49463 202Nd Pl, McGregor, MN 55760
This exceptional business opportunity presents the chance to own the established Red Rock Bar & Grill. The sale includes the thriving business, a substantial 8,277 square foot building situated on a 1.65-acre lot, providing ample space and potential for expansion. The property boasts both on and off-sale liquor licenses, ensuring a seamless transition for the new owner. All furnishings, equipment, and inventory are included in the sale price of $299,000, making this a truly turnkey operation. The building itself is a striking structure featuring a charming log interior, complemented by two fully equipped bars, a large seating and dining area perfect for accommodating numerous patrons, and a spacious full kitchen complete with two walk-in coolers and freezers. Further enhancing its versatility, the property includes a sizable event/banquet hall, ideal for hosting private parties, weddings, and other special occasions. A dedicated game room adds to the entertainment options, while upstairs living quarters offer convenient on-site accommodation. Strategically located off Highway 65, the Red Rock Bar & Grill enjoys excellent visibility and accessibility, placing it just minutes from popular ATV/snowmobile trails, the picturesque Big Sandy Lake, and the vibrant city of McGregor. This year-round establishment presents a unique opportunity for a savvy investor seeking a profitable and well-established business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.