Crosslake, MN 56442,35322 County Road 3
Crosslake, MN 56442,35322 County Road 3
Crosslake, MN 56442,35322 County Road 3
60
$1,200,000
$1,295,000
7.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

81,021 SqFt

35322 County Road 3 Crosslake, MN 56442

Est. payment /mo
SOLD DATE : 02/13/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,200,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 81,021 sqft

Price per Sqft $14

MLS Listing ID 6600987

Sold Date 02/13/25

Year Built 1964

Annual Tax Amount $4,882

Lot Size 1.860 Acres

Acres 1.86

Lot Dimensions 178 x 278 x 24 x 325 x 162

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

Direction From the intersection of County Road 3 and County Road 66 in Crosslake take County Road 3 South, go over the bridge and the Riverside Inn, which has the address of 35322 County Road 3, will be on your left.

Interior

Heating Baseboard, Boiler, Ductless Mini-Split, Fireplace

Cooling Central, Ductless Mini-Split, Window

Window Features Aluminum Frames,Blinds,Double Pane Windows,ENERGY STAR Qualified Windows,Window Treatments,Wood Frames

Exterior

Parking Features Parking Lot, Driveway - Gravel, Uncovered/Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Metal,Pitched

Accessibility Fully Wheelchair, Grab Bars In Bathroom, Wheelchair Ramp

Porch Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened

Building

Lot Description Accessible Shoreline, Corner Lot, Irregular Lot, Tree Coverage - Heavy, Underground Utilities

Water 4-Inch Submersible, Drilled, Private, Well

Structure Type Block,Frame

Others

Senior Community No

Tax ID 14210748

Read Less


Listed by Larson Group Real Estate/Kelle

GET MORE INFORMATION

agent

Adam Runde

Agent | License ID: 10735

+1(701) 799-0084

Name
Phone*
Message