35322 County Road 3 Crosslake, MN 56442

$1,295,000
Active
 |  MLS # 6600987
Active
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About The Listing

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 of 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.


Listing courtesy of Mike O'Connell, Larson Group Real Estate/Kelle
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1964
MLS #: 6600987
Garage Spaces: 0
Parking Description: Gravel, Parking Lot, Open
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air, Ductless Mini-Split, Window Unit(s)
Water: Submersible - 4 Inch, Drilled, Private, Well
Heat Type: Baseboard, Boiler, Ductless Mini-Split, Fireplace(s)
Basement: Block, Daylight/Lookout Windows, 8 ft+ Pour, Finished, Owner Access, Partially Finished, Storage Space, Sump Pump, Walkout
Construction Description: Cedar, Fiber Board
Roof Description: Age Over 8 Years, Metal, Pitched
Disability Features: Fully Wheelchair, Grab Bars In Bathroom, Wheelchair Ramp(s)
Latest Update: 09/13/2024
List Date: 09/13/2024
Listing Agent ID: 500501385
Listing Office: Larson Group Real Estate/Kelle
Listing Office ID: 25414
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Water Filtration System, Indoor Grill, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Lot Dimensions: 178 x 278 x 24 x 325 x 162
Lot Size: 1.86 Acres
Lot Features: Accessible Shoreline, Corner Lot, Irregular Lot, Tree Coverage - Heavy, Underground Utilities
View Description: East, Panoramic, River
Waterfront: River Front, River View
School District: Pequot Lakes
Tax Year: 2024
Estimated Taxes: $4,832
Contingency Type: None
City: Crosslake
Zip: 56442
County: Crow Wing
State: MN
Listing last updated: 09/13/24

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