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Bar and Grill with Seasonal Deck
For Sale
$475,000
Pending

140 Lake Avenue W, Hill City, MN 55748

Commercial Sale, Hill City, MN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market151

Property Features for 140 Lake Avenue W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features On Street
Patio and Porch features Deck
Subdivision Hill City
High school district Hill City
Directions From Mpls, 169 N, 36 miles north of Aitkin to Hill City, take a right on Lake Avenue (main street). Bar is on the right.
Standard status Pending
APN 571037200
Lot size 0.08 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1372

Utilities

Heating system Wood, Ductless (Heating), Wood Stove, Forced Air
Cooling system Ductless

Building Details

Year built 1940
Building materials Block
Listing Agency: National Realty Guild
Listed By: Jane Bristow
Added: Jun 2 Changed: Oct 30 Last Checked: Oct 30 at 7:06PM
MLS# 7085750

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This Hill City bar and grill occupies a block building constructed in 1940. The venue accommodates more than 100 guests indoors and has a seasonal deck with seating for approximately 30. A seasonal outdoor service bar complements the indoor operation, and the business offers both on-sale and off-sale liquor service. Heating includes forced air, wood, a wood stove and ductless equipment; ductless cooling is also installed.

The property is on Lake Avenue in Hill City, just off Highway 169. Hill Lake, public hunting grounds and the Soo Line Recreational Trails are identified nearby, with direct access to the trail system. Parking is on street. The parcel contains 0.081 acres.

Key Highlights

  • Indoor seating for over 100 guests
  • Seasonal deck with seating for approximately 30
  • Seasonal outdoor service bar

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Hair Salon Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
2,301 visits/mo 0.2 miles

Demographics for 55748, MN

1,394
Population
887
Households
1.6
Avg Household Size
50
Median Age
16%
College-Educated
94%
High-School Grad
152.7 sq mi
ZIP Area
9
Density / Sq Mi
$54,615
Median Household Income
$34,766
Median Earnings
$904
Median Rent
$180,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Harry's Bar — 137 S Gill St South, Hill City, MN 55748
  • Knuckleheads Bar & Grill — 140 Lake Ave W, Hill City, MN 55748

Frequently Asked Questions

What type of property is this?
Bar & Pub - On/off-sale liquor service and a seasonal outdoor bar support indoor and outdoor dining and gathering.
Where is this bar & pub located?
The property is located at 140 Lake Avenue W Hill City, MN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Indoor seating for over 100 guests; Seasonal deck with seating for approximately 30; Seasonal outdoor service bar
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