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14694 Vosburgh Rd - Williams and Hall Outfitters 10,000 SF Specialty Building Offered at $2,476,476 CAD at a 15.02% Cap Rate in Ely, MN 55731



Investment Highlights
- Business/Operations (15.02% 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, & expertise for those venturing into Boundary Waters Canoe Area Wilderness and Quetico Provincial Park
- Notable outfitting and lodging business in an adventure seeker's paradise
- Lodging accommodations up to 120 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.
LOCATION DESCRIPTION:
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).
LOCATION DESCRIPTION:
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).
Property Facts
| Price | $2,476,476 CAD | Property Subtype | Lodge/Meeting Hall |
| Price Per SF | $215.72 CAD | Lot Size | 3.45 AC |
| Sale Type | Investment | Building Size | 11,480 SF |
| Cap Rate | 15.02% | No. Stories | 3 |
| Property Type | Specialty | Year Built | 1963 |
| Price | $2,476,476 CAD |
| Price Per SF | $215.72 CAD |
| Sale Type | Investment |
| Cap Rate | 15.02% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Lot Size | 3.45 AC |
| Building Size | 11,480 SF |
| No. Stories | 3 |
| Year Built | 1963 |
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,350,230 CAD | |
| Land Assessment | $439,162 CAD | Total Assessment | $1,789,392 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$439,162 CAD
Improvements Assessment
$1,350,230 CAD
Total Assessment
$1,789,392 CAD
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14694 Vosburgh Rd - Williams and Hall Outfitters
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