35322 County Road 3 Active Save Request In-Person Tour Request Virtual Tour
Crosslake,MN 56442
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6600987
Year Built 1964
Annual Tax Amount $4,832
Tax Year 2024
Lot Size 1.860 Acres
Property Description
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.
Location
State MN
County Crow Wing
Zoning Business/Commercial
Rooms
Kitchen Cookware/Utensils,Prep Station,Refrigerator,Shelving and Racks,Walk-In Cooler/Freezer,Dishwasher,Freezer,Fryer,Grill,Ice Machine,Oven,Pre-Piped Fire Suppression System
Interior
Heating Baseboard,Boiler,Ductless Mini-Split,Fireplace(s)
Cooling Central Air,Ductless Mini-Split,Window Unit(s)
Inclusions Building,Business Assets,Business,Fixture/Equipment,Inventory,Land,Liquor License
Exterior
Parking Features Gravel,Parking Lot,Open
Utilities Available Electric Common,Heating Common,Hot Water Common
Waterfront Description River Front,River View
View East,Panoramic,River
Roof Type Age Over 8 Years,Metal,Pitched
Building
Lot Description Accessible Shoreline,Corner Lot,Irregular Lot,Tree Coverage - Heavy,Underground Utilities
Story One
Foundation 4310
Sewer City Sewer/Connected
Water Submersible - 4 Inch,Drilled,Private,Well
Structure Type Cedar,Fiber Board
Schools
School District Pequot Lakes