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Historic Wedding Venue with Riverfront Setting
New
For Sale
$599,000

691 Main Street W, Richmond, MN 56368

COMMERCIAL - Richmond, MN

Property SizeContact for details
Lot Size5.40 Acres
Days on Market2

Property Features for 691 Main Street W

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Exterior features Steel Siding
High school district Rocori
Directions Turn right onto MN-23 W, Turn right onto 191st Ave, Turn left onto Main St E/Oakwood Ave NE, then continue to follow Main St E , Continue onto Co Rd 111
Standard status Active
APN 74407000220
Lot size 5.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5960

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1932
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Alicia Arevalo
Added: Aug 18 Changed: Aug 19 Last Checked: Aug 19 at 4:06PM
MLS# 7129063

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Richmond Coliseum is a historic event property established in 1932 on 5.4 acres along the Sauk River. The facility includes a commercial-style kitchen, bar, seating for approximately 400 guests, and event infrastructure suited to gatherings and celebrations. An outdoor ceremony area features a gazebo and dedicated gathering space.

The property is located at 691 Main Street W in Richmond, Minnesota, with access to the Sauk River chain of lakes. Existing building features include steel siding, forced-air heating, central air, and a basement. The combination of indoor event facilities, outdoor ceremony amenities, riverfront acreage, and established infrastructure supports continued use as a wedding or specialty event venue.

Key Highlights

  • 5.4 acres along the Sauk River
  • Access to the Sauk River chain of lakes
  • Seating for approximately 400 guests

Property Analytics

Current Use

The Olde Coliseum LLC Restaurant

Suggested Use

Top Pick Dental Office Auto Parts Store Electrical Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 56368, MN

4,372
Population
2,312
Households
1.9
Avg Household Size
45
Median Age
22%
College-Educated
94%
High-School Grad
70.5 sq mi
ZIP Area
62
Density / Sq Mi
$92,963
Median Household Income
$52,231
Median Earnings
$822
Median Rent
$309,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Historic event property with a commercial kitchen, bar, and outdoor ceremony area.
Where is this wedding venue located?
The property is located at 691 Main Street W Richmond, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 5.4 acres along the Sauk River; Access to the Sauk River chain of lakes; Seating for approximately 400 guests
More about this property
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