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9563 Madison St Garrison, MN 56450

For Sale
$399,000

Established Restaurant, Lakefront Apartment

Property size:
5,440 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
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 Features for 9563 Madison St

General Information

Property type
Other commercial real estate
Square Feet
5,440 SF
Lot Size
11,761 SF

Building Details

Year Built
1980

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ice Cream Spot ... Ice Cream Shop Spotlite Cafe & Ice ... Family Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Auto Parts Store Hotel & Motel Department Store Pharmacy Food Market

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Garrison
County
Crow Wing
State
Minnesota
Longitude
-93.82532
Latitude
46.29497

FAQs

What type of property is this?
Commercial real estate - Established Restaurant, Lakefront Apartment
Where is this commercial real estate located?
The property is located at 9563 Madison St Garrison, MN.
What is the asking price?
The asking price for this property is $399,000.
More about this property
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