$229,900
( $27.21Per Sq Foot )
 $1,234 est/mo Sourced by Back At You

49463 202nd Place,McGregor, MN 55760

McGregor, MN 55760

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Description

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.

Details

MLS #7106992
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1954
Days On Site77
Listing Provided ByLPT Realty, LLC | Tiffani M. Greener

Features

SQ Feet8,448
Story(s)2
Units1
ZoningBusiness/Commercial
Acreage1.65

Interior

CoolingCentral Air
HeatingForced Air

Exterior

RoofAge Over 8 Years, Architectural Shingle, Metal
Construction MaterialsFrame
Lot FeaturesTree Coverage - Light

Parking

Parking FeaturesGravel

Utilities

UtilitiesElectric Common

Taxes

Property2242

Area Information

StateMN
CountyAitkin
CityMcGregor
Zip Code55760
School District4
High SchoolMcGregor
Listing VS Median (in 55760)
Price:
$229,900
low | high
Med:
$359,900
6.546324488908% of Average
sqft:
8,448
low | high
Med:
2,328
100% of Average
$ / sqft:
$27
low | high
Med:
$155
100% of Average
On site:
77
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 55760

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 1, 2026 at 9:24:21 PM PDT 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.

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Learn More About This Property

StateMN
CountyAitkin
CityMcGregor
Zip Code55760
School District4
High SchoolMcGregor
Listing VS Median (in 55760)
Price:
$229,900
low | high
Med:
$359,900
6.546324488908% of Average
sqft:
8,448
low | high
Med:
2,328
100% of Average
$ / sqft:
$27
low | high
Med:
$155
100% of Average
On site:
77
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $172K - $287K
sqft: 6,000 - 10,500
Nearby Listings Property ImageNearby Listings Details
49463 202 Nd Place Property Photo 1
$229,900
49463 202 Nd Place
Mcgregor, MN 55760
Listing Updated: September 29, 2026 at 6:13:03 AM PDT
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