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NO CD'S...cash sale preferred. Septic is not compliant to todays codes, still works but new buyer will have to install and pay for it. Cost and size depends on what the intended use will be. Call agent for more informatin regarding septic. Kitchen does need to have ServPro out to clean/polish up since it has been 5+ years since it been used to its full potential. Kitchen equiptment worked 5+ years ago( stopped using during covid), fire supression system needs to be brought to code.( bid in the supplements) Upper level has a 1 bedroom, 3/4 bath, living room living quarters. Does need some TLC but with the right vision you could bring this historic gem back to its full glory. Vaulted ceilings with stunning log beams, log interior with 2 spacious bars, lots of seating, booths high and low tables, stage for a band/DJ, large area for a dance floor, this would be optimal space to host events, dart tournaments, pool league, bag league, add a patio out front for people to enjoy the lakes area outdoor beauty. Currently On/off sale liquor license, gambling license and restaurant license. All licensees have to be applied with a new owner. Mcgregor area has many events all year long to bring revenue to the area ~ snowmobile side by side runs, vintage run, poker run, many lakes, trails for all type of entertaiment. Sold as is - owner is not making any concessions to any repairs needed. New septic will be new owner’s responsibility. We are obtaining bids. Food and beverage is sold seperate.

Highlights

  • Commercial Sale
  • Built in 1954
  • 1.65 Acre Lot
  • 116 days on Market

  • Year Built
    1954
  • Stories
    2.0
  • Construction Materials
    Frame
  • Foundation
    Block
  • Parking Features
    Gravel
  • Interior Features
    Vaulted Ceiling(s), Kitchen Island
  • Flooring
    Vinyl
  • Cooling
    Central Air
  • Heating
    Forced Air, Propane
  • Basement
    None

  • Acres
    1.65
  • Water
    Private, Well

  • County
    Aitkin
  • City
    Mcgregor
  • Zip Code
    55760

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Frequently Asked Questions

How do I schedule a tour of 49463 202nd Pl?

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How do I get more information about 49463 202nd Pl?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $229,900. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Mcgregor, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 49463 202nd Pl?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 49463 202nd Pl at around $1,495. This includes estimated property taxes and insurance.

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How do I get pre-approved to buy 49463 202nd Pl?

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Can I negotiate the asking price for 49463 202nd Pl?

In most cases, yes. Whether 49463 202nd Pl is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Mcgregor's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 49463 202nd Pl?

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You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $229,900 with 8,448 sqft of space—that comes out to approximately $27 per square foot.

How long has this property been on the market?

49463 202nd Pl was listed on July 16, 2026, which means it's been on the market for 116 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1954, making it approximately 72 years old.

What is the lot size of this property?

49463 202nd Pl sits on a 1.65-acre lot, which is 71,874 square feet.

What are the property taxes for 49463 202nd Pl?

The most recent public record shows annual property taxes for 49463 202nd Pl were approximately $2,242. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 49463 202nd Pl still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data


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Based on information submitted to the MLS GRID as of November 09, 2026 at 11:15PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 09, 2026 at 11:15PM | Source: NorthstarMLS | MLS#: 7106992

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