201 E Nokomis Street Osakis, MN $ 575,000
201 E Nokomis Street
$ 575,000
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201 E Nokomis Street

Osakis, MN, 56360
$ 575,000
Bedrooms-- Baths-- Sq 5,712

Monthly Estimate*

$ 3,971

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Commercial Property for sale in Osakis, MN

for $575,000. This 5,712 square foot building was built in 2005 on a lot size of 0.35.

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, while a brand-new patio and newly renovated parking lot, both completed in July 2026, enhance curb appeal, increase guest capacity, and position the business for continued 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.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 8,244

Style

Lot Size

0.35

Year Built

2005

Town/City

Osakis

County/Region

Douglas

MLS | Web ID

7020171

Features
General
Sewer City Sewer/Connected
Heating Ductless Mini-Split Forced Air
Cooling Central Air Ductless Mini-Split
Utilities None Available
Roof Metal
Garage Spaces 0
Pool Features None
Construction Materials Block
Year Built 2005
Levels One
Tax Year 2025
Current Use Restaurant
Accessibility Fully Wheelchair
County Douglas
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Nokomis Comm Properties
Possible Use Lounge/Bar
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.
City Osakis
High School District Osakis
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 8244
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Ceiling Height 8-10
Foundation Dimensions 112 x 44
Fuel Natural Gas
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Exterior
Fencing None
Parking Features Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Land
Lot Size Area 0.35
Building Area Total 5712
Lot Dimensions 160 154 155 155
Waterfront Y/N N
Foundation Area 5712
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Central Mn Realty Llc

Broker

sammi@centralmnrealty.com

Email

Affordability Calculator

$4,658
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,971
Monthly Property Taxes
$687
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
708463 Elementary School
708735 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$575,000 -4.15% Price Down
5/1/2026$599,900 -4.00% Price Down
2/17/2026$624,900 Listed Price

Map


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201 E Nokomis Street, Osakis, MN, 56360 is a Commercial Property for sale at $575,000 with 5,712 sqft and a lot size of 0.35. 201 E Nokomis Street was built in 2005. The property's zip code is 56360 which is in Osakis, MN