Historic Event Barn on 41 Acres — Event Venue Minutes from Mayo Clinic
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Bearwood Event Barn, originally constructed in 1917 and fully remodeled in 2019 was created into nearly 8,000 sq. ft. of event-ready space. Designed with vaulted ceilings, exposed wood beams, and elegant chandeliers, the barn has hosted weddings, concerts, and gatherings. Beyond its established use as an event venue, Bearwood offers potential to be reimagined as a retreat center, family compound, or generational estate. Together, with an available farmhouse, pole barn and additional 35 acres offered and priced separately , the event barn creates a distinctive estate with commercial potential. Whether envisioned as a lifestyle property, business venture, or legacy estate, this is a one-of-a-kind opportunity in Byron with room to grow and reimagine.
About the Business
- Years in Operation
- 8
- Employees
- 3 Contractors
contracted help in addition to two owners who coordinate events. Contractors he - Currently Home Based
- Yes
- Facilities & Assets
- Nearly 8,000 sq. ft. climate-controlled event space (radiant heat + 5 mini-split AC units)
406-person fire code capacity; 300-person seated dinner capacity
Professional AV: QSC speaker system, X Air digital mixing board, Epson projector, Da-Lite drop-down screen, customizable dimmer lighting throughout
Tables, chairs, facility decor, and yard games
Bridal suite / green room dedicated lighting and power
Permanent outdoor ceremony area with 44 cemented benches
Elevated composite deck, stamped concrete patios and sidewalks
$100,000 fire suppression system with two 6,500-gallon water tanks
ADA-compliant lift system & video/motion security system
Full-property WiFi
All permits, licenses, and Conditional Use Permit
New well & septic
The 2019 renovation required 18 months of construction, $30,000+ in permitting fees alone, This permitting and infrastructure work is irreplaceable and represents significant barriers to entry for any competitor attempting to build a comparable venue. - Website
- https://bearwoodeventbarn.com/
- Market Outlook / Competition
- Rochester, MN is one of the most stable and economically resilient markets in the Midwest, anchored by Mayo Clinic, which employs 42,000+ locally and attracts over 1 million visitors annually. Mayo's ongoing $5 billion expansion is actively creating demand for larger off-site meeting and event spaces.
The Rochester-area wedding market was valued at over $47 million in 2024, with an estimated 1,241 weddings and an average per-event budget of $37,986 (Source: The Wedding Report, 2024). Demand for flexible, non-hotel event venues is growing.
Bearwood's primary competitor in the wedding venue category is Mayowood Barn, which is currently booked approximately two years in advance. That backlog represents direct, unmet demand that a well-operated Bearwood is positioned to capture. There are few comparable large-capacity rural event venues in SE Minnesota, making Bearwood a rare asset in a high-demand market. - Opportunities for Growth
- Bearwood's current operation as a wedding and event venue only scratches the surface of what this property can support. The venue's large capacity, 5.5-acre footprint, permanent permitting, and established infrastructure position a new operator to expand into higher-frequency and higher-revenue event categories. The Rochester market's strong corporate base, anchored by Mayo Clinic, presents a clear opportunity to grow corporate retreat, off-site meeting, and team event bookings well beyond current volume. The surrounding acreage is well suited for outdoor festivals, interest group retreats, seasonal markets, and specialty gatherings, uses that would likely require coordination with Kalmar Township to update or expand the existing Conditional Use Permit. With the primary competitor booked approximately two years out, an operator focused on active sales and marketing could capture significant unmet demand in the Rochester area with minimal competition at this venue scale.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 8,000
About the Sale
- Seller Motivation
- Owners pursuing other priorities; venue exceeds bandwidth of part-time operation
- Transition Support
- The current owners are committed to a successful transition. They are prepared to remain actively involved for up to 6 months following closing to train new ownership on all operational systems, venue management, vendor relationships, and event coordination. This includes:
Day-of event coordination and setup/breakdown procedures
Introductions to preferred catering partners (A'Britin, Victoria's, Smoak BBQ, Five West, Tap House West End, Empire Events, Pinnacle Catering, John Hardy's)
Hotel partnership introductions: Comfort Inn & Suites (shuttle), Hilton Mayo Clinic Area and Hilton Garden Inn (Rochester Trolley)
Ancillary vendor network: DJs, photographers, florists, bakers, transportation
Licensing, insurance, and compliance requirements for alcohol service (licensed bartender with COI) and food service (licensed caterer with COI)
Existing client relationships and any forward bookings/deposits transferable at closing
Digital marketing, social media, and booking management workflows
Listing Info
- ID
- 2501085
- Listing Views
- 13
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Listing ID: 2501085 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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