709 Main Street Northwest
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
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