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    11328 W River Rd Champlin, MN 55316

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    For Sale
    $950,000

    Restaurant property with bar, patio, and equipment included.

    Property size:
    3,250 SF
    Lot size:
    0.79 Acres

    Property Features for 11328 W River Rd

    General Information

    Size
    3,250 SF
    Lot size
    0.79 Acres

    Source: Hospitality Services Corporation Agent Dan McGuire

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Champlin Restaurant with Bar & Patio

    Located in Champlin, Minnesota, just one block from the Mississippi River along the Great River Road and 15 miles north of Minneapolis, this restaurant property offers a prime location. The approximately 3,250 square foot building is situated on 0.79 acres and features a full bar with dedicated seating, a private dining area, and a patio with a fireplace. There is potential to expand the outdoor space to increase seasonal capacity. The property includes an expansive paved parking lot with excellent visibility and easy access. The sale includes restaurant equipment in typical used condition. Formerly operated as Mavericks for over 20 years, this well-known site is ready for a new operator. This is a rare opportunity to acquire a well-known site in a high-traffic area with strong community presence and growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Koala 🐨 Panda 🐼 Bear Restaurant Maverick's Wood Grill Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champlin
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.3498777
    Latitude
    45.1601145

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    FAQs

    What type of property is this?
    Restaurant - Restaurant property with bar, patio, and equipment included.
    Where is this restaurant located?
    The property is located at 11328 W River Rd Champlin, MN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Restaurant property with real estate and equipment included.; - Highly sought-after location in Champlin, MN, near the Mississippi River and Great River Road.; - Includes a full bar, private dining area, and **patio with fireplace**.
    (763) 972-9077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11328 W River Rd Champlin, MN 55316
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