A fantastic opportunity to own a restaurant & bar in the growing city of Park Rapids MN. The Silver Star Saloon & Eatery features a cozy Northwoods rustic ambiance. It offers 76 restaurant seats, 25 bar seats, and an outdoor patio with 34 seats and a volleyball court. Sale includes fixtures/equipment. Additional highlights include fireplace, ample parking & salad bar station. Recent improvements include remodeled entry, new flooring in entry and bar, new bar, and new tables, chairs, & light fixtures. The back patio deck now has an added cement slab with fencing, creating more seating space. Also includes an extra building 32’6 x 73’ (former radiator shop) with plans to convert to an event center. The building includes partially finished living quarters. With power on Hwy 34, there’s potential to add a business sign for more visibility. An excellent opportunity for the right buyer to step in and capitalize on the potential.
MLS# | 6630601 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1988 |
Days On Site | 63 |
Listing Provided By | Coldwell Banker Crown Realtors | Cynthia Wentz |
Buyer Commission | 2.25% |
SQ Feet | 5,790 |
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Story(s) | 1 |
Units | 2 |
Zoning | Business/Commercial |
Acreage | 4.56 |
State | MN |
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County | Hubbard |
City | Park Rapids |
Zip Code | 56470 |
School District | 309 |
Listing VS Median (in 56470) | |
Price: $575,000 low | high Med: $299,900 SqFt: 5,790 low | high Med: 1,176 $ / SqFt: $99 low | high Med: $255 On Site: 63 low | high Med: 13.000000 |