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Investment Highlights

  • Fully equipped restaurant and event venue
  • Established bar and dining area with a loyal, repeat customer base.

Executive Summary

Prime opportunity to own a successful, fully equipped restaurant and event venue with multiple income streams. This well-established property offers a welcoming bar and dining area with a loyal customer base, plus a spacious ballroom/conference space ideal for weddings, banquets, corporate events and large gatherings. The venue also hosts many annual recurring events, providing reliable, repeat business year after year. The sale includes all furniture, fixtures and equipment for continued operation, allowing a seamless transition for a new owner. The commercial kitchen is designed for high-volume service, and the layout works beautifully for both daily dining and large events. With strong visibility, ample parking and steady bar/restaurant income, this is a true turn-key opportunity with room to grow. Bring your vision and step into ownership from day one.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
12,546 SF
Building Class
C
Year Built
1980
Price
$575,000
Price Per SF
$45.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.92 AC
Frontage
303’ on Craig Avenue

Amenities

  • Signage
  • Wheelchair Accessible
  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 31-104327-0
  • 31-104336-0
Land Assessment
$28,400
Improvements Assessment
$227,700
Total Assessment
$256,100
  • Listing ID: 41592296

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 1045 Craig Ave, Tracy, MN 56175

Contact the Sale Advisor

1045 Craig Ave

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