Date
Details
Price
Change
Source
10/19/2026
Listed
$269,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/88
$269,900 Just Listed
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Property Description
Exceptional Turnkey Bar & Entertainment Business with Income-Producing Apartments An exceptional commercial turnkey opportunity! Following the forfeiture of a previous contract for deed, the sellers have repossessed the property and completed extensive cosmetic and operational upgrades throughout the establishment. Community support has been overwhelming, with patrons welcoming the owners back and contributing to a substantial increase in daily revenue. Business & Revenue Highlights Established Entertainment Destination: Successfully hosts weekly dart and pool tournaments, live band performances, birthday parties, and baby showers. The business also plans to introduce meat raffles and bingo events, creating additional opportunities to attract patrons, increase traffic, and grow revenue. Multiple Revenue Streams: In addition to food and beverage sales, the establishment offers pull tabs and electronic pull tabs (e-tabs) to its patrons, providing an additional source of business income and enhancing the overall entertainment experience. Food & Beverage Operations: Currently serving pizza and light food items, with significant potential to expand the menu and increase sales. Value-Add Kitchen Opportunity: Features a designated kitchen area currently plumbed with a sink, offering excellent potential for expanded food service. Buyers interested in developing a more extensive menu are encouraged to consult local city and health officials regarding licensing, equipment, and layout requirements for commercial food preparation. This space offers an opportunity to tailor food service to a buyer's vision. Immediate Rental Income: Includes two fully leased, income-producing residential apartments on-site, providing an additional revenue stream alongside the bar and entertainment business. Growth Potential: With established community support, multiple entertainment offerings, food and beverage sales, pull-tab and e-tab income, and residential rental revenue, this property presents an exciting opportunity for an owner-operator or investor to build on an established business and explore additional revenue opportunities.
Full Property Details
Full Property Details for 209 2nd St
General
- Price: $269,900
- Taxes: $2,693 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7162218
- Updated: 10/22/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Cooktop, Range, Refrigerator
- Flooring: Carpet, Concrete Slab, Floor Drains, Tile, Vinyl
Additional Information
- Amenities: Patio
Exterior
- Porch/Patio/Deck: Patio
Parking
- Garage: Yes
- Garage Description: 22 x 24
- Garage Spaces: 2
- Parking Features: Detached Garage, Gravel, Parking Lot
Location
- County: Itasca
- Township: Bovey
- Subdivision: Bovey
- Driving Directions: From Grand Rapids North on 169 to Bovy take a left on 2nd Avenue to 2nd Street on your left.
School Information
- School District: 316 - Greenway
- High School District: Greenway
Heating & Cooling
- Cooling Type: None
- Heating Type: Boiler, Forced Air, Radiator
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Exterior Const.: Block, Other, Brick, Concrete, Stone
- Foundation Size: 4554
- Roof: Age Over 8 Years
- Disability Access: Wheelchair Ramp(s)
- Square Feet: 4,554
- Finished Down/Base.: 4,554 Sq. Ft.
- Current Bldg. Use: Professional/Office, Commercial, Other, Recreational, Bar/Tavern
- Year Built: 1920
Unit Information
- Units w/Refrigerators: 1
Lot Features
- Lot Size (Acres): 0.32
- Lot Dimensions: 44.5 × 90
- Potential Use: Office, Other, Professional Service, Rest/Lounge, Restaurant, Lounge/Bar
- Zoning: Business/Commercial
- Lot Description: Light Tree Coverage
Financial Considerations
- Tax Amount: $2,693
- Tax Year: 2026
- Owner Pays: All Utilities, Electricity, Gas, Grounds Care, HVAC Maintenance, Repairs, Sewer, Taxes, Trash Collection, Water
- Tenant Pays: Cable TV
- Pays Cable: Tenant Pays
- Pays Electric: Owner Pays
- Pays Gas: Owner Pays
- Pays Trash: Owner Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: BOVEY E 12.5' OF LOT 9 ALL LOTS 10-13 BLK 13
- Inclusions: Building, Business, Fixture/Equipment, Inventory, Leases
- Property ID: 864101350
Listed by RE/MAX Results
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Schools
Schools serving 209 2nd St
School District:Greenway Public School District
| Name | Grades | Distance |
|---|---|---|
Connor-Jasper Middle School 308 Roosevelt Avenue, Coleraine, MN 55722 | 5-8 | 0.6 mi |
Vandyke Elementary School 300 Cole Street, Coleraine, MN 55722 | PK-4 | 0.7 mi |
Greenway Senior High School 308 Roosevelt Avenue, Coleraine, MN 55722 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 209 2nd St
Tax History
Tax History for 209 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,308
-39%
$141,100
—
2025
$5,412
—
$141,100
2%
2025
$5,412
58%
$138,100
1%
2024
$3,422
-9%
$137,300
—
2023
$3,778
-4%
$136,800
12%
2022
$3,954
-1%
$122,300
—
2021
$3,980
-9%
$122,300
—
2020
$4,382
4%
$122,300
100%
2019
$4,204
-11%
100%
2017
$4,730
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 209 2nd St
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209 2nd Street, Bovey, MN 55709 (MLS# 7162218) is a Commercial property. 209 2nd Street is currently listed for $269,900 and was received on October 19, 2026. Want to learn more about 209 2nd Street? Do you have questions about finding other Commercial real estate for sale in Bovey? You can browse all Bovey real estate or contact a Coldwell Banker agent to request more information.