$1,499,000

10376 112th Avenue, Milaca, MN 56353

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$1,499,000

10376 112th Avenue Milaca, MN 56353

For Sale MLS# 7078341

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Data current as of 28/07/2026 15:48:13

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

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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

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 10376 112th Avenue

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Data powered by ATTOM Data Solutions. Copyright© 2026. 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.

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