9563 Madison StGarrison, MN 56450

For Sale
$399,000

Established Restaurant, Lakefront Apartment

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a well-established restaurant and ice cream shop ideally situated on Highway 169 in Garrison, Minnesota, directly across from Mille Lacs Lake. The Spotlite Cafe, boasting over 40 years of success, offers a diverse menu featuring made-from-scratch breakfast, lunch, and dinner options, including their renowned original pancake recipe. Recently expanded to include "The Ice Cream Spot," a delightful ice cream parlor and gift shop, the property also features a Mille Lacs Lake Gift Shop stocked with apparel and souvenirs. This thriving business benefits from high visibility and significant traffic volume due to its prime highway location. Adding to its appeal is a spacious upper-level apartment offering stunning views of Mille Lacs Lake. The building encompasses 5,440 square feet and sits on a 0.27-acre lot. This unique combination of a profitable, long-standing restaurant, a complementary ice cream and gift shop, and a desirable apartment presents a rare opportunity for a savvy investor seeking a turnkey operation with significant growth potential. The property is priced at $399,000.

Property Details for 9563 Madison St

Property type
Other commercial real estate
Square Feet
5,440 SF
Year Built
1980
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Garrison
County
Crow Wing
State
Minnesota
Latitude
46.29497
Longitude
-93.82532
9563 Madison St, Garrison, Minnesota

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9563 Madison St
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