Listing Courtesy of: Mike O'Connell - Larson Group Real Estate/Kelle
218-692-6920
$1,295,000
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35322 County Road 3 Crosslake, MN 56442
General Commercial
Residence
Beds
Baths
5,494
Sq. Ft.
1.86
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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The Riverside Inn, a local favorite, is up for sale after being owned and operated by the same family since 1978. This well-known family restaurant is a legacy property located in the heart of Crosslake on a large 1.86-acre commercial lot, with 325 feet of prime frontage on County Road 3, 178 feet o...f frontage on the Pine River, beautiful flower gardens, and a fish pond. The Riverside Inn features a cozy Up North supper club dining atmosphere with a floor-to-ceiling stone fireplace and a back deck offering panoramic views of the Pine River, attracting lifelong customers. This restaurant can accommodate up to 120 people, making it perfect for hosting special events such as weddings, parties, or community group gatherings. Furthermore, there are bocce courts available for organizing tournaments. The property also includes an on-site liquor store and offers tubing down the Pine River as an additional revenue stream. Additionally, there is a lower-level 3-bedroom, 1-bathroom apartment that can be utilized as living space for owners or staff, or it could be rented out. Location is crucial for a commercial business, and the Riverside Inn benefits from its proximity to the Corp of Engineers Campground docks on Cross Lake of the Whitefish Chain, making it easily accessible to boaters looking for a meal. This restaurant is close to many other well-established businesses on the main drag of County Road 3 and Crosslake Town Square, making it a convenient stop for patrons. This turn-key restaurant has an existing client base that has consistently grown over time. Everything is in place for a new owner to take over and build upon the established success.
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MLS#
6600987
Property Type
General Commercial
Year Built
1964
Square Feet
5,494
sq. ft
Lot Size
1.86
Stories
1.0
Sewer
City Sewer
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