Date
Details
Price
Change
Source
2/10/2026
Listed
$399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$399,000 Just Listed
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Property Description
Welcome to this rare turn-key opportunity to own a well-established commercial bar and restaurant in Northern Minnesota, located near snowmobile trails and highway 169. This standalone building offers a profitable business, loyal local clientele, and plenty of space suited for daily operations and events. Known as a community gathering spot, the property provides immediate income potential with long-term upside for owner-operators or investors.
Full Property Details
Full Property Details for 403 Roosevelt St
General
- Price: $399,000
- Taxes: $3,770 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7011950
- Updated: 2/10/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: On-Street Parking Only
Location
- County: Itasca
- Township: Coleraine
- Subdivision: Coleraine
- Driving Directions: 169 north, turn right onto Roosevelt Avenue. On the left before Kerr Avenue.
School Information
- School District: 1403 - Greenway
- High School District: Greenway
Heating & Cooling
- Heating Type: Boiler, Forced Air, In-Floor Heating
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common
Structural Information
- Foundation Size: 3161
- Disability Access: Fully Wheelchair, No Stairs External, No Stairs Internal
- Current Bldg. Use: Event Space, Food Service, Bar/Tavern
- Year Built: 2008
Lot Features
- Lot Size (Acres): 0.335
- Lot Dimensions: 124 x 118
- Potential Use: Rest/Lounge, Restaurant, Warehouse, Lounge/Bar
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $3,770
- Tax Year: 2025
- Terms: Contract for Deed, Conventional, Cash
Disclosures and Reports
- Legal Description: LOTS 9-10, BLK 8, COLERAINE LOT 9 LESS S 7' BLK 8, COLERAINE LOT 8 LESS S 7' BLK 8, COLERAINE LOT 7 LESS S 7' BLK 8, COLERAINE LOT 6 LESS S 7' BLK 8
- Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
- Property ID: 884100840
Listed by Acer Real Estate Group
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Listing agent
— 403 Roosevelt St —
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NMLS#: 1598647
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Schools
Schools serving 403 Roosevelt St
School District:Greenway Public School District
| Name | Grades | Distance |
|---|---|---|
Connor-Jasper Middle School 308 Roosevelt Avenue, Coleraine, MN 55722 | 5-8 | 0.1 mi |
Vandyke Elementary School 300 Cole Street, Coleraine, MN 55722 | PK-4 | 0.2 mi |
Greenway Senior High School 308 Roosevelt Avenue, Coleraine, MN 55722 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 403 Roosevelt St
Tax History
Tax History for 403 Roosevelt St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$972
—
$33,400
2%
2025
$972
9%
$32,800
—
2024
$892
7%
$32,800
—
2023
$836
-16%
$32,800
12%
2022
$996
7%
$29,400
—
2021
$932
-3%
$29,400
—
2020
$964
-3%
$29,400
100%
2019
$994
-71%
100%
2017
$3,430
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 403 Roosevelt St
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- Active
- Updated 1 day ago
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- Active
- Updated 1 day ago
- 4Beds
- 3Total Baths
- 3,086Sq. Ft.
Listed by Edge Of The Wilderness Realty
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403 Roosevelt Street, Coleraine, MN 55722 (MLS# 7011950) is a Commercial property. 403 Roosevelt Street is currently listed for $399,000 and was received on February 10, 2026. Want to learn more about 403 Roosevelt Street? Do you have questions about finding other Commercial real estate for sale in Coleraine? You can browse all Coleraine real estate or contact a Coldwell Banker agent to request more information.