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PROPERTY DETAILS

MLS# 6600987

35322 County Road 3, Crosslake, MN 56442

List Price: 1,295,000

MLS#: 6600987

Property Details

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.

Features

Type

Commercial Sale

Zoning

Business/Commercial

Year Built

1964

School District

Pequot Lakes

County

Crow Wing

Lot Size

178 x 278 x 24 x 325 x 162

Acreage

1.86 acres

Basement

Block,Daylight/Lookout Windows,8 ft+ Pour,Finished,Owner Access,Partially Finished,Storage Space,Sump Pump,Walkout

Above Grd

0 sq ft

Below Grd

0 sq ft

Tax $ / Year

$4,832 / 2024

Additional Features

Basement

Block, Daylight/Lookout Windows, 8 ft+ Pour, Finished, Owner Access, Partially Finished, Storage Space, Sump Pump, Walkout

Cooling

Central Air, Ductless Mini-Split, Window Unit(s)

Driveway

Exterior Features

Cedar, Fiber Board

Foundation

4310.00

Fuel Source

Electric, Natural Gas

| View All |

Heating

Baseboard, Boiler, Ductless Mini-Split, Fireplace(s)

Roof

Age Over 8 Years, Metal, Pitched

Sewer Service

City Sewer/Connected

Water Service

Submersible - 4 Inch, Drilled, Private, Well

Water Heater

Parking Lot

Gravel, Parking Lot, Open

Exterior Construction

Utilities

Electric Common, Heating Common, Hot Water Common

Laundry

N

X

Basement

Block, Daylight/Lookout Windows, 8 ft+ Pour, Finished, Owner Access, Partially Finished, Storage Space, Sump Pump, Walkout

Cooling

Central Air, Ductless Mini-Split, Window Unit(s)

Driveway

Exterior Features

Cedar, Fiber Board

Foundation

4310.00

Fuel Source

Electric, Natural Gas

Handicap Access

Fully Wheelchair, Grab Bars In Bathroom, Wheelchair Ramp(s)

Heating

Baseboard, Boiler, Ductless Mini-Split, Fireplace(s)

Roof

Age Over 8 Years, Metal, Pitched

Sewer Service

City Sewer/Connected

Water Service

Submersible - 4 Inch, Drilled, Private, Well

Water Heater

Parking Lot

Gravel, Parking Lot, Open

Exterior Construction

Utilities

Electric Common, Heating Common, Hot Water Common

Laundry

N

X

Rooms

Size

Level

Floor

Water Front

Waterfront Type

River Front,...

Waterfront Elevation

10-15

Waterfront Slope

Gradual

Waterfront Clarity

-

Includes

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, Building, Business Assets, Business, Fixture/Equipm...

Listing Agency

Larson Group Real Estate/Kelle