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    Baxter, MN
    Conventional Restaurant

    Baxter, MN Conventional Restaurants for Sale

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    Brainerd, MN Pillager, MN East Gull Lake, MN Nisswa, MN Merrifield, MN Lake Shore, MN Garrison, MN Crosby, MN
    Former Restaurant Building on Highway
    Updated: Nov 3, 2025
    Former Restaurant Building on Highway

    15115 Edgewood Dr, Baxter, MN

    Contact for pricing
    6,802 sqft 1.77 AC lot
    Fully‑equipped commercial kitchen with pizza oven.
    Multiple stylish dining areas and a charming bar.
    Located on the bustling Hwy 371 corridor in Baxter.
    Former Prairie Bay building, a well‑known location.
    Opportunity to establish a restaurant in a vibrant scene.
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    Panera Bread Restaurant
    Updated: Oct 22
    Panera Bread Restaurant

    13688 Elder Drive, Baxter, MN 56425

    Contact for pricing
    Panera Bread restaurant at 13688 Elder Drive in Baxter, Minnesota
    Absolute NNN lease structure
    15 years in the primary lease term
    Three renewal options of five years each
    Rent increases 8% every five years
    View details
    See hot listings in Baxter

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    2 active listings match your search: Restaurant for sale in Baxter, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Story Entertainment and Warehouse Facility
    Three-Story Entertainment and Warehouse Facility

    23836 Smiley Rd, Nisswa, MN 56468

    $1,600,000
    14,642 sqft

    Three-story property with commercial kitchen, rooftop deck access, and warehouse-style lower level with walk-in coolers and mezzanine seating.

    View details
    Brewery Property with Event Space
    Brewery Property with Event Space

    23836 Smiley Road, Nisswa, MN 56468

    $1,500,000
    2.64 AC lot

    Three levels combine event areas, food-service facilities, warehouse space and outdoor gathering areas.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    601 Washington Street, Brainerd, MN 56401

    $589,900
    0.43 AC lot

    The restaurant includes commercial equipment and fixtures, with residential and commercial rentals contributing additional uses.

    View details
    Restaurant Building with Commercial Kitchen
    Restaurant Building with Commercial Kitchen

    15115 Edgewood Drive, Brainerd, MN 56401

    $1,350,000
    1.77 AC lot

    Restaurant property with multiple dining areas, bar seating, and a pizza oven-equipped kitchen.

    View details

    Baxter, MN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Baxter, MN on our real estate platform. These investment opportunities span a total of 6,802 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Bars & Pubs 1

    Demographics Overview

    Population 40K
    Population Growth (5Y) +7.0%
    Median Household Income $70,490
    College Educated 42.0%

    Taxes & Financing

    Tax Rate (average for all types) 2.34%
    Property Tax per SF $46.09 per SF
    Tax Rate vs County Average 0.86 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Crow Wing County

    New Delisted

    Total CRE Inventory on Market (SF)

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