365 3rd Avenue S, Isle, MN 56342 (MLS# 7037247)

365 3rd Avenue S, Isle, MN 56342

$700,000
Property Type: Commercial Square Footage: 7,952 Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $700,000 List Date: 3/17/2026 Last Modified: 8/27/2026

Overview

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 ...

Listing Details MLS# 7037247

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Owner Occupied
Yes
Waterfront YN
No
Year Built
1960
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7952
For Sale or Lease
For Sale
Acres
0.32
Lot Dimensions
irr
Assessment Pending
No

Property Features

Accessible: No Stairs External Air Conditioning: Central Air CMU Style: Business Opportunity; Freestanding Construction Status: Previously Owned Current Use: Business Service; Event Space; Food Service; Recreational; Restaurant; Tavern/Lounge Exterior: Brick Veneer; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Downtown; Free Standing Miscellaneous Information: 2+ Lavatories; Alley; Exterior Lighting On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Uncovered/Open Potential Use: Income; Lounge/Bar; Other; Rest/Lounge; Restaurant Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer Road Responsibility: Public Maintained Road Roof: Metal; Pitched Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
700000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
365
Street Name
3rd
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Isle
County
Mille Lacs
State
MN
Zip Code
56342
Complex/Dev/Subdivision
Carlsons Add To Isle

Assessments

Tax With Assessments
3640

Building Information

Building Finished SqFt
7952
Building SqFt
7952

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
25
Section#
11
Township#
42

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land

Unit Details

Total Units
Yes
IDX
Listing Office: Straka Real Estate
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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