Superior Shores Resort

 

1521 Superior Shores Drive

 

Two Harbors, MN 55616

 

PRICE:
$17,450,000
NUMBER OF ROOMS:
234
BUILDING SIZE:
100,000 SF
PROPERTY TYPE:
Resort
TOTAL LOT SIZE:
30 Acres

Highlights:

 

  • Sale includes $10.50 million of Burlington Bay condo inventory and $7.20 million of Lodge condo inventory
  • The hotel/resort business brings in in excess of $1.4 million in EBITDA. Existing facilities consist of a lodge suite hotel, conference center, bar & restaurant, lounge, indoor pools, luxury condos, plus many other amenities
  • The Conference Center boasts 3,600 square feet of flexible meeting space and it is located next to the lake on the first floor of the Main Lodge. Dividing walls can be utilized to provide five individual meeting rooms, one large meeting room, or a combination of general session and breakout rooms to suit groups of 5 to 250
  • All units in rental pool & RCI vacation platform – the largest vacation exchange network in the world
  • The sale includes Kamloops Restaurant with its casual, family-friendly atmosphere. The restaurant includes the area’s largest outdoor patio that features a spectacular view of Lake Superior
  • Premier vacation area with a variety of activities including: Gooseberry Falls, Lift Bridge, Canal Park, skiing, fishing, hiking, hunting, & golf
  • Additional PUD development land available for an additional $2MM – development land includes 1300′ of shoreline that is approved for additional development which can include 68 additional condos, a 70 room hotel with indoor water park, conference center, theater complex, health spa, and retail
  • 4100′ of Lake Superior shoreline

Description:

 

SVN | Northco is pleased to present for sale the Superior Shores Resort and Conference Center and Burlington Bay Condominiums which are situated on approximately 30 wooded acres in Two Harbors, MN.

Two Harbors, and the North Shore of Lake Superior more generally, are well-known Midwestern vacation destinations. Highway 61, which runs through the town of Two Harbors, connects Duluth with the rest of the destinations on the North Shore.

Superior Shores and the Burlington Bay Condominiums are located in Two Harbors, MN on the shores of Lake Superior, which is the largest freshwater lake in the world. The Duluth/Two Harbors area, along with the North Shore, are premier vacation areas with a variety of activities including: Canal Park, the Duluth Lift Bridge, Gooseberry Falls, Skiing, Fishing, Hiking, Hunting, Golf, and much more.

 

Two Harbors is located only 30 minutes north of Duluth and a mere 2.5 hours from the Twin Cities of Minneapolis/St Paul and its 4,000,000 residents. In addition, Two Harbors is located approximately 65 miles from Lutsen, MN (and the Lutsen Mountains ski area) and roughly 260 miles from Thunder Bay, Ontario.

 

The Richard B Helgeson Airport is located 4 miles NW of downtown Two Harbors and services the local area.

 

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