Excellent investment opportunity to purchase this retail shopping center! 100% fully leased. Long term tenants provide stable rental income. Highly visible location right off Highway 10 in Rice, MN. Holiday gas station has a long-term lease and will continue to operate the gas station.
Here is a great opportunity to purchase some high visibility retail/light industrial space in close proximity to Hwy 10 just north of St. Cloud. There has been a successful small engine repair and power equipment business run from this location for many years.
For Sale - Old Creamery Restaurant & Catering located in the growing community of Rice, MN. This fully equipped restaurant offering consists of one 4,400 SF building with seating for over 140. Large 1.4+/- acre parcel with ample parking and room for building expansion, or possibility of splitting the parcel to allow another commercial development on the site. Many improvements made over the years including; new POS system, steel roof, and much more. Minimal competition in the immediate area. Rare opportunity to acquire this popular dining establishment conveniently located on Highway 10 corridor. Ideal for experienced operator to take this long-time established business to the next level. Current owner will assist new owner in transition.
The median home value in Rice, MN is $332,450. This is higher than the county median home value of $259,700. The national median home value is $338,100. The average price of homes sold in Rice, MN is $332,450. Approximately 87.66% of Rice homes are owned, compared to 11.25% rented, while 1.09% are vacant. Rice real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rice real estate agent to arrange a tour today!
Rice, Minnesota has a population of 1,823. Rice is more family-centric than the surrounding county with 46.18% of the households containing married families with children. The county average for households married with children is 31.35%.
The median household income in Rice, Minnesota is $84,952. The median household income for the surrounding county is $65,529 compared to the national median of $69,021. The median age of people living in Rice is 33 years.
The average high temperature in July is 82.5 degrees, with an average low temperature in January of 1.6 degrees. The average rainfall is approximately 28.6 inches per year, with 48.3 inches of snow per year.