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77818 State Highway 60 - St. James Golf Course & Restaruant Immeuble de 10 150 pi² • Sports et divertissement • À vendre 2 732 392 $ CAD • Saint James, MN 56081



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Faits saillants de l'investissement
- 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.
Résumé de l'annonce
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.
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Faits sur la propriété
| Prix | 2 732 392 $ CAD | Classe d’immeuble | C |
| Prix par pi² | 269,20 $ CAD | Taille du lot | 149,80 AC |
| Type de vente | Investissement | Taille du bâtiment | 10 150 pi² |
| Type de propriété | Sports et divertissement | Nombre d’étages | 1 |
| Sous-type de propriété | Terrain de golf/Terrain de pratique | Année de construction | 1989 |
| Prix | 2 732 392 $ CAD |
| Prix par pi² | 269,20 $ CAD |
| Type de vente | Investissement |
| Type de propriété | Sports et divertissement |
| Sous-type de propriété | Terrain de golf/Terrain de pratique |
| Classe d’immeuble | C |
| Taille du lot | 149,80 AC |
| Taille du bâtiment | 10 150 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1989 |
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Impôts fonciers
| Numéro de lot | 10.014.1000 | Évaluation des bâtiments | 625 505 $ CAD |
| Évaluation du terrain | 530 043 $ CAD | Évaluation totale | 1 155 548 $ CAD |
Impôts fonciers
Numéro de lot
10.014.1000
Évaluation du terrain
530 043 $ CAD
Évaluation des bâtiments
625 505 $ CAD
Évaluation totale
1 155 548 $ CAD
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77818 State Highway 60 - St. James Golf Course & Restaruant
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