The nine-hole, Duluth, Minn., golf course closed last season, and features 69 acres of lakefront property with more than 1,000 feet of shoreline. The land is zoned as shoreland multiple use, which would allow residential and commercial developments.
Touted as a “rare development opportunity,” the Pike Lake Golf Course in Duluth, Minn., is being offered for sale for $1.95 million, the Duluth News Tribune reported.
“We just put it on the market last week,” said Trevor Samsa, who is representing the property for Greg Follmer Commercial Real Estate. “There’s been quite a bit of interest in the property so far.”
Though it was announced in March that the shuttered golf course in Canosia Township would go up for sale, the price tag has just been affixed to the lakeside links. The nine-hole course, owned by AAA, sits on nearly 69 acres of lakefront property that includes more than 1,000 feet of shoreline. The course closed for good at the end of last season, the News Tribune reported.
It’s possible that the buyer of the property would not leave the land as a golf course, at least not as it lies today, the News Tribune reported.
“This parcel includes gorgeous beachfront, a clubhouse, pavilion and cabana buildings,” reads a promotional flyer from the real estate firm. “This rare development opportunity has much potential including a private club, housing, etc.”
The land is zoned as shoreland multiple use, which would allow planned or standalone residential and commercial developments, though the township board would have to issue a permit, the News Tribune reported.
Samsa said there already have been offers on the property, and some of the interest is local. Canosia Township board chair Kevin Comnick said earlier this year that there were nascent efforts underway to preserve the course, the News Tribune reported.