Wendigo Resort Conference Center & Golf
GRIFFIN COMPANIES
cbcgriffinbusinessbrokerage.com
FOR SALE 20108 Golf Crest Road Grand Rapids, MN 55744
Coldwell Banker Commercial
Griffin Companies
Michael N. Palm, Sr.
Senior Vice President—Business Brokerage Group
612-904-7814 [email protected]
PREPARED BY:
Michael N. Palm, Jr.
Business Broker—Business Brokerage Group
612-904-7818 [email protected]
Business Brokerage Group
GRIFFIN COMPANIES PROPERTY NAME
cbcgriffinbusinessbrokerage.com
2
Wendigo Resort Conference Center & Golf
THE PROPERTY
Wendigo Resort Conference Center & Golf 20108 Golf Crest Road Grand Rapids, MN 55744
PROPERTY SPECIFICATIONS
Property Type: Hospitality/Resort
Building Size: 75,000 SF
Land: 268+ acres
County Itasca
LOCATION INFORMATION
Sale Price: $2,495,000
PRICE
PROPERTY DETAILS
We are pleased to present this great opportunity to
reopen this incredible resort property on 268+ acres in
Grand Rapids. Complete with banquet, conference and
kitchen to serve over 300+ guests. The property
includes a guest hotel/lodge with 40 guest rooms
including 8 suites with Jacuzzi tubs. There is a
separate lodge including restaurant, bar and pro shop.
The property needs investment to reopen as it was
fully winterized in 2014 and last operated in 2012.
There is also the opportunity to rebuild several
townhomes/duplex/quad residential units not included
in this list price. • Restaurant & Lounge • Bar & Grill • Ball room seats and serves up to 425 guests • Indoor/Outdoor wedding facilities • Nearby snowmobile trails leading to the Lodge • 5 miles of interlocking cross country ski trails • Few miles from shopping, museums, casinos
GRIFFIN COMPANIES PROPERTY NAME
cbcgriffinbusinessbrokerage.com
3
Wendigo Resort Conference Center & Golf
PROPERTY OVERVIEW
PROPERTY PHOTOS
Golf Course, Resort, Conference Center
GRIFFIN COMPANIES PROPERTY NAME
cbcgriffinbusinessbrokerage.com
4
Wendigo Resort Conference Center & Golf
PROPERTY OVERVIEW
PROPERTY PHOTOS
Restaurant & Lodging
GRIFFIN COMPANIES PROPERTY NAME
cbcgriffinbusinessbrokerage.com
5
Wendigo Resort Conference Center & Golf
MAPS & AERIALS
GRIFFIN COMPANIES PROPERTY NAME
cbcgriffinbusinessbrokerage.com
6
Wendigo Resort Conference Center & Golf
CONTACT INFORMATION
For more information, please contact:
Michael N. Palm, Sr. Senior Vice President—Business Brokerage Group COLDWELL BANKER COMMERCIAL Griffin Companies 6009 Wayzata Boulevard, Suite 1 Minneapolis, MN 55416 Phone: (612) 904-7814 Fax: (612) 338-5288 Mobile: (612) 819-0706 [email protected] Michael N. Palm, Jr. Business Broker—Business Brokerage Group COLDWELL BANKER COMMERCIAL Griffin Companies 6009 Wayzata Boulevard, Suite 1 Minneapolis, MN 55416 Phone: (612) 904-7818 Fax: (612) 338-5288 Mobile: (612) 991-3296 [email protected]
Mike Palm, Sr. (right) and his son Mike, Jr. (left) received the #1 Bronze Circle of Distinction Award from President of Coldwell Banker Commercial, Fred Schmidt (middle), at the recent CBC Worldwide Conference in Las Vegas. In addition, Mike Sr. was recognized as the #1 Ranked Agent in Minnesota and was the #1 Ranked Agent in the Hospitality Market Segment in North America.
Leading the way in Name Recognition Coldwell Banker Commercial (CBC®) continues to remain an industry leader among commercial estate service providers. The results below detail the Coldwell Banker Commercial organization’s leadership position in aided brand awareness among readers of National Real Estate Investor (NREI) and The Wall Street Journal.
LEADER IN BRAND AWARENESS
Source: Base: Total respondents (1,231); independent market research firm Beta Research Corp., in conjunction with The Wall Street Journal’s marketing department, conducted this national survey among top and middle manager Journal subscribers responsible for their
organization’s corporate real estate purchase decisions. Fielded July-August 2011; 61% response rate. Based on a sample of 1,231
respondents with a margin of error of +/- 2.8% at 95% confidence level.
Source: Penton Media conducted the survey on behalf of the Coldwell Banker Commercial brand. The survey targeted commercial real estate developers, owners, managers and corporate users from 09/06/12 through 09/25/12. Based on a sample of 133 respondents with a
margin of error of +/- 8.4% at the 95% confidence level.
NREI: "Which commercial real estate companies have you heard of?"
The Wall Street Journal: “With which brands are you very / somewhat familiar?”