Good Ol' Days Resort

26050 Oak Ln, Nisswa, MN 56468
$5,215,000
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Property Description

SVN | Northco is pleased to present the sale of Good Ol’ Days Resort ("Property"), a premier lakeside resort destination located in the heart of Nisswa, Minnesota. This exceptional property offers a collection of updated guest cottages and a lodge just steps from the shoreline. The resort’s accommodations provide spacious layouts, private outdoor spaces, and captivating lake views year-round. Guests enjoy a wide range of resort-style amenities including multiple sandy beaches, a variety of watercraft, outdoor recreation areas, and direct access to scenic walking and biking paths leading to downtown Nisswa in the popular vacation destination of the Brainerd Lakes Area of Minnesota. The property also benefits from strong year-round appeal, drawing visitors for both summer lake activities and winter escapes. With a proven track record of guest satisfaction, expansion potential, and a location in one of Minnesota’s most sought-after lake communities, Good Ol’ Days Resort represents a rare opportunity to own a high-performing hospitality asset in an unbeatable setting.

Highlights

  • Popular year-round lakeside resort located in one of the top vacation destinations in Minnesota, the Brainerd Lakes Area, offered at a 10% cap rate
  • Located on approximately 4.52 acres on Lower Cullen Lake with 14 modern guest cottages, main lodge and an additional rental unit in the house that was the former owner's residence - sleeps a total of 139 guests
  • The main lodge includes 8 guest rooms, a store, meeting room, screened porch, breakfast counter, laundry facilities, 3 garages and 3-bedroom manager’s quarters that also could be an additional rental unit
  • The 14 cottages include 2 and 3-bedroom options with full kitchens, vaulted great rooms, fireplaces, and patios facing the lake. They can also be rented in combination for a 5-bedroom unit option. Of the 14 cottages, 6 are privately owned and included in the resort's rental pool
  • Resort amenities feature sandy beaches, boat docks and pier, a swimming area, playgrounds, sports courts, walking paths, complimentary watercraft and bicycles, boat rentals, and direct access to adjacent bike path, the Paul Bunyan Trail, leading to downtown Nisswa’s shops, dining, and seasonal events
  • Additionally available, separate from the resort sale price, are four development lots for future expansion and revenue growth

Map

Location Description

The Property is located in Nisswa, Minnesota, on Lower Cullen Lake, in one of the most popular resort areas in the Midwest, the Brainerd Lakes resort area. Located in Central Minnesota, the Brainerd Lakes Area offers small-town charm that is nestled between some of the Midwest's best lakes. The Property is located roughly 18 miles from downtown Brainerd, 12 miles from downtown Pequot Lakes, 11 miles from Breezy Point, and it is less than a 2.5-hour drive from Minneapolis. Minnesota Highway 371 serves as a main route in the city. Other routes include County Roads 13, 18, 77, and 115.

Nisswa is well known as a tourist destination due to its many unique stores, including Stonehouse Coffee, a coffee shop and cafe that roasts beans in the store, as well as Adirondack Coffee, the first gourmet coffee shop in central Minnesota, an ice cream parlor and candy shop, The Chocolate Ox, and Zaiser's shoe store. The Paul Bunyan State Trail runs through Nisswa.

Lower Cullen Lake features excellent fishing, and guests of the resort are offered a plethora of recreational activities to partake in on the lake. It is one of the most secluded lakes in the Brainerd Lakes Area. Lower Cullen is the largest of the three lakes on the Cullen Lake Chain, with 560 acres of crystal clear water. There is channel access by fishing boat or canoe to Middle and Upper Cullen Lakes. The stream to the Gull Lake Chain begins on the grounds and can be explored by canoe and kayak. Lower Cullen has an excellent selection of game fish. It contains great fish-holding structures, including two sunken islands. We provide pontoon rental, motor rentals, a swim raft for sunning and fun, and a central dock system for fishing and convenient boat mooring.

Nearby airports include the Brainerd Lakes Regional Airport that is 21 miles away, Duluth International Airport 120 miles away, Minneapolis-Saint Paul International Airport 151 miles away and Hector International Airport in Fargo 155 miles away. 

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