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Golf Course

St. James Golf Course and Restaurant

77818 MN-60, Saint James, MN 56081

Listing Price: $3,100,000

Cap Rate
3.00%
RevPAR
$1
Year Built
1998

Investment Overview

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, Minnesota. This rare offering combines a well-maintained 18-hole golf course with a high-performing restaurant and bar, delivering multiple revenue streams and significant upside for investors and owner-operators alike.
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, offering golf membership as one of the attractive sources of revenue. The property includes a recently constructed clubhouse, pro shop, practice area, and cart storage, and has seen ongoing improvements, including an upgraded irrigation system.
River’s Edge Restaurant anchors the clubhouse, offering seating for 120+ guests and panoramic views of the course. The full-service kitchen supports daily dining operations as well as weddings, banquets, and tournaments—creating consistent non-golf income throughout the year.
Strategically positioned along Highway 60 and U.S. Route 71, the property offers excellent accessibility to communities throughout southern Minnesota. As a regional economic hub, St. James is home to major employers including Tony Downs Foods and Mayo Clinic Health System, supporting consistent local demand and a stable customer base for both golf and restaurant operations.
This offering presents a unique chance to acquire a revenue-generating golf and dining operation with established community ties and upside potential realized through operational efficiencies and marketing strategy implementations.

Investment Highlights

  • Turnkey Multi-Revenue Asset - Fully operational, 18-hole golf course and restaurant/bar offering multiple income streams, including golf operations such as memberships, food & beverage, event hosting,
  • Year-Round Revenue Potential - River's Edge Restaurant generates income beyond the golf season through private events, banquets, and a full-service commercial kitchen.
  • Investment Upside – Opportunities for incoming investors to enhance operational efficiency, monetize marketing strategies, and maximize event programming.
  • Recent Capital Improvements - Ongoing investment, including upgraded irrigation and manicured greens, ensures premium playing conditions and reduced deferred maintenance.
  • Strong Demographics and Access - Located at the intersection of MN Highway 60 and U.S. Route 71, the 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.
  • Regional Employment Drivers - Supported by a stable economic base with major employers such as Tony Downs Foods, Mayo Clinic Health System, and Pioneer Bank fueling demand in the area.
  • Established Market Presence - Strong community reputation and loyalty, serving as both a local hub and regional destination.

Exclusively Listed By

Golf Course

St. James Golf Course and Restaurant

Listing Price: $3,100,000

Cap Rate
3.00%
RevPAR
$1
Year Built
1998

Investment Highlights

  • Turnkey Multi-Revenue Asset - Fully operational, 18-hole golf course and restaurant/bar offering multiple income streams, including golf operations such as memberships, food & beverage, event hosting,
  • Year-Round Revenue Potential - River's Edge Restaurant generates income beyond the golf season through private events, banquets, and a full-service commercial kitchen.
  • Investment Upside – Opportunities for incoming investors to enhance operational efficiency, monetize marketing strategies, and maximize event programming.
  • Recent Capital Improvements - Ongoing investment, including upgraded irrigation and manicured greens, ensures premium playing conditions and reduced deferred maintenance.
  • Strong Demographics and Access - Located at the intersection of MN Highway 60 and U.S. Route 71, the 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.
  • Regional Employment Drivers - Supported by a stable economic base with major employers such as Tony Downs Foods, Mayo Clinic Health System, and Pioneer Bank fueling demand in the area.
  • Established Market Presence - Strong community reputation and loyalty, serving as both a local hub and regional destination.

Investment Overview

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, Minnesota. This rare offering combines a well-maintained 18-hole golf course with a high-performing restaurant and bar, delivering multiple revenue streams and significant upside for investors and owner-operators alike. 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, offering golf membership as one of the attractive sources of revenue. The property includes a recently constructed clubhouse, pro shop, practice area, and cart storage, and has seen ongoing improvements, including an upgraded irrigation system. River’s Edge Restaurant anchors the clubhouse, offering seating for 120+ guests and panoramic views of the course. The full-service kitchen supports daily dining operations as well as weddings, banquets, and tournaments—creating consistent non-golf income throughout the year. Strategically positioned along Highway 60 and U.S. Route 71, the property offers excellent accessibility to communities throughout southern Minnesota. As a regional economic hub, St. James is home to major employers including Tony Downs Foods and Mayo Clinic Health System, supporting consistent local demand and a stable customer base for both golf and restaurant operations. This offering presents a unique chance to acquire a revenue-generating golf and dining operation with established community ties and upside potential realized through operational efficiencies and marketing strategy implementations.

Exclusively Listed By

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