this enchanting part of Minnesota. The possibilities are endless, and the community is ready to welcome you with open arms!

Newest Itasca County Homes with Business Opportunity Style

209 2nd Street, Bovey
$269,900
7162218 MLS
Exceptional Turnkey Bar & Entertainment Business with Income-Producing Apartments An exceptional commercial turnkey opportunity! Following the forfeiture of a previous contract for deed, the sellers have repossessed the property and completed extensive cosmetic and operational upgrades throughout the establishment. Community support has been overwhelming, with patrons welcoming the owners back and contributing to a substantial increase in daily revenue. Business & Revenue Highlights Established Entertainment Destination: Successfully hosts weekly dart and pool tournaments, live band performances, birthday parties, and baby showers. The business also plans to introduce meat raffles and bingo events, creating additional opportunities to attract patrons, increase traffic, and grow revenue. Multiple Revenue Streams: In addition to food and beverage sales, the establishment offers pull tabs and electronic pull tabs (e-tabs) to its patrons, providing an additional source of business income and enhancing the overall entertainment experience. Food & Beverage Operations: Currently serving pizza and light food items, with significant potential to expand the menu and increase sales. Value-Add Kitchen Opportunity: Features a designated kitchen area currently plumbed with a sink, offering excellent potential for expanded food service. Buyers interested in developing a more extensive menu are encouraged to consult local city and health officials regarding licensing, equipment, and layout requirements for commercial food preparation. This space offers an opportunity to tailor food service to a buyer’s vision. Immediate Rental Income: Includes two fully leased, income-producing residential apartments on-site, providing an additional revenue stream alongside the bar and entertainment business. Growth Potential: With established community support, multiple entertainment offerings, food and beverage sales, pull-tab and e-tab income, and residential rental revenue, this property presents an exciting opportunity for an owner-operator or investor to build on an established business and explore additional revenue opportunities.

209 2nd Street, Bovey

Listing courtesy of RE/MAX Results.

100 NE State Hwy 1 Street, Effie
$95,000
7159287 MLS
Turn your entrepreneurial vision into reality with this versatile commercial property located at the northern gateway of the Edge of the Wilderness Scenic Byway. While the business is currently non-operational, this landmark location is completely equipped and primed for its next chapter—whether you choose to revive the beloved local diner or reinvent the space entirely. Situated on a spacious 2.01-acre corner lot with high visibility at the intersection of Highway 1 and Hwy 5, the building offers 2,296 finished square feet of highly functional space. The interior layout features a charming front cafe with a traditional lunch counter, alongside a larger dining room capable of seating up to 48 guests. • Designed for maximum efficiency, featuring a main-floor layout with grill, range, refrigerators, a freezer, and a convenient walk-in cooler. • Solid Infrastructure: Built with a durable metal roof, stucco and wood exterior, efficient propane forced-air heating, and central air conditioning. • Excellent Accessibility & Parking: Includes a wheelchair ramp for easy access and an expansive open parking area with 15+ spaces. • Prime Recreation Location: Located in the heart of Minnesota's premier hunting and fishing country, directly adjacent to popular snowmobile and ATV trail systems, ensuring a steady stream of seasonal and local traffic. • Utilities: Connected to city sewer with an on-site well.

100 NE State Hwy 1 Street, Effie

Listing courtesy of EDGE OF THE WILDERNESS REALTY.

51538 State Highway 46, Squaw Lake
$799,900
7148322 MLS
Unique commercial investment opportunity in Squaw Lake, Minnesota! This versatile Northwoods property offers multiple buildings, lodging options, and amenities with excellent potential for a hospitality, resort, rental, or recreational-based business. The property features an established commercial laundromat, with the laundry equipment included in the sale, along with a two-story building offering hotel-style rooms and an apartment. Additional accommodations include a charming two-story log cabin and separate log cottage, creating even more opportunities for guest lodging or extended stays. Furnishings and beds are also included, providing an excellent opportunity for a new owner to step in and begin operating. Designed with outdoor enthusiasts in mind, the property includes a dedicated fish-cleaning house, a large screened gazebo with plenty of room for group gatherings, room for RVs, and outside electrical hookups. Located in the heart of Minnesota's Northwoods, the Squaw Lake area is surrounded by outstanding recreational opportunities, including numerous fishing lakes, snowmobile and ATV trails, and excellent hunting opportunities throughout the region. Want to live where you work? The home next door is also listed separately, creating a unique opportunity to purchase both properties and eliminate the commute! Live next door while operating the business or explore the possibilities of owning both the residential and commercial properties together. With multiple lodging options, an operating commercial laundry facility, RV space, outdoor gathering areas, and recreational amenities already in place, this unique property offers tremendous flexibility for an owner/operator or investor. Whether envisioned as a lodging destination, sportsman's retreat, vacation rental operation, or combination of uses, this property offers an exciting opportunity to own and operate a Northwoods business in the Squaw Lake area.

51538 State Highway 46, Squaw Lake

Listing courtesy of Elite Realty Minnesota.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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