$399,000

9563 Madison Street, Garrison, MN 56450

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$399,000

9563 Madison Street Garrison, MN 56450 - Mille Lacs Lake

For Sale MLS# 6442441

5,440 sq ftCommercial

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Data current as of 18/04/2024 00:19:15

Details for 9563 Madison Street

MLS# 6442441

Description for 9563 Madison Street, Garrison, MN, 56450 - Mille Lacs Lake


Excellent opportunity to take over a long standing, well operated restaurant and ice cream shop located along Hwy 169 in Garrison, opposite Mille Lacs Lake. In operation for over 40 years, Spotlite Cafe has been serving its customers with exceptional made-from-scratch all-day breakfast, lunch & dinner, including their famous original pancake recipe. Recently added within the restaurant is the Ice Cream Spot - an ice cream parlor and gift shop serving scoops of Kemps ice cream in cones, bowl & pints as well as Mille Lacs Lake Gift Shop - brimming with apparel & souvenirs. This distinct restaurant, paired with an upper level apartment overlooking Mille Lacs Lake, represents a unique investment. Enjoy easy access, excellent visibility and high traffic counts.

Listing Information


Property Type: Commercial, Apartments and Retail,Business Opportunity

Status: Active

Lot Size: 0.27 Acres

Square Feet: 5,440 sq ft

Year Built: 1980

Foundation: 3,928 sq ft

Stories: 2 Stories

Subdivision: Town Of Midland

Number Of Units Total: 1

Current Use: Commercial,Restaurant,Retail

County: Crow Wing

Days On Market: 198

Construction Status: Previously Owned

School Information


District: 181 - Brainerd

Interior Features


Accessibility: Wheelchair Ramp

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Cooling: Central

Heating: Natural Gas, Baseboard, Boiler

Exterior / Lot Features


Open Parking: 10

Parking Description: Uncovered/Open

Exterior: Metal

Roof: Rubber, Asphalt Shingles

Lot Dimensions: 72.5’ x 15.01’ x 87.5’ x 58’ x 15.03’ x 92.06’

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Business,Fixture/Equipment,Land, Road Frontage - City, Paved Streets

Waterfront Details


Standard Water Body: Mille Lacs Lake

DNR Lake ID: 48000200

Water Front Features: Lake View

Lake Acres: 128,226

Lake Depth: 42 Ft.

Road Between Waterfront And Home: 1

Driving Directions


From Hwy 18 / Hwy 169 intersection in Garrison - West on Monroe Street - South on Madison Street - Spotlite Cafe is at the NW corner of Madison Street and Restaurant Street

Financial Considerations


Tax/Property ID: 24130607

Tax Amount: 4512

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 2.40%

Price Changes


$399,000 Original Price
$399,000 Current Price
$0Total Change
Date Price Change
10/02/2023 02.22 PM $399,000
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Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 9563 Madison Street

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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