Date
Details
Price
Change
Source
3/16/2026
Listed
$700,000
—
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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$700,000 Just Listed
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Property Description
Turnkey opportunity to own a well-known community destination in the heart of Isle! Isle Bowl & Pizza is being offered for sale with the building, established business, business assets, and inventory all included, making this a rare chance to step into a fully operational entertainment venue. The property features approximately 7,950 square feet, including 6,800 square feet dedicated to the bowling alley and bar area and an additional 1,150 square foot restaurant space serving up pizza and casual dining favorites. The facility includes 8 bowling lanes, providing plenty of capacity for leagues, open bowling, parties, and special events. Ideally located just a few blocks from Mille Lacs Lake and the Soo Line Trail, Isle Bowl & Pizza attracts a steady mix of local leagues, families, vacationers, and outdoor enthusiasts visiting the area year-round. This built-in traffic, combined with the established brand and loyal customer base, creates strong potential for continued growth. Whether you're an investor or an owner-operator looking for a lifestyle business in a thriving recreational area, this is a turnkey entertainment and hospitality opportunity with multiple revenue streams including bowling, food, beverages, leagues, events, and tourism traffic. Don't miss the chance to own a community staple and destination business near Mille Lacs Lake.
Full Property Details
Full Property Details for 365 3rd Ave S
General
- Price: $700,000
- Taxes: $3,640 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7037247
- Updated: 3/16/2026
- Added to Site: 4 day(s) ago
Parking
- Parking Features: Open
Location
- County: Mille Lacs
- Township: Isle
- Subdivision: Carlsons Add To Isle
- Driving Directions: East on hwy 27 towards Isle, take a right (south) on 3rd Ave South - Property is on the right (west) side of the road.
School Information
- School District: 1771 - Isle
- High School District: Isle
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Basement: Yes
- Foundation Size: 7952
- Roof: Metal, Pitched
- Disability Access: No Stairs External
- Square Feet: 7,952
- Finished Down/Base.: 7,952 Sq. Ft.
- Current Bldg. Use: Professional/Office, Event Space, Food Service, Recreational, Restaurant, Bar/Tavern
- Year Built: 1960
Lot Features
- Lot Size (Acres): 0.321
- Lot Dimensions: irr
- Frontage: City Street, Curbs, Paved Streets, Sidewalks, Storm Sewer
- Potential Use: Other, Rest/Lounge, Restaurant, Income, Lounge/Bar
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $3,640
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: CARLSON'S ADDITION TO ISLE & LOT 15 BLK 14 OF ISLE TOWNSITE
- Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
- Property ID: 201600080
Listed by Straka Real Estate
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— 365 3rd Ave S —
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NMLS#: 1598647
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Schools
Schools serving 365 3rd Ave S
School District:Isle Public School District
| Name | Grades | Distance |
|---|---|---|
Isle Elementary School 730 5th Avenue South, Isle, MN 56342 | PK-6 | 0.3 mi |
Isle Secondary 730 5th Avenue South, Isle, MN 56342 | 7-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 365 3rd Ave S
Tax History
Tax History for 365 3rd Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,640
15%
$162,900
14%
2023
$3,160
-9%
$142,600
—
2022
$3,482
8%
$142,600
15%
2021
$3,224
-6%
$124,100
1%
2020
$3,414
19%
$122,500
2%
2019
$2,864
-7%
$120,200
11%
2018
$3,072
-17%
$108,100
-4%
2017
$3,704
-6%
$112,100
100%
2016
$3,954
—
—
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 365 3rd Ave S
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Sold by Weichert, REALTORS- Heartland
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Sold by Fish MLS Realty
365 3rd Avenue S, Isle, MN 56342 (MLS# 7037247) is a Commercial property. 365 3rd Avenue S is currently listed for $700,000 and was received on March 16, 2026. Want to learn more about 365 3rd Avenue S? Do you have questions about finding other Commercial real estate for sale in Isle? You can browse all Isle real estate or contact a Coldwell Banker agent to request more information.