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Grocery Market with Gas Station
For Sale
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Pending

600 Walnut Avenue, Madison Lake, MN 56063

Well-established market features a covered canopy, pay-at-the-pump gas service, and an additional separate-entry office space.

Property SizeContact for details
Days on Market150

Property Features for 600 Walnut Avenue

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Century 21 Atwood
Listed By: Cindy Florine · License #MN
Source: Crexi
Added: Apr 11 Changed: Aug 26 Last Checked: Sep 6 at 8:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Atwood

Investment Insights

Based on property information with market context.

This well-established market combines grocery and convenience offerings with on-site fuel service. The building is approximately 5,000 square feet and includes a bathroom, an indoor seating area for coffee or lunch, and a small bakery area. An additional 900-square-foot space is available for an office with a separate entrance, which could be leased separately or adapted for another use.

The property includes an asphalt drive and a covered, lighted canopy. Gas service is pay at the pump, available 24/7. A bait station is also on-site for fishing needs.

The market has been operated for 40 years by the same owner, presenting a turnkey opportunity for an owner-operator or a new operator seeking a long-running neighborhood retail and fuel business.

Key Highlights

  • Approx. 5,000 sq. ft. market building with seating area, bathroom, and small bakery area
  • Covered, lighted canopy with asphalt drive and pay‑at‑the‑pump gas service
  • Gas tanks configured for 24/7 pay‑at‑the‑pump operation

Property Analytics

Current Use

The Market Grocery & Convenience Store Clothes and Shoes DAV ... Charitable Organization ATM Grocery & Convenience Store First Choice Flooring Carpet & Flooring Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Plumbing Service Storage Facility Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
9,165 visits/mo 0.3 miles

Demographics for 56063, MN

2,945
Population
1,627
Households
1.8
Avg Household Size
45
Median Age
39%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
74
Density / Sq Mi
$100,156
Median Household Income
$57,275
Median Earnings
$848
Median Rent
$396,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Well-established market features a covered canopy, pay-at-the-pump gas service, and an additional separate-entry office space.
Where is this grocery and convenience store located?
The property is located at 600 Walnut Avenue Madison Lake, MN.
What are key features of this property?
This property features: Approx. 5,000 sq. ft. market building with seating area, bathroom, and small bakery area; Covered, lighted canopy with asphalt drive and pay‑at‑the‑pump gas service; Gas tanks configured for 24/7 pay‑at‑the‑pump operation
More about this property
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