Lindsay and Todd Byhre, along with their partner Brian Stansberry, will run the store and live in the apartment above the restaurant.
Green still holds his investment in The Ole Store, but as proprietors, the Byhres and Stansberry have exclusive right to property.
The Byhres will live in the apartment above the restaurant and Stansberry will help them run the restaurant and store.
While this undertaking will be a new endeavor for all three proprietors, the trio is fully prepared for the venture.
Todd Byhre has served as the General Manager of the Crowne Plaza in Eagan, Minn., and he said his skills will help him manage The Ole Store.
Lindsay Byhre hopes to lend a "womans touch" to the new interior design.
There will be a new deli-counter, a café and diner and, of course, a specialty store "that emulates the old general store in todays creative world," according to Green.
"I watched [the tenants] pick out color schemes and swatches the other day," Green said. "Their passion is exciting."
The tenants are fully embracing the duties of running The Ole Store.
Green, a local businessman, bought the restaurant from his brother-in-law Bob Strangler. Strangler purchased the Ole Store with his wife Susan in 1989. However, the Stranglers decided to sell after 15 years.