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14694 Vosburgh Rd - Williams and Hall Outfitters

10,000 SF Speciality Building Offered at £3,028,082 at a 11.62% Net Initial Yield in Ely, MN 55731

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Investment Highlights

Business/Operations (11.62% Cap Rate) / 5 Bed and 3 Bath Home / ±2.14 AC of Development Land
Located in the premier wilderness vacation area on 3.45 acres in Ely, MN on 500 feet of beautiful Moose Lake Shoreline
Specializes in providing equipment, services, and expertise for those venturing into the Boundary Waters Canoe Area Wilderness (BWCAW)

Notable outfitting and lodging business in an adventure seeker's paradise
Lodging accommodations up to 109 individuals

Executive Summary

SVN | Northco is pleased to present Williams and Hall Outfitters ("Property"), a premier Boundary Waters Canoe Area Wilderness Outfitter in Ely, Minnesota located on 500 feet of Moose Lake shoreline. The Property is a well-known outfitting service that specializes in providing equipment, services, and expertise for those venturing into the Boundary Waters Canoe Area Wilderness (BWCAW) and the Quetico Provincial Park, which is just across the border in Ontario, Canada. The business has been on the shores of Moose Lake for approximately 60 years and consists of a great lodge, full-service dining room, retail store equipped with ultra-lightweight canoes, and camping equipment and food for each trip. The resort is seasonal and runs from mid-May to early October each year. When planning a trip to the Boundary Waters Canoe Area Wilderness or Quetico Provincial Park, an outfitter like Williams and Hall can be a valuable resource, providing you with the necessary equipment, knowledge, and support to make your adventure safe and enjoyable.

Sale Brochure - Williams and Hall Outfitters

Property Facts

Price	£3,028,082	Property Subtype	Lodge/Meeting Hall
Price Per SF	£303	Lot Size	3.45 AC
Sale Type	Investment	Building Size	10,000 SF
Net Initial Yield	11.62%	Number of Floors	2
Sale Conditions	Business Value Included	Year Built	1973
Property Type	Speciality

Price	£3,028,082
Price Per SF	£303
Sale Type	Investment
Net Initial Yield	11.62%
Sale Conditions	Business Value Included
Property Type	Speciality
Property Subtype	Lodge/Meeting Hall
Lot Size	3.45 AC
Building Size	10,000 SF
Number of Floors	2
Year Built	1973

About 14694 Vosburgh Rd , Ely, MN 55731

Williams and Hall Outfitters is located on the shore of Moose Lake approximately 20 miles north of Ely, Minnesota on the Fernberg Trail. Ely, Minnesota, is a city located in the northeastern part of the state, known for its beautiful natural surroundings and outdoor recreational opportunities, including the nearby Boundary Waters Canoe Area Wilderness (BWCAW) and the Superior National Forest. The Boundary Waters Canoe Area Wilderness (BWCAW) is a vast wilderness area located in the northern part of the Superior National Forest in northeastern Minnesota, United States. It is renowned for its pristine lakes, rivers, forests, and abundant opportunities for outdoor recreation including camping, fishing, hiking, and portaging with the primary activity in the BWCAW being canoeing and kayaking. There are more than 1,200 miles of canoe routes, with over 1,000 lakes and countless rivers and streams. Paddlers can explore the interconnected waterways, enjoying the serene beauty of the region. The Property is located within one-half mile of the border of the Boundary Waters Canoe Area Wilderness. A motorized boat can take you non-stop from the dock into the Boundary Waters or to the Prairie Portage entry point into Quetico Provincial Park. Quetico Provincial Park is a wilderness park located in northwestern Ontario, Canada, adjacent to the Boundary Waters Canoe Area Wilderness (BWCAW) in Minnesota, United States. It is renowned for its pristine natural beauty, rugged terrain, and extensive canoe routes. Proximity to larger cities: 100 miles north of Duluth, MN 245 miles northeast of Minneapolis, MN 275 miles northeast of Fargo, ND 300 miles southwest of Thunder Bay, ON Airports in close proximity include Range Regional Airport (70 miles), Duluth International Airport (100 miles), and Falls International Airport (135 miles).