Turnkey Restaurant and
For Sale
$650,000
7 1st Avenue NW, Crosby, MN 56441
Turnkey restaurant and bar with a full kitchen, bar area, and pet-friendly patio, plus two leased rental units.
Property SizeContact for details
Days on Market323
Property Features for 7 1st Avenue NW
General Information
Standard status
Active
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,808
Building Details
Year Built
1900
Stories
2
Units
2
Listing Agency:
LPT Realty, LLC.
(763) 244-6648
Listed By:
Eli Kohorst
(763) 244-6648
Source:
Juverealestate
Added: Sep 24, 2025
Changed: Aug 8
Last Checked: Aug 11 at 1:46PM
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 LPT Realty, LLC.
Investment Insights
Based on property information with market context.
This turnkey restaurant and bar includes a modern dining area, full kitchen, and a bar, offering an operational setup for an owner-operator. The property also features a pet-friendly patio.
The business is described as established and located in the heart of Crosby, with proximity to the Cuyuna trails and year-round tourism.
In addition to the restaurant space, there are two rental units currently being leased, providing supplemental income.
The business is described as established and located in the heart of Crosby, with proximity to the Cuyuna trails and year-round tourism.
In addition to the restaurant space, there are two rental units currently being leased, providing supplemental income.
Key Highlights
- Turnkey restaurant and bar concept with a full kitchen and bar area
- Includes a modern dining area and a pet‑friendly patio
- Two rental units are currently leased for supplemental income
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 15%
Home Improvements & Furnishings 6%
Holiday Station Store
Shops & Services
8,505 visits/mo
0.3 miles
Dollar Tree
Shops & Services
5,524 visits/mo
0.2 miles
SUBWAY
Dining
3,276 visits/mo
0.2 miles
Hele
Shops & Services
2,772 visits/mo
0.1 miles
Crosby Ace Hardware
Home Improvements & Furnishings
1,279 visits/mo
0.1 miles
Demographics for 56441, MN
3,439
Population
2,155
Households
1.6
Avg Household Size
49
Median Age
18%
College-Educated
91%
High-School Grad
89.2 sq mi
ZIP Area
39
Density / Sq Mi
$50,705
Median Household Income
$33,955
Median Earnings
$839
Median Rent
$193,600
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 - Turnkey restaurant and bar with a full kitchen, bar area, and pet-friendly patio, plus two leased rental units.
Where is this conventional restaurant located?
The property is located at 7 1st Avenue NW Crosby, MN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Turnkey restaurant and bar concept with a full kitchen and bar area; Includes a modern dining area and a pet‑friendly patio; Two rental units are currently leased for supplemental income
