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51866 224th Place, McGregor, MN 55760

$450,000

  • For Sale
  • Active
  • Commercial
  • 5,040 Sq. Ft.
  • 2 Acres
51866 224th Place, McGregor, MN 55760View this property at 51866 224th Place, McGregor, MN 55760
51866 224th PlaceMcGregorMN55760
Property Description
Beautiful Bar & Restaurant, with owners living quarter on Big Sandy Lake! 400' + lakeshore, camping sites, banquet room, commercial kitchen and much more! After 35 years in business, owner is looking to retire. What a wonderful opportunity on two acres of gorgeous lakefront property! Come take a peek, enjoy their well-known menu...you might decide to stay awhile!

Full Property Details for 51866 224th Place

General

  • Price: $450,000
  • Taxes: $3,886 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 4867790
  • Updated: 3/1/2018
  • Added: 358 day(s) ago

Interior

  • Appliances: Range, Indoor Grill, Microwave, Exhaust Fan/Hood, Refrigerator, Freezer, Washer, Dryer, Electronic Air Filter

Additional Information

  • Shared Rooms: Amusement/Party Room
  • Pool Description: None
  • Other Features: 220 Volt, Out Buildings, Single Phase

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Non-Garage Spaces: 4
  • Garage Description: Detached Garage, Gravel Driveway

Location

  • County: Aitkin
  • Driving Directions: Hwy 65 North to 224th Place East you will see the property. 83 miles from Duluth, 62 miles from Brainerd, 135 miles from Minneapolis

School Information

  • School District: 4 - Mcgregor

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central, Wall
  • Heating Type: Forced Air, Wood Stove
  • Heating Fuel: Natural Gas, Wood

Utilities

  • Sewer: Private, Holding Tanks
  • Water: Well

Structural Information

  • Construction Status: Previously Owned
  • Exterior Const.: Vinyl
  • Basement: Yes
  • Basement Desc.: Partial, Crawlspace, Poured Concrete
  • Foundation Size: 5040
  • Roof: Pitched, Age 8 Years or Less, Metal
  • Disability Access: Wheelchair Ramp
  • Square Feet: 5,040
  • Current Bldg. Use: Tavern/Lounge
  • Year Built: 1930

Unit Information

  • Unit Features: Natural Woodwork, Hardwood Floors, Tiled Floors, Washer/Dryer Hookup
  • Units w/Refrigerators: 6
  • Units w/Range/Oven: 1

Lot Features

  • Lot Size (Acres): 2
  • Lot Dimensions: 500 x 198 x 203 x 135 x 232
  • Frontage: City, Township, County, State, Paved Streets, Unpaved Streets
  • Development Status: Previously Owned
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Light Tree Coverage
  • Fencing (Description): None

Water Features

  • Water Front: Yes
  • Water Front Name: Big Sandy Lake
  • Water Front Desc.: Lakefront, Lake View, Dock
  • Water Front View: Bay
  • Water Front Feet: 498
  • Water Front Num: 1006200
  • Lake Front: Yes
  • Lake Acres: 6088.13
  • Lake Depth: 84
  • Boat Dock Slip: Yes

Financial Considerations

  • Tax w/Assessment: $3,886
  • Tax Amount: $3,886
  • Tax Year: 2016
  • Terms: FHA, DVA, Conventional, Contract for Deed, Cash
  • Owner Pays: Taxes, Insurance, Water/Sewer, Electric, Fuel, Maintenance/Repair, Janitorial, Trash, Snow, Lawn, Percentage Rent, Escalation, Cable TV, Other

Disclosures and Reports

  • Legal Description: Sec:1 Twp: 49.0 Rg 24 Lot: Blk: Acres 167. + .33
  • Property ID: 390000700

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Schools

Schools serving 51866 224th Place

Score
Name
Grades
Distance
3
148 S Second Street, McGregor, MN 55760
PK-6
11.2 mi
4
148 S Second Street, McGregor, MN 55760
7-12
11.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 51866 224th Place Get Price Alerts

Date
Details
Price
Change
Source
3/01/2018
Price Reduced
$450,000
-4.26%
MLS
8/21/2017
Listed
$470,000
MLS
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 51866 224th Place

Listed by Premier Real Estate Services

51866 224th Place, McGregor, MN 55760 (MLS# 4867790) is a Commercial property. 51866 224th Place is currently listed for $450,000 and was received on August 21, 2017. Want to learn more about 51866 224th Place? Do you have questions about finding other Commercial real estate for sale in McGregor? You can browse all McGregor real estate or contact a Coldwell Banker agent to request more information.