16730 US 2, Bagley, MN 56621 (MLS# 7039376)

16730 US 2, Bagley, MN 56621

$690,000

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Property Type: Commercial Square Footage: 10,205 Lot Size (sq. ft.): 71,438 Status: Active

Current Price: $690,000 List Date: 3/20/2026 Last Modified: 6/26/2026

Overview

Description

Exceptional Commercial Opportunity | 10,205 SF | Prime Highway 2 Visibility Positioned on a highly visible and well traveled corridor along Highway 2, this beautifully designed 10,205 square foot property presents a rare opportunity to acquire a turnkey restaurant and event venue with exceptional flexibility for future use. Currently configured as an elegant dining establishment, the space features a thoughtfully designed restaurant layout complemented by a warm, inviting bar area and a charming event space. Ideal for private gatherings, celebrations, or expanded hospitality concepts. The ambiance strikes a balance between sophistication and comfort. For those with a broader vision, the property offers significant potential for adaptive reuse. With its strong infrastructure, generous square footage, and functional layout, it could be reimagined as medical or professional office space, a specialty retail destination, or a customized business headquarters tailored to your needs. ... (Read more) Exceptional Commercial Opportunity | 10,205 SF | Prime Highway 2 Visibility Positioned on a highly visible and well traveled corridor along Highway 2, this beautifully designed 10,205 square foot property presents a rare opportunity to acquire a turnkey restaurant and event venue with exceptional flexibility for future use. Currently configured as an elegant dining establishment, the space features a thoughtfully designed restaurant layout complemented by a warm, inviting bar area and a charming event space. Ideal for private gatherings, celebrations, or expanded hospitality concepts. The ambiance strikes a balance between sophistication and comfort. For those with a broader vision, the property offers significant potential for adaptive reuse. With its strong infrastructure, generous square footage, and functional layout, it could be reimagined as medical or professional office space, a specialty retail destination, or a customized business headquarters tailored to your needs. Investors and owner-users alike will appreciate the ability to strategically demize the building, occupy a portion for your own operations while generating supplemental income by leasing the remaining space. It’s a smart approach that blends operational control with long term cash flow. Situated on a beautifully maintained lot, the property offers ample, well lit parking and excellent access, ensuring convenience for customers, staff, and tenants alike. Its prominent visibility along Highway 2 provides strong exposure and consistent traffic, an invaluable advantage for any business. Opportunities with this level of versatility, presence, and potential are increasingly rare in today’s market. Bring your vision, and transform this property into your next successful venture. Building was gutted and renovated in 2003 with additions. Pavilion was built in 2007. Has six natural gas heating and cooling roof-mounted units. In-floor heat gas boiler system. New septic system in 2023.

Listing Details MLS# 7039376

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 50
Owner Occupied: No
Waterfront YN: No
Year Built: 1975
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 10205
For Sale or Lease: For Sale
Acres: 1.64
Lot Dimensions: 250 x 440
Assessment Pending: Yes

Property Features

Accessible: Doors 36"+; Fully Wheelchair; Hallways 42"+; No Stairs Internal Air Conditioning: Central Air Assumable Loan: Not Assumable CMU Style: Business Opportunity; Freestanding; Single Occupancy Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Materials: Block; Brick Construction Status: Previously Owned Current Use: Vacant Exterior: Block; Brick/Stone; Stucco Foundation: Slab; Other Fuel: Natural Gas Heating: Boiler; Forced Air; In-Floor Heating Internet Options: Fiber Optic Loan Terms: Cash; Conventional Location Description: Free Standing Miscellaneous Information: Alarms On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Paved Lot Potential Use: Grocery; Income; Lounge/Bar; Professional; Rest/Lounge; Restaurant; Retail; Shop Sewer: Private Sewer; Tank with Drainage Field Stories: One Water: 4-Inch Submersible; Drilled; Private; Well

Contract Information

Contingency: None
ListPrice: 690000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 16730
Street Name: US 2
Postal City: Bagley
County: Clearwater
State: MN
Zip Code: 56621

Assessments

Assessment Installment: 230
Tax With Assessments: 5358

Basement

Foundation Dimensions: 76' x 167'

More Information

Building Information

Building Finished SqFt: 10205
Building SqFt: 10205

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 38
Section#: 25
Township#: 147

Sale Options

Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land

Unit Details

Total Units: Yes

Listing Office: SJ Commercial Advisors

Last Updated: June - 26 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

16730 US 2, Bagley, MN 56621 (MLS# 7039376)