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

OfficeReal Estate Masters, Ltd.

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