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33271699
33271698

709 Main Street Northwest, Elk River, MN 55330 For Sale

ER
MN 40913358
Northstar Real Estate Associates
Listed by Northstar Real Estate Associates
$925,000
49 days on market
Updated 49 days ago

709 Main Street Northwest

Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,760
Net Rentable (SqFt) 2,760
Units 1
Occupancy 100%
Lease Type NNN
Class C
Year Built 1929
Acreage 0.060
Zoning DD
Investment Type Owner/User
Ground Lease No

Fully Built-Out Restaurant & Bar | Proven Location | Downtown Elk River

Marketing description

This is a chance to acquire a fully built-out restaurant and cocktail bar in the heart of Downtown Elk River. Located on Main Street, this approximately 2,760 SF hospitality property offers an inviting dining atmosphere, established brand recognition, and a proven operating history with approximately $1.36 million in trailing 12-month sales.

The space features a full commercial kitchen, walk-in cooler, extensive bar infrastructure, dining room seating, booths, FF&E, and additional lower-level storage/support space. The warm, modern-rustic buildout creates an experience that would be costly and time-consuming to replicate in today's construction environment.

This opportunity is ideal for an owner-operator, hospitality group, restaurant concept, brewery, cocktail lounge, or regional operator seeking a turnkey location in a growing market. Ownership is open to multiple acquisition structures, including sale, lease, seller financing, contract for deed, or other creative arrangements for qualified buyers.

With strong visibility, established customer awareness, nearby public parking, and significant upside potential under new ownership, this is a unique opportunity to step into one of Downtown Elk River's most recognizable hospitality locations.

Investment highlights

Turnkey 2,760 SF Restaurant & Cocktail Bar

Downtown Elk River Main Street Location

Real Estate Included

Approx. $1.36M Trailing 12-Month Sales

Fully Equipped Commercial Kitchen

Full Bar & Draft Beer Infrastructure

Walk-In Cooler & Extensive FF&E Package

Established Hospitality Destination

Additional Basement Storage/Support Space

Strong Visibility with Nearby Public Parking

Multiple Acquisition Structures Considered

Opportunity for Owner-Operator or Hospitality Group

Significant Upside Through Operational Improvements

Replacement Cost Far Exceeds Asking Price

Sale or Lease Opportunity Available

Listing Contacts

ER
MN 40913358
Northstar Real Estate Associates
Listed by Northstar Real Estate Associates

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Additional Information

Name
Eli Renn
License
40913358
Brokerage
North Star Real Estate Assosciates
Brokerage Phone
6514512850
Title
Restaurant Broker
Brokerage Address
7300 Metro Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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