a Berkshire Hathaway affiliate

$275,000

9563 Madison Street, Garrison


9563 Madison Street Garrison, MN 56450

For Sale MLS# 4663595

5,440 sq ft Commercial

Data current as of {{getLocalTime('2019-12-11T23:05:35Z')}}

Details

MLS# 4663595

Description for 9563 Madison Street, Garrison, MN, 56450


With a long standing history in Garrison, purchasing Spotlite Cafe is a rare and exciting opportunity. The business continues to thrive w/ 2017 sales up over 2016. Famous for their original pancake recipe, Spotlite draws in the crowds for their breakfast, served all day, as well as providing an extensive menu of lunch & dinner items. Garrison is considered the hot spot on Mille Lacs Lake for fishing, shopping, dining, & more - now its your turn to benefit from the locals & tourists alike.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.27 Acres

Square Feet: 5,440 sq ft

Year Built: 1980

Foundation: 3,928 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant,Commercial

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Crow Wing

Days On Market: 1471

HERS Score:

Construction Status: Previously Owned

School Information


District: 181 - Brainerd

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Dishwasher, Range, Freezer, Refrigerator, Microwave, Wall Oven, Other, Exhaust Fan/Hood, Indoor Grill, Cooktop

Flooring:

Accessibility: Other

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

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

Other Utilities:

Cooling: Central

Heating: Boiler, Baseboard, Natural Gas

Exterior / Lot Features


Parking Spaces: 10

Parking Description: Uncovered/Open

Exterior: Metal

Roof: Rubber, Asphalt Shingles

Lot View:

Lot Dimensions: 72x150x87x58x15x92

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Road Frontage - City, Curbs, Paved Streets, Sidewalks, State

Soil Type:

Tillable Acres:

Driving Directions


From the Hwy 18 / Hwy 169 intersection in Garrison - Go south on Hwy 169 one block - Right (west) on Restaurant Street - Spotlite Cafe is at the NW corner of Restaurant Street and Madison Street

Financial Considerations


Other Deposit Fees:

Assessments: $5,874

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 24103002014Z009

Tax Amount: $4,520

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$399,000 Original Price
$275,000 Current Price
-$124,000 Total Change
Date Price Change
2/27/2019 04:13 PM $275,000 -$24,000
7/30/2018 12:09 PM $299,000 -$50,000
5/10/2017 04:07 PM $349,000 -$50,000
11/24/2015 04:59 AM $399,000

Sales History

Date Price Change
{{sales.saleDateDisplay}} {{sales.saleAmountDisplay}} {{sales.saleAmountChangeDisplay}}
Currently not available.

Tax Summary

Data provided for tax year {{salesHistoryAndTax.taxAssessment.taxYear}}

Estimated Market Value Taxable Market Value Total Tax
{{salesHistoryAndTax.taxAssessment.calculatedTotalValue}} {{salesHistoryAndTax.taxAssessment.assessedTotalValue}} {{salesHistoryAndTax.taxAssessment.taxAmount}}

Data powered by Onboard Informatics. Copyright© 2019. Information deemed reliable but not guaranteed.

Schools nearby 9563 Madison Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by Onboard Informatics. Copyright© 2019. Information deemed reliable but not guaranteed.

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.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2019. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by Onboard Informatics. Copyright© 2019. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Please enter a valid phone number.

Are you working with an Edina Realty agent?*

Clear all
*Required field

{{scheduleShowing.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings