405 Main St Rice, MN 56367
- Commercial real estate
- 1,764 SF
- 1.39 lot acres
Current Use by Public Records
- Old Creamery Cafe / Restaurant
- Creative Catering / Caterer / Event Planner
Property Details for 405 Main St
- Year built
- 1950
- Lot size
- 1.39 lot acres
- Property size
- 1,764 SF
- Property type
- Commercial real estate
- APN
- 15.00428.00
- APU
- 150042800
Description
This exceptional commercial property presents a rare opportunity to acquire a well-established restaurant and catering business in the thriving community of Rice, Minnesota. Located on the highly visible Highway 10 corridor, the property boasts a spacious 4,400 square foot building situated on a generous 1.39-acre lot. The building comfortably seats over 140 patrons and is fully equipped for immediate operation. Recent improvements include a new point-of-sale system and a durable steel roof, reflecting a commitment to ongoing maintenance and modernization. Ample parking is available, and the expansive lot offers significant potential for future expansion of the existing restaurant or even the possibility of subdividing the land for additional commercial development. The property benefits from minimal competition in the immediate area, ensuring a strong market position. This turnkey operation is ideal for an experienced restaurateur seeking to acquire a profitable, established business with significant growth potential. The current owner is prepared to assist with a smooth transition to new ownership, ensuring a seamless handover of operations. This is a truly unique opportunity to own a successful restaurant in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rice
- County
- Benton
- State
- Minnesota
- Longitude
- -94.216
- Latitude
- 45.7545
- CBSA code
- 41060
- CBSA name
- ST. CLOUD, MN METROPOLITAN STATISTICAL AREA
