2198 Highway 47, Ogilvie, MN
$1,199,000 - Lake Ann
5
Beds
3
Baths
5,400
Square feet
2.63
Acres
About 2198 Highway 47
Set along the shores of Ann Lake in Kanabec County, McBees Restaurant & Bar offers an exceptional chance to own a well-established lakeside destination with multiple revenue streams and a loyal customer base. Ideally positioned just north of Ogilvie, MN on Highway 47, the property sits at the gateway to the scenic lake country of northern Minnesota - an area known for its natural beauty, recreation, and year-round tourism. The property enjoys approximately 500 feet of shoreline on Ann Lake, a nearly 700-acre recreational lake celebrated for excellent fishing and boating. Six private docks accommodate customers and provide seasonal rental opportunities, enhancing both convenience and income potential. Inside, McBees offers a warm spacious environment designed to serve everything from casual drop-ins to large gatherings. The main bar features wrap-around seating, high-top tables, and a row of booths ideal for families or quieter diners. A dedicated dining area at one end of the restaurant includes ample table seating and a dance floor, frequently used for special events, music, and popular springtime line-dancing lessons. Through double French doors, a separate east-facing dining room provides sweeping lake views and a bright, relaxed atmosphere - an inviting setting for breakfast, lunch or dinner with a waterfront backdrop. Expansive decks on both the south and east sides of the building offer high-top seating with unobstructed views of the hillside, shoreline, and wide-open water. These outdoor spaces are a major draw during warm months, creating a vibrant, social lakeside experience. A freshly resurfaced parking lot ensures ample parking capacity for busy evenings, weekends, and event nights. McBees has long been known for serving great food at reasonable prices, offering a menu that blends classic favorites with creative specials. Drinks are served icy cold, cocktails are generously poured, and the staff - both in the kitchen and on the floor -are recognized for their prompt, friendly service. The business enjoys strong financials and a loyal following from locals, cabin owners, and seasonal visitors. Included in the sale are two rental cabins and an attached two-bedroom home, expanding the property's versatility and revenue potential. + Larger Cabin: Two bedrooms (one with a queen bed one with four double beds), a spacious living room, full kitchen, and a welcoming porch overlooking the lake. Ideal for groups. + Efficiency Cabin: A compact rental with a 3/4 bath, small porch and great lake views - perfect for weekenders or solo travelers. + Attached Home: A charming two-bedroom residence with split-log interior, pine cabinetry, hardwood floors, abundant storage, skylights ad a warm rustic character. The layout includes a main-floor bedroom, large attic bedroom, full kitchen and open living/dining area. The wood-burning river-rock fireplace is a masterpiece. Both cabins feature a generous yard for campfires, gatherings and lakeside relaxation. With its established reputation, prime lakeshore setting, multiple income streams and inviting atmosphere, McBees represents a rare opportunity for the next owner to step into a thriving business - or expand it even further. Whether continuing its legacy or reimagining the property for new ventures, this lakeside landmark offers a compelling blend of lifestyle, location and long-term promise.
Features of 2198 Highway 47
| MLS® # | 7073845 |
|---|---|
| Price | $1,199,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 5,400 |
| Acres | 2.63 |
| Year Built | 1940 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
| Lake Name | Lake Ann |
Community Information
| Address | 2198 Highway 47 |
|---|---|
| City | Ogilvie |
| County | Kanabec |
| State | MN |
| Zip Code | 56358 |
Amenities
| Utilities | Electric Common |
|---|---|
| Parking | Detached Garage, Gravel, Parking Lot, More Parking Onsite for Fee |
| # of Garages | 1 |
| View | East, Lake, Panoramic |
| Is Waterfront | Yes |
| Waterfront | Dock, Lake Front, Lake View |
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Fuel Tank - Rented, Indoor Grill, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Block |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Accessible Shoreline, Irregular Lot, Tree Coverage - Light |
| Roof | Age Over 8 Years, Asphalt, Pitched |
| Construction | Frame |
School Information
| District | Ogilvie |
|---|
Additional Information
| Zoning | Business/Commercial,Shoreline |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $11,944 |
| Tax Year | 2025 |
| Office | Real Estate Masters, Ltd. |
Listing Details
| Office | Real Estate Masters, Ltd. |
|---|