For Sale: McGregor MLS# 6778533
Active
NEW!
$450,000
Commercial: Business Opportunity
Built 1998
6.64 acres
Mcgregor schools
MLS# 6778533
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Property features 6.64 acres located on State Highway 65, directly across the street from Big Sandy Lake. The State Land across the highway provides quick access for boaters during open water season, and snowmobile, ATV, and UTV traffic during the winter. The property also has direct access to Aitkin County Highway 63 on the south and Grouse Street on the north. Both roads accommodate ATV and UTV vehicles for access to Aitkin County ATV trails, the Axtell Challenge Course, Palisade and McGregor. The Up North Riders ATV Club is headquartered at Fisherman's Bay and schedule different club rides throughout the year. Events are served by a large parking lot with ample overflow parking on the north side of the property for trucks and trailers. The turnkey Bar and Restaurant are situated on the 4024 square foot main level. The U shaped bar promotes an inclusive atmosphere and includes 2 drink service stations, walkin cooler and ample storage. The kitchen features all stainless cooking equipment and extensive refrigeration and freezer space. A separate 384 square foot storage area is also part of the main level. The 2000 square foot lower level provides living or rental quarters along with additional storage and utilities. The Campground consists of 8 spaces served by electric, sewer and water. Two additional spaces have electric only. The Restaurant Bar and Campground are served by a Type 4 Septic system. The system has just been issued a Certificate of Compliance by Aitkin County. The system has been designed for ease future expansion if Townhomes, Apartments, or Workforce Housing were to be a future use.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Commercial
City:
McGregor
Garage Spaces:
0
County:
Aitkin
Year Built:
1998
State:
MN
Property Style:
Business Opportunity
Zip Code:
55760
Interior
Appliances Included:
- Gas Water Heater
- Stainless Steel Appliances
- Water Softener Owned
Basement Details:
- Block
- Partially Finished
- Storage Space
- Walkout
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
4,024 ft2
Foundation Dimensions:
50x80+16x24
Handicap Accessible:
Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Gravel
- Parking Lot
Unit Amenities:
- Ceiling Fan(s)
- Deck
- Dock
- Ethernet Wired
- Local Area Network
- Natural Woodwork
- Paneled Doors
- Satelite Dish
- Vaulted Ceiling(s)
Road Frontage:
- Paved Streets
- State Road
Exterior Material:
Log Siding
Roof Details:
Metal
Lake & Waterfront
Waterfront Present:
N
Waterfront Name:
Big Sandy
Waterfront View:
East
DNR Lake ID#:
01006200
Elev Highpt to WF feet:
10-15
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
9380
Lake Depth:
80
Waterfront:
Lake View
Lake Bottom:
Sand
Lot & Land
Acres:
6.64
Geolocation:
46.751775, -93.327726
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
655 x 220 x 75 x 348 x 118 x 141 x 329 x 519
Zoning:
Business/Commercial
Lot Description:
- Accessible Shoreline
- Many Trees
- Property Adjoins Public Land
Farm
Topography:
Level, Rolling, Scattered Timber
Schools
School District:
4
District Phone:
218-768-2111
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,300
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,300
Units
Total Units:
1
Miscellaneous
Current Use:
- Bar/Tavern
- Restaurant
Fuel System:
Propane
Sewer System:
- Private Sewer
- Septic System Compliant - Yes
- Tank with Drainage Field
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
- Drilled
- Private
- Submersible - 4 Inch
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of McGregor Realty & Property.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.