5185 Meadville St Greenwood, MN

The property at 5185 Meadville Street, formerly The Old Log Theater, presents a distinctive restaurant, bar, and entertainment opportunity in Greenwood, Minnesota, near Lake Minnetonka. The property includes a fully furnished 7,500-square-foot restaurant and bar area, along with a 7,400-square-foot theater that features an auditorium, stage, and related spaces. The restaurant has seating for 233 patrons, including banquet seating for 177, bar counter seating for 12, bar dining for 32, and private dining for 12. The theater provides 560 seats. The parking lot includes 181 stalls, with 4 designated as handicap accessible. The total property size is 14,900 square feet. The restaurant and entertainment lease includes access to a scene shop and studio. The current owners, who have operated the property and theater since purchasing it in 2013, are closing the current operation in April 2024 and are seeking to lease the property to a new operator.