McGregor Homes with Business Opportunity Style

Welcome to McGregor, Minnesota – a hidden gem nestled in Aitkin County, where the charm of small-town living meets the promise of entrepreneurial opportunity. This picturesque city is surrounded by lush forests and sparkling lakes, making it an ideal location for those who appreciate nature and community. With a population that embraces its rich history and vibrant culture, McGregor is not just a place to live, but a place to thrive.

For aspiring entrepreneurs and seasoned business owners alike, McGregor offers a unique blend of residential properties with business opportunity potential. Imagine waking up in a cozy home, surrounded by the tranquility of the North Woods, and stepping into your own thriving business just steps away. Whether you're looking to open a quaint café, a boutique shop, or a service-oriented business, the homes here often come with the added advantage of commercial zoning, providing you the flexibility to turn your dreams into reality.

The local economy is on the rise, bolstered by a supportive community and a steady influx of visitors drawn to the area's natural beauty and recreational activities. With stunning lakes for fishing and boating, miles of hiking trails, and a warm, welcoming atmosphere, McGregor is an ideal backdrop for both living and working.

Explore the possibilities of combining your passion for business with the serene lifestyle that McGregor offers. Here, your home can be more than just a place to live – it can be the heart of your entrepreneurial journey. Discover the homes with business opportunity styles that await you in this charming Minnesota city, and start your next chapter in McGregor today!

Newest McGregor Homes with Business Opportunity Style

$1,150,000

2 Beds ⋅ 1 Baths ⋅ 7130874 MLS

Rare opportunity on beautiful Round Lake offering a unique combination of lakeshore, established business, lodging and recreational amenities. Round Lake Resort and Bar is a year-round property that has seen extensive improvements, including a major bar renovation in 2025 with leveled and insulated flooring, new subfloor and flooring, updated refrigeration and coolers, new freezers, new fans, POS system, security system, secure liquor room and additional equipment upgrades. The kitchen has also been remodeled and the property features multiple dining and gathering areas, mini-split system and updated mechanicals. The lake setting includes new docks, new patio areas, new volleyball court and bocce courts, swing sets and space for guests to gather and enjoy the waterfront. Entertainment features include multiple TVs, games, jukebox and ATM. Property has a new septic system, new tables, chairs, barstools, outdoor tables and chairs and bar, new taps, umbrellas and more. Property also includes a furnished 2-bedroom cabin with an updated shower and new counter tops and furniture. 20 seasonal RV/camping sites provide additional income. There are many revenue opportunities including, bar/restaurant, pull tabs, games, off sale, two gas pumps, rental dock spaces, and cabin rent. There is a 30x40 garage as well and a 3bd, 2ba trailer attached to the back of the bar. Property offers an impressive combination of lakeshore, accommodations, recreation and business potential all in one location.

16469 Goshawk Street, McGregor

Listing courtesy of Re/Max Advantage Plus.

$229,900

7106992 MLS

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.

49463 202nd Place, McGregor

Listing courtesy of LPT Realty, LLC.

$290,000

7065761 MLS

Jackson’s Hole in Lawler is one of those places people know, remember, and keep coming back to. Set in a historic, character-filled building right off the snowmobile and ATV trail, this established, year-round business has built a loyal following and a reputation that carries well beyond the immediate area. It’s a place where history and personality come together in a way that’s hard to replicate. The sale includes the building, business assets, and inventory, making it a true turn-key opportunity for someone ready to step in and keep things rolling. The property spans almost a full city block, offering additional space that may lend itself to a variety of future uses, subject to local approvals. Inside, the dedicated banquet room with a 3/4 bath adds flexibility for private events, gatherings, or expanded service options. If you’ve been looking for something with personality, history, and a built-in customer base, this is a chance to take over a place that already has its own story and is looking for someone to write the next chapter.

36232 Kestrel Avenue, McGregor

Listing courtesy of Statement Realty.

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