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Property Details

35322 County Road 3
Crosslake, MN 56442

Price: $1,295,000

Listing # 6600987


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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 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.

Basic 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
Lot Description Accessible Shoreline,Corner Lot,Irregular Lot,Tree Coverage - Heavy,Underground Utilities
Number of Units 1
Lake Name Pine River
Water Frontage 178 ft
Tax $ / Year $4,832 / 2024
Tax ID
Legal Description

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...

Additional Features
Government Programs
Section 21
Terrain Type
Roads County Road,Paved Streets
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

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