$595,000

405 Main Street E, Rice, MN 56367

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$595,000

(80,000) 01/03/2025

405 Main Street E Rice, MN 56367

For Sale MLS# 6475571

4,400 sq ft Commercial

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Data current as of 15/01/2025 20:50:27

Details for 405 Main Street E

MLS# 6475571

Description for 405 Main Street E, Rice, MN, 56367


Price Reduced! Old Creamery Restaurant & Catering located 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.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 1.39 Acres

Square Feet: 4,400 sq ft

Year Built: 1950

Foundation: 1,008 sq ft

Subdivision: Creamery Add

Number Of Units Total: 1

Current Use: Food Service

County: Benton

Days On Market: 373

Construction Status: Previously Owned

School Information


District: 47 - Sauk Rapids-Rice

Interior Features


Accessibility: Partially Wheelchair

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Heating Separate,Hot Water Separate

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Open Parking: 30

Parking Description: Parking Lot

Exterior: Aluminum Siding

Lot Dimensions: 180x130

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Business,Fixture/Equipment,Land,Liquor License

Driving 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 Holiday, Westside Liquor, Pine Country Bank and others.

Financial Considerations


Tax/Property ID: 150042800

Tax Amount: 3956

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes


$695,000 Original Price
$595,000 Current Price
-$100,000 Total Change
Date Price Change
01/03/2025 12.50 PM $595,000 -$80,000
08/15/2024 11.37 AM $675,000 -$20,000
01/09/2024 02.22 PM $695,000
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 405 Main Street E

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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