Lakeside Restaurant and
For Sale
$1,199,000
Pending
2198 Highway 47, Ogilvie, MN 56358
The property pairs multiple dining areas and outdoor decks with rental cabins and an attached residence.
Property Size5,400 SF
Days on Market10
Property Features for 2198 Highway 47
General Information
Standard status
Pending
Size
5,400 SF
Zoning
Business/Commercial,Shoreline
Additional Details
Business Included
Yes
Road Access
Yes
Patio
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$11,944
Amenities
private docks
dance floor
Propane
Block
3
Yes
5
500
20 x 24
7
480
90x60
Building,Fixture/Equipment,Inventory,Land
Accessible Shoreline,Irregular Lot,Tree Coverage - Light
Drilled,Well
2.63
500x157x456x335
5400
Detached Garage,Gravel,Parking Lot,More Parking Onsite for Fee
State Road,Highway
Public Maintained Road
Building Details
Building Size
5,400 SF
Year Built
1940
Listing Agency:
Real Estate Masters, Ltd.
(612) 656-1200
Listed By:
Kari Hartwell
(612) 978-6638
Source:
Imetroproperty
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Masters, Ltd.
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Investment Insights
Based on property information with market context.
McBees is a 5,400-square-foot restaurant and bar built in 1940, with a main bar, separate dining rooms, and a dance floor used for events and lessons. South- and east-facing decks provide additional seating. The property also includes two rental cabins and an attached two-bedroom home, along with six private docks and approximately 500 feet of Ann Lake shoreline.
Set on 2.63 acres along Highway 47 near Ogilvie, the property is zoned Business/Commercial and Shoreline. The larger cabin has two bedrooms, a full kitchen, living room, and porch; the efficiency cabin includes a 3/4 bath and porch. The attached residence offers two bedrooms, a full kitchen, and an open living and dining area.
Set on 2.63 acres along Highway 47 near Ogilvie, the property is zoned Business/Commercial and Shoreline. The larger cabin has two bedrooms, a full kitchen, living room, and porch; the efficiency cabin includes a 3/4 bath and porch. The attached residence offers two bedrooms, a full kitchen, and an open living and dining area.
Key Highlights
- 5,400‑square‑foot restaurant and bar on 2.63 acres
- Approximately 500 feet of Ann Lake shoreline and six private docks
- Restaurant includes multiple dining rooms, a bar, event space, and decks
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 56358, MN
3,090
Population
1,357
Households
2.3
Avg Household Size
44
Median Age
11%
College-Educated
91%
High-School Grad
125.2 sq mi
ZIP Area
25
Density / Sq Mi
$78,125
Median Household Income
$40,864
Median Earnings
$1,214
Median Rent
$240,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property pairs multiple dining areas and outdoor decks with rental cabins and an attached residence.
Where is this conventional restaurant located?
The property is located at 2198 Highway 47 Ogilvie, MN.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 5,400‑square‑foot restaurant and bar on 2.63 acres; Approximately 500 feet of Ann Lake shoreline and six private docks; Restaurant includes multiple dining rooms, a bar, event space, and decks
