49463 202nd Place, Mcgregor, MN 55760 (MLS# 7106992)

49463 202nd Place, Mcgregor, MN 55760

$229,900
Property Type: Commercial Square Footage: 8,448 Lot Size (sq. ft.): 71,874 Status: Active
Current Price: $229,900 List Date: 7/16/2026 Last Modified: 9/21/2026

Overview

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 ...

Listing Details MLS# 7106992

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
35
Owner Occupied
No
Waterfront YN
No
Year Built
1954
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8300
For Sale or Lease
For Sale
Acres
1.65
Lot Dimensions
200x367x200x660
Assessment Pending
No

Property Features

Accessible: No Stairs External Air Conditioning: Central Air Amenities Unit: Kitchen Center Island; Kitchen Window; Vaulted Ceiling(s) Assumable Loan: Not Assumable Basement: None CMU Style: Business Opportunity; Freestanding 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: Frame Construction Status: Previously Owned Current Use: Commercial; Event Space; Tavern/Lounge Exterior: Wood Flooring: Vinyl/Linoleum Foundation: Concrete Block Fuel: Propane Heating: Forced Air Internet Options: Cable; DSL; Fiber Optic; Satellite Loan Terms: Cash Location Description: Free Standing Lot Description: Tree Coverage - Light Miscellaneous Information: Building Sign; Exterior Lighting; Kitchen Facilities On Site Utilities: Electric Common Parking Characteristics: Gravel Lot Potential Use: Income; Lounge/Bar; Office; Professional; Rest/Lounge; Restaurant; Retail Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Architectural Shingle; Metal Sewer: Mound Septic; Septic System Compliant - No Stories: Two Wall Description: Drywall; Paneling; Wood Water: Drilled; Private; Well

Contract Information

Contingency
None
ListPrice
229900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
49463
Street Name
202nd
Street Suffix
Place
Postal City
Mcgregor
County
Aitkin
State
MN
Zip Code
55760

Assessments

Tax With Assessments
2242

Building Information

Building Finished SqFt
8448
Building SqFt
8448
Ceiling Height
16-20

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
23
Section#
17
Township#
49

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Inventory, Land

Unit 1

No. of 1 Bedroom Units
Yes

Unit Details

Total Units
Yes
IDX
Listing Office: LPT Realty, LLC
Last Updated: September - 21 - 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.
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