Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$624,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,712 Sq. Ft.
  • 0.35 Acres
  • Updated 9 hours ago
See This Home
Save This Home
See This Home
Save This Home
Turnkey, fully staffed bar & grill operating with established systems for hands-on or semi-absentee ownership. Successfully repositioned into a respected community hub with strong local support and recurring traffic. Hosts monthly Lions and community group meetings and maintains charitable gambling and lake association partnerships, creating consistent repeat business. Sale includes furniture, fixtures, equipment, digital signage, ATM, recipes, and operational systems for a seamless ownership transition. Recent improvements and updated equipment provide stability, and a brand-new patio scheduled for Spring 2026 positions the business for expanded capacity and seasonal revenue growth. Located in the heart of Osakis with excellent visibility, dine-in and take-out options, and room to expand events, live music, and outdoor service. Established reputation, built-in momentum, and deep community ties set this opportunity apart. Ideal for an owner-operator or investor seeking a proven operation with upside already in motion.

Full Property Details for 201 E Nokomis St

General

  • Price: $624,900
  • Taxes: $8,244 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7020171
  • Updated: 2/17/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Concrete Slab, Luxury Vinyl Plank, Tile, Vinyl

Parking

  • Parking Features: Parking Lot, Paved Lot

Location

  • County: Douglas
  • Township: Osakis
  • Subdivision: Nokomis Comm Properties
  • Driving Directions: From Osakis, Head north on Central Ave toward E Nokomis St, then Turn right at the 1st cross street onto E Nokomis St and your destination will be on the left.

School Information

  • School District: 1040 - Osakis
  • High School District: Osakis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Ductless Mini-Split
  • Heating Type: Ductless Mini-Split, Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: None Available

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Foundation Size: 5712
  • Roof: Metal
  • Ceiling Height: 8-10
  • Disability Access: Fully Wheelchair
  • Square Feet: 5,712
  • Finished Down/Base.: 5,712 Sq. Ft.
  • Current Bldg. Use: Restaurant
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Dimensions: 160, 154, 155, 155
  • Frontage: City Street
  • Potential Use: Lounge/Bar
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $8,244
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SEC-25 TWP-128 RANG-36 NOKOMIS COMMERCIAL PROPERTIES LOTS 1 & 2 BLK 2 EX THE E 30' OF LOT 2
  • Inclusions: Building, Business, Fixture/Equipment, Land
  • Property ID: 930023600

Listed by Central MN Realty LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 201 E Nokomis St —

  • Central MN Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 201 E Nokomis St

School District:Osakis Public School District
NameGradesDistance
Osakis Elementary School
500 1st Avenue East, Osakis, MN 56360
PK-60.2 mi
Osakis Secondary
500 1st Avenue East, Osakis, MN 56360
7-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 201 E Nokomis St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$624,900
38.87%
MLS
1/02/2024
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 201 E Nokomis St

Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$325,500
—
2023
$7,720
-7%
$325,600
6%
2023
$8,316
14%
$308,000
—
2022
$7,310
-10%
$306,900
22%
2021
$8,098
-2%
$250,800
-6%
2018
$8,288
23%
$267,900
2%
2019
$6,750
-1%
$263,000
19%
2018
$6,798
-11%
$220,500
—
2017
$7,622
31%
$221,600
1%
2016
$5,832
—
$220,481
—
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 for 201 E Nokomis St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Central MN Realty LLC

Just Listed near 201 E Nokomis St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Tbd Sunny Acres Road NE, Nelson, MN 56355 - Photo 1 Just Listed
$320,000

Tbd Sunny Acres Road NE  Nelson, MN 56355

  • Lots/Land
  • Active
  • Updated 4 days ago
  • 40
    Acres
Listed by Midwest Land Group LLC
7838 Hummingbird Ln SW, Alexandria, MN 56308 - Photo 1 Just Listed
$439,000

7838 Hummingbird Ln SW  Alexandria, MN 56308

  • Single Family
  • Active
  • Updated 7 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,556
    Sq. Ft.
Listed by Century 21 Atwood
9722 Maple Cir NW, Alexandria, MN 56308 - Photo 1 Just Listed
$1,324,900

9722 Maple Cir NW  Alexandria, MN 56308

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 4,655
    Sq. Ft.
Listed by Realty ONE Group Choice
4133 Iowa St, Alexandria, MN 56308 - Photo 1 Just Listed
$4,300,000

4133 Iowa St  Alexandria, MN 56308

  • Commercial
  • Active
  • Updated 1 day ago
  • 46,473
    Sq. Ft.
  • 3.83
    Acres
Listed by C2C Real Estate LLC

Price Reduced near 201 E Nokomis St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

92 Birch Ave, Alexandria, MN 56308 - Photo 1 Price Reduced
-$5,000 (-1.72%)
$284,900

92 Birch Ave  Alexandria, MN 56308

  • Townhouse
  • Active
  • Updated 13 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,152
    Sq. Ft.
Listed by Coldwell Banker Crown Realtors
3311 N Nokomis NE, Alexandria, MN 56308 - Photo 1 Price Reduced
-$120,100 (-15.6%)
$649,900

3311 N Nokomis NE  Alexandria, MN 56308

  • Lots/Land
  • Active
  • Updated 13 hours ago
  • 0.58
    Acres
Listed by Coldwell Banker Crown Realtors
3307 N Nokomis NE, Alexandria, MN 56308 - Photo 1 Price Reduced
-$201,000 (-8.04%)
$2,299,000

3307 N Nokomis NE  Alexandria, MN 56308

  • Single Family
  • Active
  • Updated 13 hours ago
  • 7
    Beds
  • 6
    Total Baths
  • 8,017
    Sq. Ft.
Listed by Coldwell Banker Crown Realtors
903 Geneva Dr, Alexandria, MN 56308 - Photo 1 Price Reduced
-$17,000 (-3.7%)
$443,000

903 Geneva Dr  Alexandria, MN 56308

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,788
    Sq. Ft.
Listed by Edina Realty, Inc.

Recent Sales near 201 E Nokomis St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

11 1st Ave W, Osakis, MN 56360 - Photo 1 Sold
$616,000

11 1st Ave W  Osakis, MN 56360

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,491
    Sq. Ft.
Listed and Sold by Kvale Real Estate
7617 County Rd 82 SE, Nelson, MN 56355 - Photo 1 Sold
$620,000

7617 County Rd 82 SE  Nelson, MN 56355

  • Lots/Land
  • Closed
  • 64.51
    Acres
Listed and Sold by Zielsdorf Auction & Real Estate
491 Old Glory Dr NE, Alexandria, MN 56308 - Photo 1 Sold
$640,000

491 Old Glory Dr NE  Alexandria, MN 56308

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,867
    Sq. Ft.
Listed by Realty ONE Group Choice
Sold by Kvale Real Estate
3896 Colorado Cir SE, Alexandria, MN 56308 - Photo 1 Sold
$635,000

3896 Colorado Cir SE  Alexandria, MN 56308

  • Single Family
  • Closed
  • 6
    Beds
  • 4
    Total Baths
  • 4,212
    Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Real Estate by Jo, LLC

201 E Nokomis Street, Osakis, MN 56360 (MLS# 7020171) is a Commercial property. 201 E Nokomis Street is currently listed for $624,900 and was received on February 17, 2026. Want to learn more about 201 E Nokomis Street? Do you have questions about finding other Commercial real estate for sale in Osakis? You can browse all Osakis real estate or contact a Coldwell Banker agent to request more information.

Tour this property