49463 202nd Place, McGregor, MN

$229,900

8,448

Square feet

1.65

Acres

About 49463 202nd Place

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.

Features of 49463 202nd Place

MLS® # 7106992
Price $229,900
Square Footage 8,448
Acres 1.65
Year Built 1954
Type Commercial
Status Active
Contingency Type None

Community Information

Address 49463 202nd Place
City McGregor
County Aitkin
State MN
Zip Code 55760

Amenities

Utilities Electric Common
Parking Gravel
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Features Wood
Lot Description Tree Coverage - Light
Roof Age Over 8 Years, Architectural Shingle, Metal
Construction Frame

School Information

District McGregor

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $2,242
Tax Year 2025
Office LPT Realty, LLC

Listing Details

OfficeLPT Realty, LLC

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