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    805 Main St Madison Lake, MN 56063

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    For Sale
    Contact for pricing

    Thriving lakeside bar, grill, and entertainment venue for sale.

    Property size:
    6,056 SF
    Lot size:
    0.78 Acres

    Property Features for 805 Main St

    General Information

    Size
    6,056 SF
    Lot size
    0.78 Acres

    Source: NAI North Star Agent David Schooff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside Hospitality Business Opportunity

    The Landing on Madison presents an opportunity to acquire a hospitality business and real estate package in southern Minnesota’s lake country. Positioned on the shores of Madison Lake, this bar, grill, and entertainment venue is known for its relaxed atmosphere and sunset views. The property includes a 3,000-square-foot lakeside deck for outdoor dining, live music, and gatherings. A full-service bar and kitchen offer American comfort food. Guests can arrive by boat or car and enjoy amenities such as boat/pontoon slip rentals, non-oxy boat fuel, and an outdoor tiki bar. The business operates year-round, catering to the summer boating season and winter activities like ice fishing and snowmobiling. The offering includes four condo rentals, providing short-term accommodations for vacationers and event-goers. Madison Lake attracts visitors for boating, fishing, and events like Paddlefish Days and the Big Bobber Ice Fishing Tournament. The Landing offers waterfront dining, entertainment, and lodging, ensuring multiple revenue streams and a customer base. The property is located a short drive from Mankato and the Twin Cities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Building Supply Auto Repair Shop Hotel & Motel Kitchen & Bath Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison Lake
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.81537
    Latitude
    44.20178

    Nearby Similar for Sale

    • Contact for pricing
      6,056 SF

      Lakeside Hospitality Business Opportunity

      Thriving bar, grill, and condos on Madison Lake.
      803 Main St, Madison Lake, MN 56063
      View Details

    FAQs

    What type of property is this?
    Bar - Thriving lakeside bar, grill, and entertainment venue for sale.
    Where is this bar located?
    The property is located at 805 Main St Madison Lake, MN.
    What are key features of this property?
    This property features: - Established, Profitable Lakeside Business: Turnkey operation with a strong local reputation.; - Prime Waterfront Location: Situated on Madison Lake, a popular regional tourism destination.; - Multiple Revenue Streams: Bar, grill, entertainment venue, and four short-term condo rentals.
    (507) 380-7340
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    805 Main St Madison Lake, MN 56063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    805 Main St Madison Lake, MN 56063
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