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Lakefront Mixed-Use Property
For Sale
Contact for pricing
Pending

51866 224th Place, McGregor, MN 55760

Bar and restaurant improvements combine with three-bedroom owner accommodations and live-work functionality.

Property SizeContact for details
Lot Size2.00 Acres
Days on Market143

Property Features for 51866 224th Place

General Information

Standard status Pending
Lot size 2.00 Acres
Property subtype Retail, Industrial, Mixed Use, Business for Sale

Amenities

Internet connected
camping sites
banquet room
Pull Tabs
Pool Table
fun & games
Listing Agency: Edina Realty Inc
Listed By: Ed J Hanlon · License #MN 20130344
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 3:00AM

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 Edina Realty Inc

Investment Insights

Based on property information with market context.

This mixed-use property combines a bar and restaurant with on-site living quarters containing three bedrooms. Improvements include a commercial kitchen, banquet room, pool table, pull-tab operations, and additional recreational features. Internet service is connected, and the property has been maintained in clean condition.

Set on two acres along Big Sandy Lake, the property includes more than 400 feet of lakeshore and designated camping sites. The existing business has operated for 35 years, providing an established operating history for a buyer seeking a combined commercial and residential-use property.

Key Highlights

  • Mixed‑use bar and restaurant with three‑bedroom owner living quarters
  • More than 400 feet of lakeshore on Big Sandy Lake
  • Two‑acre lakefront property with camping sites

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Restaurant 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.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Bar and restaurant improvements combine with three-bedroom owner accommodations and live-work functionality.
Where is this mixed-use property located?
The property is located at 51866 224th Place McGregor, MN.
What are key features of this property?
This property features: Mixed‑use bar and restaurant with three‑bedroom owner living quarters; More than 400 feet of lakeshore on Big Sandy Lake; Two‑acre lakefront property with camping sites
(952) 938-1900 Call to check price and availability
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