405 Main Street E, Rice, MN 56367

$500,000
Property Type: Commercial Lot Size (sq. ft.): 60,548 Status: Closed
Current Price: $500,000 List Date: 7/22/2025 Last Modified: 5/13/2026

Overview

Description

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 Details MLS# 6475571

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
30
Waterfront Present
No
Year Built
1950
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1008
For Sale or Lease
For Sale
Acres
1.39
Lot Dimensions
180x130
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: Partially Wheelchair CMU Style: Freestanding Construction Status: Previously Owned Current Use: Food Service Exterior: Aluminum Siding Financing Terms: Conventional Foundation: Other Fuel: Natural Gas Heating: Forced Air On Site Utilities: Heating Separate; Hot Water Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date
2026-05-13
Closed Date
2026-05-07
Sales Close Price
500000
Contingency
None
ListPrice
575000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
405
Street Name
Main
Street Suffix
Street
Street Direction Suffix
E
Postal City
Rice
County
Benton
State
MN
Zip Code
56367
Complex/Dev/Subdivision
Creamery Add

Assessments

Tax With Assessments
4946
Assessment Balance
0

Building Information

Building Finished SqFt
4400

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
31
Section#
28
Township#
38

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Land, Liquor License

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR
MLSID
RMLS

Location, Tax and Other Information

Legal Description
SECT-28 TWP-038 RANGE-031 CREAMERY ADDITION LOT-001 BLOCK-001 1.39 AC & LOT 2 LESS PARCEL 304D 0F MNDOT R/W PLAT 05-40
Listing City
Rice
Map Page
999
Municipality
Rice
Rental License?
No
School District
Sauk Rapids-Rice
School District Phone
320-253-4703
Zip Plus 4
176
Property ID Number
150042800
Tax Year
2025
Tax Amount
4946
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
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.

Accessible

Partially Wheelchair
Yes

Construction Status

Previously Owned
Yes

Exterior

Aluminum Siding
Yes

Financing Terms

Conventional
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

On Site Utilities

Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Freestanding
Yes

Current Use

Food Service
Yes
Listing Office: Orion Real Estate Advisors, Inc
IDX
Last Updated: May - 13 - 2026
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