691 Main Street W, Richmond, MN 56368 (MLS# 7129063)

691 Main Street W, Richmond, MN 56368

$599,000
Property Type: Commercial Lot Size (sq. ft.): 235,224 Status: Active
Current Price: $599,000 List Date: 8/19/2026 Last Modified: 9/08/2026

Overview

Description

Historic Richmond Coliseum on 5.4 Acres Along the Sauk River. A rare opportunity to own a piece of Richmond history! The historic Coliseum sits on 5.4 picturesque acres along the Sauk River, with access to the entire chain of lakes, offering an incredible setting and endless potential for its next owner. The property features more than $85,000 in included assets, including a full commercial-style kitchen, bar, seating for approximately 400 guests, and extensive event infrastructure. An outdoor ceremony area with a gazebo and gathering space creates a beautiful setting for weddings, celebrations, community events, and more. Whether continuing the property's legacy as an event and wedding venue, expanding its offerings, creating a destination business, or bringing an entirely new vision to this unique property, the possibilities are truly endless for the next investor. With its historic character, substantial existing assets, riverfront setting, acreage, and access to the Sauk River ch ...

Listing Details MLS# 7129063

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
2
Waterfront YN
Yes
Year Built
1932
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
7195
Lake/Waterfront Name
Sauk River
For Sale or Lease
For Sale
Acres
5.4
Lot Dimensions
686x343
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Basement: Concrete Block CMU Style: Business Opportunity; Mixed Use Commercial Kitchen Appliances: Cookware/Utensils; Flat Top; Freezer; Fryer; Walk-In Cooler/Freezer Construction Status: Previously Owned Current Use: Event Space; Restaurant Exterior: Steel Siding Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Lock Box Type: None On Site Utilities: Heating Common; None Available Parking Characteristics: Gravel Lot Road Frontage: County Road Roof: Age Over 8 Years Sewer: City Sewer/Connected Water: City Water/Connected Waterfront Type: Lake Front; River View

Contract Information

Contingency
Inspection
ListPrice
599000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
691
Street Name
Main
Street Suffix
Street
Street Direction Suffix
W
Postal City
Richmond
County
Stearns
State
MN
Zip Code
56368

Assessments

Tax With Assessments
5960

Building Information

Building Finished SqFt
7748

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
31
Section#
23
Township#
123

Sale Options

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

Unit Details

Total Units
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: September - 08 - 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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