$1,499,000
10376 112th Avenue Milaca, MN 56353
For Sale MLS# 7078341
Other
Details for 10376 112th Avenue
MLS# 7078341
Description for 10376 112th Avenue, Milaca, MN, 56353
Exceptional Turnkey Event Venue & Catering Business Opportunity! Northern Lights Ballroom & Banquet Center is an established, purpose-built wedding venue and banquet center situated on approximately 5 acres in Milaca Minnesota. Constructed in 2006, the approximately 13,000-square-foot facility accommodates up to 400 guests and features a spacious ballroom with a soundproof divider, allowing flexible room configurations for both intimate gatherings and large-scale events. Additional amenities include a private dining room that also serves as a meeting room or deluxe bridal suite accommodating approximately 40–80 guests, an inviting front lobby with a portable bar and seating area, coat room, central sound system, private staff accommodations, and a dedicated laundry room. The property is fully equipped for efficient operations with a full commercial kitchen, walk-in cooler, walk-in freezer, active liquor license, compliant septic system, state-of-the-art fire sprinkler system with a dedicated water reservoir, and a parking area accommodating approximately 200 vehicles. The women's restroom features a private suite, providing added convenience for wedding parties and special events. Conveniently located just off U.S. Highway 169, the venue has earned an outstanding reputation for hosting weddings, corporate events, fundraisers, banquets, celebrations, and community gatherings, supported by a successful in-house catering operation and multiple revenue streams. This rare offering includes the real estate, established business, furniture, fixtures, equipment (FF&E), and goodwill, providing a true turnkey opportunity for hospitality operators, investors, or entrepreneurs seeking one of Central Minnesota's premier event destinations. Financial information is available to qualified buyers upon execution of a confidentiality agreement. Existing event bookings may be transferable to the Buyer, providing the opportunity for immediate future revenue. An interactive 3D Matterport® tour is available with the listing, providing prospective buyers with a comprehensive virtual walkthrough of the property's layout, event spaces, and operational areas.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 5.02 Acres
Square Feet: 13,000 sq ft
Year Built: 2006
Foundation: 13,000 sq ft
Stories: 1 Story
Number Of Units Total: 1
Current Use: Event Space,Food Service
County: Mille Lacs
Days On Market: 11
Construction Status: Previously Owned
School Information
District: 912 - Milaca
Interior Features
Appliances: Microwave, Range, Refrigerator, Air-To-Air Exchanger, Cooktop, Dryer, Exhaust Fan/Hood, Washer, Water Softener - Owned, Gas Water Heater, Stainless Steel Appliances, Double Oven
Flooring: Carpet,Concrete Slab,Floor Drains,Heavy Duty,Tile,Vinyl/Linoleum
Accessibility: Fully Wheelchair
Additional Interior Features: Security System, Indoor Sprinklers, Tile Floors
Utilities
Water: Well, Drilled
Sewer: Private, Septic System Compliant - Yes
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Zoned, Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 200
Parking Description: gravel lot, Garage Sq Ft - 0.00
Exterior: Wood, Brick/Stone
Roof: Pitched, Asphalt Shingles
Lot Dimensions: 540x448x470x335x69x113
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Overhead Doors, Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Land, Road Frontage - US Highway
Driving Directions
Hwy 169 north to property on east side of highway and just south of Milaca.
Financial Considerations
Other Annual Tax: $177
Tax/Property ID: 120132208
Tax Amount: 14517.5
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Century 21 Moline Realty Inc
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 10376 112th Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 10376 112th Avenue
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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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