2793 Hwy 371, Pine River, MN 56474
For Sale $799,000.00
Bites Grill & Bar is located on the beautiful Paul Bunyan trail along Hwy. 371 in Pine River, MN. Constructed out of locally sourced logs, the restaurant is a masterpiece that stands the test of time. Bites Grill & Bar is a regular stop for residents, tourists, bikers and snowmobiles. They are well known for their walleye, delicious prime rib and homemade cheesecake. Highway 371 and Paul Bunyan Trail frontage mean high visibility and high traffic year-round. With the sellers looking to retire, now is a great opportunity to carry on the legacy of this popular Lakes Area restaurant.
- Purchase Price: $799,000.00
- Directions: From the Hwy 371 and Barclay Ave stoplight intersection in Pine River - South on Hwy 371 approx. 1.4 miles - West on Norway Brook Lane SW into the Bite’s parking lot
- Building Size Total (Sq. Ft): 5,200
- Building Size Main (Sq. Ft): 5,200
- Lot Size (Sq. Ft): 53,143
- Lot Size (Acres): 1.22
- Lot Dimensions: 300.21' x 140.74' x 216.75' x349.15'
- Road Frontage: 300.21' on Hwy 371
- Price Note: $799,000 plus Inventory - Price Includes Business, Real Estate, Furniture, Fixtures & Equipment
- Property Tax Year: 2023
- Annual Property Tax: $3,712.00
- Business Website: BitesGrill.com
- Year Established: 2011
- # of Employees: 30
- Reason For Selling: Owners wish to retire
- Property Features / Assets: Seating Capacity: 297 Total (Dining: 60; Bar: 45; Banquet Room: 80; South Patio: 64; West Patio: 48). Equipment List & Improvements are in the Property Brochure.
- Water: Well
- Sewer: Septic - Advanced Treatment System installed in 2022 for $110,000
- Heating: Natural Gas Forced Air
- Cooling: Central Air - Electric Roof-Top Unit
- Electric – Amps: 200
- Electric – Phase: Single
- Lighting: LED
- Year Built: 1998
- Construction: Log (Locally Harvested Red Pine)
- Foundation: Concrete
- Roof: Asphalt Shingles
- Exterior: Original Building: Full Log Construction; Addition: Log Siding
- Ceiling Height: Vaulted 9' - 14'
- Bathrooms: 3 (2 Public, 1 Private)
- Security: Yes (Peoples)
- Parking Spaces: 30+ Paved Parking Stalls
- Neighboring Businesses: Located near Patriot Welding, Brookside Assisted Living, Canvas Tech, AirWave Pedestal, Wippler Precast, Paul’s Garage, Pine River Inn, Kimber Creek Ford, Ice Castle, plus numerous others in downtown Pine River
- Traffic Counts: 6,346 (2022) on Hwy 371
- CC File #: 1718
- Zoning: C-1 Commercial Corridor
- PID#: 50-005-3312
- Legal Description: That pt of S 216.75 ft of SW of SW ly’g E’ly of W 769.13 ft & ly’g W’ly line of MN DNR Paul Bunyan Trail, Sec 5-137-29