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Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota’s most popular year-round destinations. The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed. Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term rental income and the opportunity to capitalize on Walker’s strong tourism market. The setting offers scenic views of Leech Lake while providing convenient access to downtown Walker, dining, shopping, marina access, and area recreation. Boating, fishing, snowmobiling, biking, and trail systems draw visitors to the area throughout the year. With its remodeled condition, diversified rental strategy, lake views, and desirable Walker location, this property presents an attractive opportunity for investors seeking established cash flow with additional income and long-term growth potential.

16 Beds ⋅ 14 Baths ⋅ 7146450 MLS

Exceptional investment opportunity in Walker, Minnesota, overlooking the shores of Leech Lake. This fully remodeled 14-unit apartment property offers strong income potential with a cap rate over 7% in one of northern Minnesota’s most popular year-round destinations. The property features one spacious 3-bedroom, 1-bath unit, ten 1-bedroom, 1-bath units, and three efficiency units. All 14 units have been recently renovated with updated interiors and modern finishes, creating a turnkey opportunity with limited immediate capital improvements needed. Three units are currently operated as Airbnb rentals, providing a blend of long-term and short-term rental income and the opportunity to capitalize on Walker’s strong tourism market. The setting offers scenic views of Leech Lake while providing convenient access to downtown Walker, dining, shopping, marina access, and area recreation. Boating, fishing, snowmobiling, biking, and trail systems draw visitors to the area throughout the year. With its remodeled condition, diversified rental strategy, lake views, and desirable Walker location, this property presents an attractive opportunity for investors seeking established cash flow with additional income and long-term growth potential.

107 Minnesota Avenue E, Walker

Listing courtesy of Coldwell Banker Realty.

$349,000

An excellent opportunity to own a long-established local business with strong community roots. Family-owned and operated for 29 years, Northwoods Custom Meats serves Remer and the surrounding area with fresh meat cuts, jerky, brats, bacon, sauces, and custom meat processing. They also ship products direct to customers around the country. This turnkey business includes everything needed to continue operating profitably from its convenient Main Street location in Remer. As one of the few custom processors in northern Minnesota with both state and federal inspections, Northwoods Custom Meats can sell its products to retail and convenience stores. The sale includes $130,000 in equipment, approximately $40,000 in inventory, the building, and the adjacent lot, which provides room for future expansion. Inventory value may vary and will be determined at the time of sale. A one-bedroom apartment above the store offers added potential. With some care and updates, it could serve as living space for the new owner or generate additional rental income. See attachment for all equipment included in the sale. Additional lot to the east is also included for future expansion.

7130901 MLS

An excellent opportunity to own a long-established local business with strong community roots. Family-owned and operated for 29 years, Northwoods Custom Meats serves Remer and the surrounding area with fresh meat cuts, jerky, brats, bacon, sauces, and custom meat processing. They also ship products direct to customers around the country. This turnkey business includes everything needed to continue operating profitably from its convenient Main Street location in Remer. As one of the few custom processors in northern Minnesota with both state and federal inspections, Northwoods Custom Meats can sell its products to retail and convenience stores. The sale includes $130,000 in equipment, approximately $40,000 in inventory, the building, and the adjacent lot, which provides room for future expansion. Inventory value may vary and will be determined at the time of sale. A one-bedroom apartment above the store offers added potential. With some care and updates, it could serve as living space for the new owner or generate additional rental income. See attachment for all equipment included in the sale. Additional lot to the east is also included for future expansion.

111 Main St E Main St, Remer

Listing courtesy of Thunder Lake Realty.

$489,000

Commercial and residential opportunity in the heart of Walker! Located in a prime, high-visibility location just blocks from downtown, this well-maintained property offers outstanding flexibility for business owners, investors, or those looking for a live/work setup. The main level features adaptable commercial space with excellent street frontage, a welcoming entry, multiple offices or work areas, and a bathroom—making it well suited for a variety of permitted business uses. The lower level includes finished residential apartments with separate entrances, providing additional living space and flexibility for a variety of occupancy options. Ample off-street parking adds convenience for occupants, clients, and guests. Whether you're an entrepreneur looking to establish your business with residential space below or an investor seeking a well-located mixed-use property in one of northern Minnesota's most sought-after lake communities, this property is full of possibilities. Just minutes from Walker's shops, restaurants, marina, and area recreation, this is an exceptional opportunity in a thriving location.

7113706 MLS

Commercial and residential opportunity in the heart of Walker! Located in a prime, high-visibility location just blocks from downtown, this well-maintained property offers outstanding flexibility for business owners, investors, or those looking for a live/work setup. The main level features adaptable commercial space with excellent street frontage, a welcoming entry, multiple offices or work areas, and a bathroom—making it well suited for a variety of permitted business uses. The lower level includes finished residential apartments with separate entrances, providing additional living space and flexibility for a variety of occupancy options. Ample off-street parking adds convenience for occupants, clients, and guests. Whether you're an entrepreneur looking to establish your business with residential space below or an investor seeking a well-located mixed-use property in one of northern Minnesota's most sought-after lake communities, this property is full of possibilities. Just minutes from Walker's shops, restaurants, marina, and area recreation, this is an exceptional opportunity in a thriving location.

215 Garden Street, Walker

Listing courtesy of Bill Hansen Realty/Walker.

$315,000

Step into a rare opportunity to own a local icon with deep roots in the community. For 68 years, Mule Lake Store was a trusted gathering place for residents and visitors alike. Conveniently located on State Highway 84, this once-thriving business served as the go-to stop for customers from surrounding lakes. Though it has been closed for years, the potential to revive this beloved establishment remains. The store offers a charming covered deck perfect for enjoying pizza, fresh coffee, ice cream, or a soda. Inside, the space was once stocked with sporting goods, bait and tackle, gasoline, groceries, and even an ATM, making it a one-stop shop for outdoor enthusiasts and those needing everyday essentials. Attached to the store is a cozy two-bedroom home featuring a wood-burning fireplace, providing the perfect blend of work and home life. Surrounded by the pristine lakes of Cass County, this property is ready for someone with vision to bring it back to life. Whether you dream of reopening the store, transforming the space, or starting something entirely new, this is your chance to own not only a business but a piece of up-north history. The community awaits…

7075138 MLS

Step into a rare opportunity to own a local icon with deep roots in the community. For 68 years, Mule Lake Store was a trusted gathering place for residents and visitors alike. Conveniently located on State Highway 84, this once-thriving business served as the go-to stop for customers from surrounding lakes. Though it has been closed for years, the potential to revive this beloved establishment remains. The store offers a charming covered deck perfect for enjoying pizza, fresh coffee, ice cream, or a soda. Inside, the space was once stocked with sporting goods, bait and tackle, gasoline, groceries, and even an ATM, making it a one-stop shop for outdoor enthusiasts and those needing everyday essentials. Attached to the store is a cozy two-bedroom home featuring a wood-burning fireplace, providing the perfect blend of work and home life. Surrounded by the pristine lakes of Cass County, this property is ready for someone with vision to bring it back to life. Whether you dream of reopening the store, transforming the space, or starting something entirely new, this is your chance to own not only a business but a piece of up-north history. The community awaits…

3062 State Highway 84 NE, Longville

Listing courtesy of Heartland Real Estate.