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Active
$624,900
/mo Edit
Commercial:  1 Story
Built 2005
0.35 acres
MLS# 7020171
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    Property Description

    Turnkey, fully staffed bar & grill operating with established systems for hands-on or semi-absentee ownership. Successfully repositioned into a respected community hub with strong local support and recurring traffic. Hosts monthly Lions and community group meetings and maintains charitable gambling and lake association partnerships, creating consistent repeat business. Sale includes furniture, fixtures, equipment, digital signage, ATM, recipes, and operational systems for a seamless ownership transition. Recent improvements and updated equipment provide stability, and a brand-new patio scheduled for Spring 2026 positions the business for expanded capacity and seasonal revenue growth. Located in the heart of Osakis with excellent visibility, dine-in and take-out options, and room to expand events, live music, and outdoor service. Established reputation, built-in momentum, and deep community ties set this opportunity apart. Ideal for an owner-operator or investor seeking a proven operation with upside already in motion.

    Listing

    Contingency: None
    City: Osakis
    County: Douglas
    State: MN
    Property Style: 1 Story
    Zip Code: 56360
    Subdivision Name: Nokomis Comm Properties

    Interior

    Ceiling Height: 8-10
    Flooring: Concrete Slab, Luxury Vinyl Plank, Tile, Vinyl
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 0
    Air Conditioning: Central Air, Ductless Mini-Split
    Foundation Size: 5,712 ft2
    Foundation Dimensions: 112 x 44
    Fencing: None
    Handicap Accessible: Fully Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System:
    • Ductless Mini-Split
    • Forced Air
    Parking Features:
    • Parking Lot
    • Paved Lot
    Road Frontage: City Street
    Exterior Material: Block
    Pool: None
    Roof Details: Metal

    Lot & Land

    Acres: 0.35
    Geolocation: 45.867329, -95.148111
    Inclusions: Building, Business, Fixture/Equipment, Land
    Lot Dimensions: 160, 154, 155, 155
    Zoning: Business/Commercial

    Schools

    School District: 1040
    District Phone: 3208592191

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,244
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,244

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities: None Available
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Central MN Realty LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.