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Presented By: Larson Group Real Estate/Kelle
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.
Presented By: Larson Group Real Estate/Kelle
BasementBlock, Daylight/Lookout Windows, 8 ft+ Pour, Finished, Owner Access, Partially Finished, Storage Space, Sump Pump, Walkout
Basement (Y/N)Yes
Ceiling HeightVaried Heights
FuelElectric, Natural Gas
Lake Acres
Waterfront Feet178
AccessibilityFully Wheelchair, Grab Bars In Bathroom, Wheelchair Ramp(s)
Additional Parcels Y/NNo
Amenities UnitCeiling Fan(s), Deck, Indoor Sprinklers, Kitchen Center Island, Local Area Network, Natural Woodwork, Patio, Panoramic View, Satelite Dish, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup
AppliancesAir-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 O
Body of WaterPine River
CityCrosslake
Construction MaterialsCedar, Fiber Board
ContingencyNone
CoolingCentral Air, Ductless Mini-Split, Window Unit(s)
CountyCrow Wing
Current UseFood Service, Restaurant, Bar/Tavern
DirectionsFrom 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 l
Garage Spaces
HeatingBaseboard, Boiler, Ductless Mini-Split, Fireplace(s)
High School DistrictPequot Lakes
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
NumberOfUnitsTotal1
OwnerPaysAll Utilities, Sewer, Snow Removal, Taxes, Trash Collection
Possible UseRestaurant, Bar/Tavern
PostalCityCrosslake
Property TypeCommercial Sale
RoofAge Over 8 Years, Metal, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount4832
Tax Year2024
TopographyHigh Ground, Sloped, Walkout, Wooded
UtilitiesElectric Common, Heating Common, Hot Water Common
ViewEast, Panoramic, River
Waterfront FeaturesRiver Front, River View
Waterfront Y/NYes
Year Built1964
Zoning DescriptionBusiness/Commercial
Building Area Total5494
Foundation Area4310
InclusionsBuilding, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
Lot Dimensions178 x 278 x 24 x 325 x 162
Lot FeaturesAccessible Shoreline, Corner Lot, Irregular Lot, Tree Coverage - Heavy, Underground Utilities
Lot Size Area1.86
Parking FeaturesGravel, Parking Lot, Open
Road Frontage TypeCounty Road, Paved Streets
Road ResponsibilityPublic Maintained Road
Water SourceSubmersible - 4 Inch, Drilled, Private, Well
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