Highway-Front Restaurant With Trail
For Sale
$239,900
31701 US 71, Park Rapids, MN 56470
Business/commercial-zoned restaurant with a commercial kitchen, bar, patio space, and gas sales.
Property Size2,060 SF
Price / SF$116.46
Days on Market10
Property Features for 31701 US 71
General Information
Standard status
Active
Size
2,060 SF
Property subtype
Commercial
Zoning
Business/Commercial
Site & Location
Frontage
150 ft
Highway Access
Yes
Restaurant
Seating Capacity
55
Patio
Yes
Equipment Included
Yes
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,498
Amenities
direct trail access
Building Details
Building Size
2,060 SF
Year Built
1950
Units
1
Listing Agency:
Coldwell Banker Crown Realtors
(218) 252-1195
Listed By:
James Preiner
(218) 252-1195
Source:
Juverealestate
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 6 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Crown Realtors
Investment Insights
Based on property information with market context.
This 2,060-square-foot restaurant and bar, built in 1950, includes a commercial kitchen, bar area, dining space for 55 patrons, and additional patio seating. The sale includes inventory, along with facilities supporting on-sale and off-sale liquor, pull tabs, e-tabs, and gas sales. A large parking area serves the property, which is zoned Business/Commercial.
The property has 150 feet of frontage along US Highway 71 and direct access to ATV and snowmobile trails. Its setting is near Itasca State Park and within the lakes country recreational area, providing highway exposure and convenient access for trail users. The site combines a full-service food-and-beverage layout with established highway and recreational access.
The property has 150 feet of frontage along US Highway 71 and direct access to ATV and snowmobile trails. Its setting is near Itasca State Park and within the lakes country recreational area, providing highway exposure and convenient access for trail users. The site combines a full-service food-and-beverage layout with established highway and recreational access.
Key Highlights
- 2,060‑square‑foot restaurant and bar on 150 feet of US Highway 71 frontage
- Dining room accommodates 55 patrons, with additional patio space
- Commercial kitchen, bar area, inventory, and large parking area included
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cenex
Shops & Services
2,682 visits/mo
0.1 miles
Demographics for 56470, MN
10,668
Population
7,478
Households
1.4
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
382.5 sq mi
ZIP Area
28
Density / Sq Mi
$68,351
Median Household Income
$37,044
Median Earnings
$929
Median Rent
$260,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Business/commercial-zoned restaurant with a commercial kitchen, bar, patio space, and gas sales.
Where is this conventional restaurant located?
The property is located at 31701 US 71 Park Rapids, MN.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2,060‑square‑foot restaurant and bar on 150 feet of US Highway 71 frontage; Dining room accommodates 55 patrons, with additional patio space; Commercial kitchen, bar area, inventory, and large parking area included
