Building Details

Building Size 4,532 SF

Year Built 1923

Listing Agency: Statement Realty k***@yahoo.com Show Phone

Listed By: Kari Elizabeth Horbacz Show Phone

Source: Juverealestate

Added: May 7 Changed: Jul 26 Last Checked: Jul 31 at 12:38PM

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Investment Insights

Based on property information with market context.

This sale offers a turn-key opportunity centered on an established, year-round restaurant operating in a historic, character-filled building. The offering includes the building, business assets, and inventory. On-site, there is a dedicated banquet room with a 3/4 bath, providing an additional interior space for private gatherings.

The property is located in McGregor, Minnesota, set right off the snowmobile and ATV trail, supporting continued visitation throughout the year. The building sits on a site spanning almost a full city block, which may provide room for additional uses, subject to local approvals.

Key Highlights

• Year‑built 1923 historic building right off the snowmobile and ATV trail
• Sale includes building, business assets, and inventory
• Dedicated banquet room plus a 3/4 bath for private events or expanded service options

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Bar & Pub

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

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 55760, MN

2,890

Population

3,385

Households

0.9

Avg Household Size

54

Median Age

21%

College-Educated

92%

High-School Grad

302.5 sq mi

ZIP Area

10

Density / Sq Mi

$60,341

Median Household Income

$36,533

Median Earnings

$897

Median Rent

$261,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Turn-key restaurant sale includes building, business assets, and a dedicated banquet room with 3/4 bath.

Where is this conventional restaurant located?

The property is located at 36232 Kestrel Avenue McGregor, MN.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: Year‑built 1923 historic building right off the snowmobile and ATV trail; Sale includes building, business assets, and inventory; Dedicated banquet room plus a 3/4 bath for private events or expanded service options