Quote:
Originally Posted by FlyingScot
It was a motel with cabins years ago, wasn't it?
A couple of things give me pause here:
I don't understand how a restaurant opens without at least a 5 year lease with options on another 5 or 10 after that. That was a large investment without any time to get a return.
Condos and/or hotel will have very low value without the waterfront across the street. Melvin Village is not exactly the hottest spot on the map. Does anyone know how the owners are using the waterfront now? Looks like a large home
|
Yes it was. Carl Hansen built it as well as his own house in back. And airport I might add. He also had property right to the lake which I think was cabins and then he built a house for himself there also. There IS a large home, maybe a couple cottages are still there?