365 3rd Avenue S
Isle, MN, 56342 $ 700,000
Bedrooms-- Baths-- Sq 7,952 Monthly Estimate*
$ 4,835
for $700,000. This 7,952 square foot building was built in 1960 on a lot size of 0.321.
Turnkey opportunity to own a well-known community destination in the heart of Isle! Isle Bowl & Pizza is being offered for sale with the building, established business, business assets, and inventory all included, making this a rare chance to step into a fully operational entertainment venue. The property features approximately 7,950 square feet, including 6,800 square feet dedicated to the bowling alley and bar area and an additional 1,150 square foot restaurant space serving up pizza and casual dining favorites. The facility includes 8 bowling lanes, providing plenty of capacity for leagues, open bowling, parties, and special events. Ideally located just a few blocks from Mille Lacs Lake and the Soo Line Trail, Isle Bowl & Pizza attracts a steady mix of local leagues, families, vacationers, and outdoor enthusiasts visiting the area year-round. This built-in traffic, combined with the established brand and loyal customer base, creates strong potential for continued growth. Whether you're an investor or an owner-operator looking for a lifestyle business in a thriving recreational area, this is a turnkey entertainment and hospitality opportunity with multiple revenue streams including bowling, food, beverages, leagues, events, and tourism traffic. Don't miss the chance to own a community staple and destination business near Mille Lacs Lake.
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FeaturesGeneralSewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Metal Pitched
Garage Spaces 0
Year Built 1960
Levels One
Tax Year 2025
Current Use Professional/Office Event Space Food Service Recreational Restaurant Bar/Tavern
Accessibility No Stairs External
County Mille Lacs
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Carlsons Add To Isle
Possible Use Other Rest/Lounge Restaurant Income Lounge/Bar
Directions East on hwy 27 towards Isle take a right (south) on 3rd Ave South - Property is on the right (west) side of the road.
City Isle
High School District Isle
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 3640
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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ExteriorParking Features Open
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land
Lot Size Area 0.321
Building Area Total 7952
Lot Dimensions irr
Waterfront Y/N N
Foundation Area 7952
Road Frontage Type City Street Curbs Paved Streets Sidewalks Storm Sewer
Road Responsibility Public Maintained Road
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InteriorBasement (Y/N) N
Fuel Natural Gas
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* Excluded FeaturesList Byjosh@strakarealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,835
- Monthly Property Taxes
- $303
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyCommerical listings in Isle, MN
Average List Price $469,950
Percent of Sale Price 33%
About Isle, MN 808 Population
9% Since 2002
$ 36,600 Median Income
44.47 Median Age
20% Households with Children
Trends Information provided by ATTOM Data Solutions.
708374 Elementary School
708549 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/17/2026 | $700,000 | | Listed Price |