16469 Goshawk Street
McGregor, MN, 55760 $ 1,150,000
Bedrooms2 Baths1.0 Monthly Estimate*
$ 7,943
for $1,150,000 with 2 bedrooms and 1 full bath. This building was built in 1979 on a lot size of 11.9.
Rare opportunity on beautiful Round Lake offering a unique combination of lakeshore, established business, lodging and recreational amenities. Round Lake Resort and Bar is a year-round property that has seen extensive improvements, including a major bar renovation in 2025 with leveled and insulated flooring, new subfloor and flooring, updated refrigeration and coolers, new freezers, new fans, POS system, security system, secure liquor room and additional equipment upgrades. The kitchen has also been remodeled and the property features multiple dining and gathering areas, mini-split system and updated mechanicals. The lake setting includes new docks, new patio areas, new volleyball court and bocce courts, swing sets and space for guests to gather and enjoy the waterfront. Entertainment features include multiple TVs, games, jukebox and ATM. Property has a new septic system, new tables, chairs, barstools, outdoor tables and chairs and bar, new taps, umbrellas and more. Property also includes a furnished 2-bedroom cabin with an updated shower and new counter tops and furniture. 20 seasonal RV/camping sites provide additional income. There are many revenue opportunities including, bar/restaurant, pull tabs, games, off sale, two gas pumps, rental dock spaces, and cabin rent. There is a 30x40 garage as well and a 3bd, 2ba trailer attached to the back of the bar. Property offers an impressive combination of lakeshore, accommodations, recreation and business potential all in one location.
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FeaturesGeneralSewer Septic System Compliant - Yes
Heating Ductless Mini-Split Hot Water
Cooling Ductless Mini-Split Window Unit(s)
Utilities Electric Separate Heating Separate
Roof Age Over 8 Years Flat Metal
Appliances Cooktop Dishwasher Freezer Indoor Grill Microwave Other Range Refrigerator Trash Compactor
Garage Spaces 3
Pool Features None
Year Built 1979
View East Lake Panoramic
Tax Year 2026
Current Use Commercial Food Service Restaurant Resort
Waterfront Features Lake Front
Accessibility Wheelchair Ramp(s)
County Aitkin
New Construction N
Property Type Commercial Sale
Contingency None
Directions Hwy 65 North to Goshawk East to property on Round Lake
City McGregor
High School District McGregor
Zoning Description Business/Commercial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5410
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Panoramic View Boat Slip
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InteriorBasement Block Drain Tiled Storage Space Sump Pump Unfinished
Basement (Y/N) Y
Total Bedrooms 2
Total Baths 1
Fuel Propane
Garage Square Feet 1200
Waterfront Feet 180
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ExteriorParking Features Detached Garage Electric Garage Door Opener Guest Parking Parking Lot RV Access/Parking
Lot Features Accessible Shoreline Tree Coverage - Heavy
Water Source Drilled Private Well
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land
Lot Size Area 11.9
Waterfront Y/N Y
Foundation Area 5962
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* Excluded FeaturesList ByRe/Max Advantage PlusBroker
tara.yunker@therealestateadvantage.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,943
- Monthly Property Taxes
- $451
- 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.
Learn more about how to save NearbyCommerical listings in McGregor, MN
Average List Price $449,950
Percent of Sale Price 61%
About McGregor, MN 331 Population
4% Since 2002
$ 26,607 Median Income
43.7 Median Age
22% Households with Children
Trends Information provided by ATTOM Data Solutions.
709390 Elementary School
708377 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/21/2026 | $1,150,000 | | Listed Price |