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Mixed-Use Bar and Apartment Property
New
For Sale
$269,900

209 2nd Street, Bovey, MN 55709

Commercial Sale, Bovey, MN

Property SizeContact for details
Lot Size0.32 Acres
Days on Market4

Property Features for 209 2nd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Driveway, Parking Lot, Garage - Detached
Patio and Porch features Patio
Accessibility Accessible Approach with Ramp
Appliances Cooktop, Range, Refrigerator
Subdivision Bovey
Lot features Tree Coverage - Light
High school district Greenway
Directions From Grand Rapids North on 169 to Bovy take a left on 2nd Avenue to 2nd Street on your left.
Standard status Active
APN 864101350
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2693

Utilities

Heating system Oil, Forced Air, Other (Heating)

Building Details

Year built 1920
Building materials Block, Brick, Concrete, Stone
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Monica Schafer
Added: Oct 19 Changed: Oct 21 Last Checked: Oct 22 at 1:06AM
MLS# 7162218

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.

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Investment Insights

Based on property information with market context.

This mixed-use property in Bovey combines a bar and entertainment business with two leased residential apartments. The venue serves pizza and light food, hosts dart and pool tournaments and live performances, and offers pull tabs and electronic pull tabs. A designated kitchen area has a sink and plumbing. The building was constructed in 1920 and includes a patio, a ramp-accessible approach, a parking lot, driveway parking, and a detached garage.

The property occupies a 0.32-acre site at 209 2nd Street. Its residential units provide a separate rental component alongside the bar operations.

Key Highlights

  • Two leased residential apartments on‑site
  • Bar and entertainment venue with dart and pool tournaments and live performances
  • Food service includes pizza and light fare; kitchen area has a plumbed sink

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Troy Otterson Foster Care Service Tavern on the Range Bar & Pub

Suggested Use

Top Pick Plumbing Service HVAC Service Catering Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Computer & Electronic Repair

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 55709, MN

4,199
Population
2,479
Households
1.7
Avg Household Size
46
Median Age
20%
College-Educated
96%
High-School Grad
223.9 sq mi
ZIP Area
19
Density / Sq Mi
$71,163
Median Household Income
$41,020
Median Earnings
$925
Median Rent
$206,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The operating venue serves pizza and light fare, with two leased residential apartments on-site.
Where is this mixed-use property located?
The property is located at 209 2nd Street Bovey, MN.
What is the asking price?
The asking price for this property is $269,900.
What are key features of this property?
This property features: Two leased residential apartments on‑site; Bar and entertainment venue with dart and pool tournaments and live performances; Food service includes pizza and light fare; kitchen area has a plumbed sink
More about this property
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