7047 Rice Lake Road, Duluth, MN
$850,000
2
Baths
4,382
Square feet
2.00
Acres
About 7047 Rice Lake Road
Spectacular Turnkey Bar & Restaurant Near Island Lake! Fully updated and move-in ready, this 4,300+ sq ft showpiece features two stylish dining areas, an NSF commercial kitchen, and a stunning wood-top bar that creates an inviting, modern ambiance. The exterior boasts a sleek, contemporary design with low-maintenance finishes that boost curb appeal and long-term convenience. A new outdoor deck expands your service potential, while an attached seasonal drive-in/ice cream shop adds fast food flexibility and bonus revenue streams. Also included is a 3-bed, 2-bath ranch-style home plus a 3-car garage—ideal for owner occupancy or rental income. Just steps from Island Lake, this property draws year-round traffic from both locals and tourists enjoying endless outdoor adventures.
Features of 7047 Rice Lake Road
| MLS® # | 6120302 |
|---|---|
| Price | $850,000 |
| Square Footage | 4,382 |
| Acres | 2.00 |
| Year Built | 1955 |
| Type | Commercial |
| Sub-Type | Commercial |
| Status | ACTIVE |
Community Information
| Address | 7047 Rice Lake Road |
|---|---|
| Area | LSAR |
| City | Duluth |
| County | St Louis |
| State | MN |
| Zip Code | 55803 |
Amenities
| Amenities | Kitchen Area, Private Resident Building, Restrooms, Bar Area, Smoke Detectors, Sprinkler System, Outdoor Seating |
|---|---|
| Parking | Driveway - Asphalt |
| Is Waterfront | No |
Interior
| Heating | Boiler, In Floor |
|---|---|
| Cooling | Ductless Unit |
| # of Stories | 1 |
Exterior
| Exterior | Metal |
|---|---|
| Roof | Metal |
| Construction | Frame/Wood |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $7,778 |
| Tax Year | 2025 |
| HOA Fees | $0 |
| Agent | Casey Knutson Carbert |
| Office | Edmunds Company, LLP |
Listing Details
| Office | Edmunds Company, LLP |
|---|