Federal Dam, MN 56641 2 4th Ave E

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Presented By: Real Broker,LLC
  • MLS# 7025486
  • 02/23/2026
  • Request Tour
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  • Beds • 3
  • Baths • 3
  • SQFT • 672
  • Garage • 2

Home Details

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, 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!
Presented By: Real Broker,LLC

Interior Features for 2 4th Ave E

Bedrooms

Total Bedrooms3

Bathrooms

1/4 Baths0
3/4 Baths2
Bath DescMain Floor 3/4 Bath, Main Floor Full Bath
Half Baths
Total Baths3

Other Interior Features

Above Grade Finished Area672
BasementCrawl Space
Basement (Y/N)No
Below Grade Finished Area0
Fireplace Y/NNo
FuelElectric, Propane
Garage Dimensions24x40
Garage Door Width9
Garage Square Feet960
Laundry FeaturesCommon Area, Laundry Room, Main Level
Total Fireplaces

Other Rooms

Dining Room DescriptionKitchen/Dining Room

General for 2 4th Ave E

AccessibilityNo Stairs Internal
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
CityFederal Dam
Construction MaterialsFrame
ContingencyNone
CoolingDuctless Mini-Split
CountyCass
DirectionsFrom US Hwy 2, go south on Co Rd 8 NE to sign on left.
ElectricCircuit Breakers, 200+ Amp Service
Full Baths1
Garage Spaces2
HOANo
HOA Fee$
HeatingDuctless Mini-Split, Forced Air
High School DistrictNorthland Community Schools
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area672
Lot Size UnitsAcres
New ConstructionNo
Other StructuresGarage(s), Other, Storage Shed
Pool FeaturesNone
PostalCityFederal Dam
Property Attached Y/NNo
Property SubtypeSingle Family Residence
Property TypeResidential
RoofAge 8 Years or Less, Asphalt, Metal, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameOriginal
Tax Annual Amount492
Tax Year2025
Year Built1950
Zoning DescriptionBusiness/Commercial, Residential-Single Family

Exterior for 2 4th Ave E

Cultivated Area
FencingChain Link, Partial, Wood
Foundation Area672
Lot Dimensions120x200
Lot FeaturesCorner Lot
Lot Size Area0.505
Parking FeaturesAttached Garage, Concrete
Pasture Area0
Road Frontage TypePaved Streets
Road ResponsibilityPublic Maintained Road
Water SourcePrivate
Wooded Area0

Additional Details

Price History

John Wichmann

Agent
Price $325,000
MLS#7025486
List Date 02/23/2026
Property Type Single Family
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