49463 202nd Place McGregor, MN ^$ 350,000

49463 202nd Place

^$ 350,000

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49463 202nd Place

McGregor, MN, 55760

^$ 350,000

Studio Baths0.0 Sq 8,227

Monthly Estimate*

^$ 2,445

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Studio

Commercial Property for sale in McGregor, MN

for $350,000. This 8,227 square foot building was built in 1954 on a lot size of 1.65.

A great business opportunity to own Red Rock Bar & Grill! Purchase includes business, 8,277 sq. ft building on 1.5 acres, both On and Off Sale liquor licenses, all furnishings, equipment and inventory. Building features a log interior with 2 bars, large seating/dining area, full kitchen with 2 walk-in coolers/freezers, spacious event/banquet hall, game room and living quarters upstairs. This year-round bar/grill is in a great location off Hwy 65, minutes from ATV/snowmobile trails, Big Sandy Lake and the city of McGregor. This business is a great place to have private parties, wedding receptions and so much more!

Commercial Active

Price

^$ 350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,790

Style

Business

Lot Size

1.65

Year Built

1954

Town/City

McGregor

County/Region

Aitkin

MLS | Web ID

6430246

Features

General

Sewer Mound Septic Private Sewer Septic System Compliant - Yes

Heating Forced Air

Cooling Central Air

Utilities Electric Common Heating Common Hot Water Common

Roof Age Over 8 Years Architecural Shingle Metal

Garage Spaces 0

Construction Materials Wood Siding

Year Built 1954

Property SubType Business

Tax Year 2023

Current Use Event Space Restaurant Bar/Tavern

Accessibility Doors 36 + No Stairs External No Stairs Internal

County Aitkin

Property Type Commercial Sale

Contingency None

Directions From McGregor - N on Hwy 65 to R on County Rd 14 (Lake Ave)to L on 202nd Place business is on Left

City McGregor

Buyer Agent Compensation 2.00

High School District McGregor

Zoning Description Business/Commercial

Total Units 1

Street Name 202nd

Land Lease Y/N N

Tax Annual Amount 1790

Additional Parcels Y/N N

Days on Market 114

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement None

Basement (Y/N) N

Street Suffix Place

Fuel Propane

Exterior

Parking Features Gravel Gravel

Water Source Well

Inclusions Building Business Fixture/Equipment Inventory Land Liquor License

Lot Size Area 1.65

Building Area Total 8227

Lot Dimensions 200x367x200x660

Lot Size Units Acres

Foundation Area 8000

Internal Only

Street Number 1 49463

* Excluded Features

List By

Exit Realty Nexus

Broker

rphomesmn@gmail.com

Affordability Calculator

$2,594

Per Month

Monthly Principal & Interest: $2,445
Monthly Property Taxes: $149
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in McGregor, MN

Average List Price ^$355,800

Percent of Sale Price 2%

About McGregor, MN

331 Population

4% Since 2002

^$26,607 Median Income

43.7 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709390 Elementary School

708377 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/8/2023	$350,000		Listed Price

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49463 202nd Place, McGregor, MN, 55760 is a Commercial Property for sale at $350,000 with 8,227 sqft and a lot size of 1.65. 49463 202nd Place is a studio with 0.0 baths and was built in 1954. The property's zip code is 55760 which is in McGregor, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2024.

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49463 202nd Place

Commercial Property for sale in McGregor, MN

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