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43974 390th St 12,600 SF Retail Building Perham, MN 56573 $675,000 ($53.57/SF)

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Investment Highlights

Positioned on 15.09 acres with excellent highway access, supporting multiple revenue strategies and future development.
Features a 4,800 SF full-service bar and restaurant with seating for approximately 160 guests and a fully built-out commercial kitchen.

Established reputation with strong local following, multiple income streams from dining, gaming, and event bookings, and limited regional competition

Executive Summary

15.09 acres, 4,800 SF full-service bar and restaurant with seating for approx. 160 guests, built-out kitchen, and a spacious bar area. The property also features an approximately 8,000 SF event and entertainment venue, the largest in Otter Tail County, complete with banquet space and a covered outdoor stage for live music and events. The site allows for further development, like a 62-site campground, 50–64 storage units, and planned amenities including a pool, camp hub, and walking paths, providing significant flexibility and long-term growth potential. Upside through expanded outdoor entertainment and event programming, large site, and limited regional competition for live music and gatherings. Additional growth potential exists through the development of the approved 62-site campground, which would drive incremental food, beverage, and entertainment revenue while capturing seasonal and destination traffic. Together, enhanced event utilization and campground development position the property for long-term revenue diversification and increased profitability.

Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Bar

Building Size

12,600 SF

Building Class

Year Built/Renovated

1980/2004

Price

$675,000

Price Per SF

$53.57

Tenancy

Single

Building Height

1 Story

Building FAR

0.02

Lot Size

15.09 AC

Zoning

C - Commercial

Restaurant

Monument Signage

About 43974 390TH ST , PERHAM, MN 56573

The Salty Pickle Bar & Grill is a turn-key hospitality and entertainment destination located in Perham, Minnesota, offered as a combined business and real estate opportunity. Situated on approximately 15.09 acres with highway access, the property includes a 4,800 SF full-service bar and restaurant and an 8,000 SF event and entertainment venue with live music, banquets, and a covered outdoor stage. The business benefits from a strong local following, established events, and multiple revenue streams including food and beverage, gaming, and private events. In addition to current operations, the property offers significant expansion upside with preliminary township-approved plans for a 62-site campground and 50+ secure storage units, creating a rare opportunity to acquire an operating hospitality business with immediate income and long-term development potential in a desirable Minnesota lakes region.