PARK RAPIDS, Minn. — A portion of 3M’s former corporate retreat in northern Minnesota has been sold for $4 million.
Billion Real Estate Holdings LLC of Sioux Falls, South Dakota, acquired 154.25 of 187.2 acres at 3M Wonewok, on Big Mantrap and Petit lakes north of Park Rapids, according to the Minneapolis-St. Paul Business Journal.
The $4 million deal closed on Nov. 13, according to the Journal. The title was recorded on Dec. 8, according to the Hubbard County Property Records Department. The county’s total estimated value of the four parcels and commercial buildings was $10,056,800.
Originally a 680-acre executive getaway, the property was first placed on the market in 2023.
The sale includes 15 primary buildings dispersed throughout the property, with a gross combined building area of 58,622 square feet. According to Colliers, where the property was listed, this includes 36 fully appointed guest rooms, six cottages and numerous activity facilities, such as a trap-shooting range, tennis courts, lodge, restaurant, driving range and putting green.
In February 2025, Minnesota Land Trust and Northern Waters Land Trust purchased 431 acres from 3M. The 16 parcels have been donated to the Minnesota Department of Natural Resources to create a new Mantrap Lake Wildlife Management Area.
3M, a Minnesota-based Fortune 500 company, relisted the remaining property in July 2025.
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