Soudan MN Multi Family for Sale

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Type:
Other
Sq.Ft.:
8,588
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1891
Baths:
MLS#:
6636453
Subdivision:
Soudan

ADDITIONAL INFORMATION

Historic Vermilion Park Inn – Once a Hospital, Now a Fully Restored Hospitality Gem Originally built in 1891 as the Soudan Miner’s Hospital, this remarkable property has been lovingly transformed into the Vermilion Park Inn. Steeped in local mining history yet fully updated for contemporary comfort, the Inn offers an extraordinary opportunity for those seeking a turnkey hospitality venture, event space, or an unforgettable boutique lodging experience in Northern Minnesota. Historic Character & Modern Amenities Carefully restored to preserve its timeless charm, this property features exquisite woodwork, original architectural elements, and an inviting atmosphere. Modern improvements include updated plumbing, electrical systems and more. Each of the 12 bedrooms and 11 baths are tastefully furnished with global artwork, TVs, desks, and cozy beds. A few personal pieces are excluded, but the vast majority of furnishings remain, making this a ready-to-go operation. Versatile Spaces Beyond guest accommodations, the property includes a comfortable lounge, dining room, and 2 kitchens, ensuring guests feel at home. A separate-entry efficiency apartment presents an ideal owner’s quarters or premium guest suite. The entertainment/party hall and classroom spaces provide flexible options for workshops, retreats, family reunions, and intimate events. A three-car garage offers ample storage for vehicles, gear, or business needs. A True Destination Nestled in the scenic town of Soudan, the Inn places guests minutes from the historic Soudan Underground Mine, Fortune Bay Casino, and countless outdoor adventures. Surrounded by lush forests, lakes, and the famed Mesabi Trail, guests enjoy year-round activities—from summer biking and hiking to winter snowmobiling and more. The serene beauty of Northern Minnesota, combined with the Inn’s warm hospitality, creates a truly distinctive experience that keeps visitors returning. Retreats, Events & More Host quilting, scrapbooking, and crafting retreats, or invite nature lovers to explore the region’s trails and wildlife. The Inn’s welcoming common areas, cozy ambiance, and flexible spaces make it perfect for weddings, celebrations, or business gatherings. The blend of historic elegance and modern functionality sets an enchanting stage for any occasion. Your Turnkey Opportunity The Vermilion Park Inn stands as a living piece of Minnesota history, lovingly reinvented for today’s traveler. Fully furnished, beautifully updated, and brimming with character, it awaits an owner ready to continue its legacy—whether as a thriving bed and breakfast, a tranquil seasonal retreat, or a unique destination for special events. Experience the best of Northern Minnesota hospitality. Contact us today to explore this rare chance to own a lovingly restored, historically significant Inn that promises both personal satisfaction and business potential. Make sure to check out the Matterport and Cinematic Video walkthroughs!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2025, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Soudan Real Estate

The median home value in Soudan, MN is $95,800. This is lower than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Soudan, MN is $95,800. Approximately 70.88% of Soudan homes are owned, compared to 12.63% rented, while 16.49% are vacant. Soudan real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Soudan real estate agent to arrange a tour today!

Soudan, Minnesota has a population of 483. Soudan is less family-centric than the surrounding county with 24.14% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Soudan, Minnesota is $49,479. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Soudan is 44.5 years.

Soudan Weather

The average high temperature in July is 77.2 degrees, with an average low temperature in January of -8.6 degrees. The average rainfall is approximately 28.5 inches per year, with 62.3 inches of snow per year.

Soudan Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    3
    30-day change

Soudan Schools and Demographics

Education near Soudan, MN

Metric City County
High School Graduates 96.23 94.63
College Degree - 2 year 19.42 13.09
College Degree - 4 year 16.81 31.2
Graduate Degree 2.61 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Soudan, MN

School Grades Students P/T Ratio ZIP
Babbitt Elementary School PK - 06 128 13.2 55706
Tower-Soudan Elementary School PK - 06 84 9.2 55790

High Schools near Soudan, MN

School Grades Students P/T Ratio ZIP
Northeast Range Secondary 07 - 12 152 14.7 55706
Vermilion Country School 07 - 12 58 9.7 55790

Demographics near Soudan, MN

Metric City County
Neighborhood Type Small town
Population 483 200,311
Population Density 710 32
Median Age 44.5 40.9
People per Household 2 2.2
Median Household Income 49,479 61,213
Average Income per Capita 33,145 34,816