49463 202nd Place McGregor, MN 55760

$248,900
Active
 |  MLS # 6817253
Active
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About The Listing

NO CD'S...cash sale preferred. Septic is not compliant to todays codes, still works but new buyer will have to install and pay for it. Cost and size depends on what the intended use will be. Call agent for more informatin regarding septic. Kitchen does need to have ServPro out to clean/polish up since it has been 5+ years since it been used to its full potential. Kitchen equiptment worked 5+ years ago( stopped using during covid), fire supression system needs to be brought to code.( bid in the supplements) Upper level has a 1 bedroom, 3/4 bath, living room living quarters. Does need some TLC but with the right vision you could bring this historic gem back to its full glory. Vaulted ceilings with stunning log beams, log interior with 2 spacious bars, lots of seating, booths high and low tables, stage for a band/DJ, large area for a dance floor, this would be optimal space to host events, dart tournaments, pool league, bag league, add a patio out front for people to enjoy the lakes area outdoor beauty. Currently On/off sale liquor license, gambling license and restaurant license. All licensees have to be applied with a new owner. Mcgregor area has many events all year long to bring revenue to the area ~ snowmobile side by side runs, vintage run, poker run, many lakes, trails for all type of entertaiment. Sold as is - owner is not making any concessions to any repairs needed. New septic will be new owner’s responsibility. We are obtaining bids. Food and beverage is sold seperate.


Listing courtesy of Tiffani M. Greener, LPT Realty, LLC
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1954
MLS #: 6817253
Garage Spaces: 0
Parking Description: Gravel
Sewer Description: Mound Septic, Septic System Compliant - No
Air Conditioning Type: Central Air
Water: Drilled, Private, Well
Heat Type: Forced Air
Basement: None
Foundation Type: Block
Construction Description: Frame
Roof Description: Age Over 8 Years, Architectural Shingle, Metal
Days On Market (Continuous): 770
Disability Features: No Stairs External
Latest Update: 05/27/2026
List Date: 11/12/2025
Listing Agent ID: 496503069
Listing Office: LPT Realty, LLC
Listing Office ID: 253015
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Flooring: Vinyl
Exterior Features: Wood
Lot Dimensions: 200x367x200x660
Lot Size: 1.65 Acres
Lot Features: Tree Coverage - Light
School District: McGregor
Tax Year: 2025
Estimated Taxes: $2,242
Contingency Type: None
City: McGregor
Zip: 55760
County: Aitkin
State: MN
Listing last updated: 05/27/26

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