Log In/Sign Up
Your email has been sent.
77818 State Highway 60 - St. James Golf Course & Restaruant 10,150 SF Sports & Entertainment Building Offered at $1,995,000 in Saint James, MN 56081



Investment Highlights
- Fully operational 18-hole golf course & restaurant/bar with income from memberships, food & beverage, events, and rentals.
- Investors can boost efficiency, expand marketing, grow events, and develop approved campground for new revenue streams.
- At MN Hwy 60 & U.S. 71, the course draws strong local/regional play in one of the top states nationwide for golfers per capita.
- River’s Edge Restaurant earns year-round with events, banquets, and a full kitchen, serving locals and surrounding communities.
- The property features a newly constructed club house with restaurant and bar, office space, and $2.6 million in completed capital improvements (2023)
- Backed by a strong economic base with major employers like Tony Downs Foods, Mayo Clinic Health, and Pioneer Bank.
Executive Summary
Marcus & Millichap is pleased to present the exclusive opportunity to acquire the St. James Golf Course and River’s Edge Restaurant, a turnkey asset located in St. James. This rare o?ering combines a well-maintained 18-hole golf course with a high-performing restaurant and bar, delivering multiple revenue streams and meaningful upside for investors and owner-operators alike.
A signi?cant $2.6 million capital investment was completed in 2023, substantially enhancing the long-term functionality and value of the property. This investment supported major site and facility improvements, including a recently constructed clubhouse with pro shop, practice area, cart storage, and a club-owned golf cart ?eet, along with critical infrastructure upgrades such as a new septic system and the addition of three-phase electrical service. These improvements support existing operations while positioning the asset for future expansion, increased capacity, and reduced near-term capital risk for incoming ownership.
Spanning approximately 150 acres, the par-72 course serves a strong local and regional community within Minnesota’s vibrant golf culture—ranking among the top states in the nation for golfers per capita. Golf memberships represent an attractive and recurring revenue source, complemented by ongoing enhancements such as an upgraded irrigation system.
In addition, the property has permits and an ALTA survey in hand for a future campground featuring 32 RV sites and 6 cabins with full utility hookups, creating a clear, infrastructure-ready path to further diversify and expand revenue streams. River’s Edge Restaurant anchors the clubhouse, o?ering seating for 120+ guests with panoramic course views. The full-service kitchen supports daily dining, weddings, banquets, and tournaments—generating consistent non-golf income throughout the year. The restaurant has become a sought-after destination for surrounding communities, driving tra?c well beyond the golf season.
Strategically positioned along Highway 60 and U.S. Route 71, the property bene?ts from strong regional accessibility. St. James serves as an economic hub for southern Minnesota and is home to major employers such as Tony Downs Foods and Mayo Clinic Health System, supporting stable local demand for both golf and dining operations.
This o?ering presents a compelling opportunity to acquire a revenue-generating, infrastructure-enhanced golf and dining asset with established community ties and clear upside through operational e?ciencies, marketing initiatives, and campground development.
A signi?cant $2.6 million capital investment was completed in 2023, substantially enhancing the long-term functionality and value of the property. This investment supported major site and facility improvements, including a recently constructed clubhouse with pro shop, practice area, cart storage, and a club-owned golf cart ?eet, along with critical infrastructure upgrades such as a new septic system and the addition of three-phase electrical service. These improvements support existing operations while positioning the asset for future expansion, increased capacity, and reduced near-term capital risk for incoming ownership.
Spanning approximately 150 acres, the par-72 course serves a strong local and regional community within Minnesota’s vibrant golf culture—ranking among the top states in the nation for golfers per capita. Golf memberships represent an attractive and recurring revenue source, complemented by ongoing enhancements such as an upgraded irrigation system.
In addition, the property has permits and an ALTA survey in hand for a future campground featuring 32 RV sites and 6 cabins with full utility hookups, creating a clear, infrastructure-ready path to further diversify and expand revenue streams. River’s Edge Restaurant anchors the clubhouse, o?ering seating for 120+ guests with panoramic course views. The full-service kitchen supports daily dining, weddings, banquets, and tournaments—generating consistent non-golf income throughout the year. The restaurant has become a sought-after destination for surrounding communities, driving tra?c well beyond the golf season.
Strategically positioned along Highway 60 and U.S. Route 71, the property bene?ts from strong regional accessibility. St. James serves as an economic hub for southern Minnesota and is home to major employers such as Tony Downs Foods and Mayo Clinic Health System, supporting stable local demand for both golf and dining operations.
This o?ering presents a compelling opportunity to acquire a revenue-generating, infrastructure-enhanced golf and dining asset with established community ties and clear upside through operational e?ciencies, marketing initiatives, and campground development.
Data Room Click Here to Access
Property Facts
| Price | $1,995,000 | Building Class | C |
| Price Per SF | $196.55 | Lot Size | 149.80 AC |
| Sale Type | Investment | Building Size | 10,150 SF |
| Property Type | Sports & Entertainment | No. Stories | 1 |
| Property Subtype | Golf Course/Driving Range | Year Built | 1989 |
| Price | $1,995,000 |
| Price Per SF | $196.55 |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | C |
| Lot Size | 149.80 AC |
| Building Size | 10,150 SF |
| No. Stories | 1 |
| Year Built | 1989 |
1 1
Property Taxes
| Parcel Number | 10.014.1000 | Improvements Assessment | $456,700 |
| Land Assessment | $387,000 | Total Assessment | $843,700 |
Property Taxes
Parcel Number
10.014.1000
Land Assessment
$387,000
Improvements Assessment
$456,700
Total Assessment
$843,700
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
77818 State Highway 60 - St. James Golf Course & Restaruant
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
