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8,448 sqft

$229,900

49463 202nd Place, Mc Gregor MN, 55760

Price per sqft$27.21
Built in1954
Property size8,448 sqft
Property typeCommercial
Courtesy of LPT Realty, LLC, Tiffani M. Greener Listing Contact:

Overview

Active

Listed Jul 14, 2026

Updated 2 weeks ago

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.

Other Property Details

Taxes
$2,242
Tax Frequency
Annually
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Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 7:29 AM UTC on 9/22/2026. 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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