48493 Lily Avenue McGregor, MN
$ 450,000
Property Attributes
  • ML#4636960
  • TypeCommercial
  • CountyAITKIN
  • CityMcGregor
  • Zip55760
  • StyleBusiness Opportunity
  • Year Built2004
  • Taxes7736
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3766
Listing Provided Courtesy Of:
Christian Realty North
Property Description

Fantastic Bar & Restaurant Located on Horseshoe Lake. Full Menu, Featuring German Cuisine. Huge Dining Room with Great Bar Area & Game Room., Walks out to Bocce Ball With Lakeview. Approx 400 Feet Sand Shoreline With Plenty of Docking for Guests. Conveniently Boat up for Gas. Watch the Beautiful Sunsets From the Patio Area. Many Activities Keep this a Thriving Business!! 1 Bedroom Living Quarters, Huge 40x40 Garage. Boat into 2500 acre Minnewawa Lake.GREAT TURN KEY BAR!!!

Price History
8/20/2015 Listed $695,000
8/29/2016 7% - $649,000
2/16/2017 32% - $444,444
5/3/2017 11% - $396,396

General Features

Annual Gross Income 347927.00
Basement Slab
Contingency None
Cumulative Days on Market 1752
Handicap Accessible No Stairs Internal
Miscellaneous Out Buildings, Three Phase
Municipality McGregor
Potential Short Sale No
Property Type CMU
School District 4 - Mcgregor
Status Active
Tax Year 2019
Total Number of Units 1
Year Built 2004
Zoning Business/Commercial, Shoreline

Interior Features

Air Conditioning Central
Amenities - Unit Deck, Patio, Porch, Dock, Natural Woodwork, Kitchen Window, Vaulted Ceiling(s), Tiled Floors, Washer/Dryer Hookup, Security System, Local Area Network, Multiple Phone Lines, Other
Appliances Range, Cooktop, Wall Oven, Indoor Grill, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Freezer, Other
Fuel Propane
Garage Stalls 4
Heating Forced Air
Utilities Heating Common, Electric Common, Hot Water Common

Exterior Features

Lender Owned No
Sale Includes Business, Building, Land, Fixture/Equipment
Building Finished Square 3766
Exterior Wood, Log Siding
Foundation Size 3766
Lake/Waterfront Lake Front, Lake View, Dock
Lake/waterfront - Y:n 1
Lakeacres 244.00000
Lakebottom Sand
Lakedepth 12
Lot Description Corner Lot, Tree Coverage - Light, Other
Other Parking Spaces 40
Road Frontage Township, Paved Streets
Roof Age Over 8 Years, Metal
Sewer Private, Mound, Tank with Drainage Field, Other
Water Well, 4-Inch Submersible, Drilled
Water Front Name Horseshoe Lake (Shamrock Twp.)
Waterfrontelevation 0-4
Waterfrontview Lake, Panoramic, South, West


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55760

AVG $730K
AVG $7,946
AVG 82
Year Built
AVG 1975

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