405 Main Street E Rice, MN $ 695,000
405 Main Street E
$ 695,000
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405 Main Street E

Rice, MN, 56367
$ 695,000
Baths0.0 Sq 4,400

Monthly Estimate*

$ 4,855

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Studio

Commercial Property for sale in Rice, MN

for $695,000. This 4,400 square foot building was built in 1950 on a lot size of 1.39.

CBC Orion Real Estate Advisors is pleased to offer for sale Old Creamery Restaurant & Catering in the growing community of Rice, MN. This fully equipped restaurant offering consists of one 4,400 SF building with seating for over 140. Large 1.4+/- acre parcel with ample parking and room for building expansion, or possibility of splitting the parcel to allow another commercial development on the site. Many improvements made over the years including; new POS system, steel roof, and much more. Minimal competition in the immediate area. Rare opportunity to acquire this popular dining establishment conveniently located on Highway 10 corridor. Ideal for experienced operator to take this long-time established business to the next level. Current owner will assist new owner in transition.

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Commercial Active

Price

$ 695,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,956

Style

Lot Size

1.39

Year Built

1950

Town/City

Rice

County/Region

Benton

MLS | Web ID

6475571

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Aluminum Siding
Year Built 1950
Tax Year 2023
Current Use Food Service
Accessibility Partially Wheelchair
County Benton
Property Type Commercial Sale
Contingency None
Subdivision Name Creamery Add
Directions For Sale Old Creamery Restaurant & Catering in the growing community of Rice MN. Restaurant is conveniently located on the Highway 10 corridor between Saint Cloud and Brainerd. Neighboring businesses
City Rice
Buyer Agent Compensation 0.00
High School District Sauk Rapids-Rice
Zoning Description Business/Commercial
Total Units 1
Street Name Main
Land Lease Y/N N
Tax Annual Amount 3956
Additional Parcels Y/N N
Days on Market 92
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building Business Fixture/Equipment Land Liquor License
Lot Size Area 1.39
Building Area Total 4400
Lot Dimensions 180x130
Lot Size Units Acres
Foundation Area 1008
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Interior
Basement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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Internal Only
Street Number 1 405
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* Excluded Features
List By
Coldwell Banker Commercial

Broker

scott@cbcorion.com

Email

Affordability Calculator

$5,184
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,855
Monthly Property Taxes
$330
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708359 Elementary School
708670 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$695,000 Listed Price

Map


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405 Main Street E, Rice, MN, 56367 is a Commercial Property for sale at $695,000 with 4,400 sqft and a lot size of 1.39. 405 Main Street E is a studio with 0.0 baths and was built in 1950. The property's zip code is 56367 which is in Rice, MN