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Investment Highlights

  • Strong local following and destination for vacationers in a popular lake activity region.
  • Located on 3.67 acres with ample parking and land for outdoor expansion or entertainment areas.
  • Prominent highway frontage offering excellent visibility for year-round traffic.

Executive Summary

Price Reduced Tavern Eatery for Sale – Over 3 Acres in Prime Lake Country! Former living quarters upstairs. Nestled in the heart of lake country central Minnesota on hwy 169. Well established tavern eatery sitting on over 3 acres of land, freestanding building, offering a rare opportunity to own an established business. Cozy dining area, full bar and kitchen with office and additional storage upstairs. Gaming revenue! Turnkey Restaurant & Bar – A local favorite with a welcoming atmosphere, known for great food, drinks, and hospitality. Surrounded by pristine lakes and a popular getaway destination for outdoor enthusiasts, vacationers, and locals alike. Potential Living Quarters – Onsite living accommodations possible upstairs currently being used as an office, but former living area, additional income opportunity. Expansion Opportunities Plenty of room to expand outdoor entertainment features. Ample Parking & Easy Access – Conveniently located with plenty of parking for both regulars and travelers passing through. Over the last several years the owner has invested approx. $350k into a new dining area, bathrooms, kitchen expansion, and building improvements.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,455 SF
Year Built
1946
Price
$1,118,041 CAD
Price Per SF
$173.21 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
3.67 AC
Zoning
Commercial - Commercial

About 26838 US HIGHWAY 169 , AITKIN, MN 56431

Located in Minnesota’s scenic lake country, this established tavern and eatery presents a turnkey opportunity for entrepreneurs or investors seeking a thriving hospitality business. Situated on approximately 3.67 acres along heavily traveled U.S. Highway 169, the property offers outstanding visibility and accessibility for both locals and seasonal visitors. The 6,455-square-foot building features a cozy dining room, a full-service bar, and a commercial kitchen complemented by significant recent upgrades, including a remodeled dining area, enlarged kitchen, updated bathrooms, and overall building improvements estimated at $350,000. Former upstairs living quarters provide potential for owner occupancy or alternative use. With ample on-site parking, room for future outdoor amenities, and a loyal customer base fueled by gaming and community events, this property is positioned for continued success.

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
11-0-028801
Land Assessment
$61,335 CAD
Improvements Assessment
$381,145 CAD
Total Assessment
$442,481 CAD
  • Listing ID: 34805784

  • Date on Market: 2025-02-12

  • Last Updated:

  • Address: 26838 US Highway 169, Aitkin, MN 56431

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