About This Home
This 5-bedroom, 3-bathroom single family at 2198 Highway 47 in Ogilvie, MN is listed for $1,199,000. Built in 1940, on a 2.63 acres lot.
Key Features
- Built in 1940
- 2.63 acre lot
- Waterfront
Property Details
Amenities
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 atmosph
ere, 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.
Monthly Cost Estimate
$6,413/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2198 Highway 47
Ogilvie, MN 56358
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 3-bathroom single family at 2198 Highway 47 is listed at $1,199,000. The estimated monthly payment is $6,413 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 2.63 acre lot, Waterfront. Exterior Features: Wood.
This property is listed by Rus Saboe and can be reached at (651) 484-4818.


