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    26838 Us Highway 169 Aitkin, MN 56431

    For Sale
    $799,000

    Well-established tavern and eatery on over 3 acres of land.

    Property size:
    4,400 SF
    Lot size:
    3.67 Acres

    Property Features for 26838 Us Highway 169

    General Information

    Size
    4,400 SF
    Lot size
    3.67 Acres

    Source: Hospitality Services Corporation Agent Dan McGuire

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Tavern Eatery on 3 Acres

    This well-established tavern and eatery is situated on over 3 acres of land in the heart of lake country in central Minnesota, along highway 169. The freestanding building features a cozy dining area, a full bar, and a kitchen. There is the potential to add living quarters. The business benefits from gaming revenue. Known for its welcoming atmosphere, the restaurant and bar is a local favorite. The location is surrounded by lakes and is a popular destination for outdoor enthusiasts, vacationers, and locals. Onsite living accommodations are possible upstairs, currently used as an office but formerly a living area, presenting an additional income opportunity. There is ample room to expand outdoor entertainment features. The property is conveniently located with plenty of parking. Over the last several years the owner has invested approximately $350,000 into a new dining area, bathrooms, kitchen expansion, and building improvements. The property size is 4,400 square feet. The property taxes are $5,194 (parcel #11-0-028801).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Hotel & Motel Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Landing

    Location Insight

    • Map
    • Local Demand
    City
    Aitkin
    County
    Aitkin
    State
    Minnesota
    Longitude
    -93.7487177
    Latitude
    46.4001492

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    FAQs

    What type of property is this?
    Bar - Well-established tavern and eatery on over 3 acres of land.
    Where is this bar located?
    The property is located at 26838 Us Highway 169 Aitkin, MN.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Established tavern eatery business and real estate for sale on over 3 acres in prime lake country location.; - High gross revenue of $950,000.; - Significant recent investments of approximately $350,000 in renovations and improvements.
    (763) 972-9077
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    26838 Us Highway 169 Aitkin, MN 56431
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    Aitkin, MN 56431
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26838 Us Highway 169 Aitkin, MN 56431
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