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Fully Furnished Breakfast Diner
For Sale
$1,215,000

1501 E College Drive, Marshall, MN 56258

Existing restaurant operation at a business/commercial-zoned property in Marshall.

Property Size4,702 SF
Days on Market381

Property Features for 1501 E College Drive

General Information

Standard status Active
Size 4,702 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Furnished Yes
Business Included Yes

Taxes and HOA fees

Annual Taxes $12,362

Building Details

Building Size 4,702 SF
Year Built 1972
Stories 1
Units 1
Listing Agency: Marshall Area Homes
Listed By: Cheri Ziemer
Source: Ivyrealestategroup
Added: Aug 4, 2025 Changed: Aug 16 Last Checked: Aug 19 at 2:11PM

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 Marshall Area Homes

Investment Insights

Based on property information with market context.

This breakfast diner at 1501 E College Drive in Marshall, Minnesota, includes furnishings for the existing restaurant operation and a clean, comfortable dining environment. The property was built in 1972 and is classified for business/commercial use.

The layout includes designated space for a potential future drive-through addition. The sale also includes the menu and recipes associated with Mike's Cafe, providing operating materials connected to the current food-service concept.

Key Highlights

  • Existing breakfast diner operation at 1501 E College Drive, Marshall, MN 56258
  • Business/Commercial zoning designation
  • Fully furnished restaurant space

Property Analytics

Current Use

J&J Washout, Car ... Car Wash Mike's Cafe Restaurant Toni's Depot Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Electrical Service Storage Facility Hair Salon Kitchen & Bath Showroom

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

916
Businesses Nearby
92k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 63% Shops & Services 26% Hotels & Casinos 4% Apparel 3%
Hobby Lobby Shops & Services
18,714 visits/mo 0.3 miles
Taco Bell Dining
14,724 visits/mo 0.3 miles
Applebee's Dining
11,611 visits/mo 0.2 miles
Arby's Dining
10,855 visits/mo 0.0 miles
Caribou Coffee Dining
9,672 visits/mo 0.0 miles

Demographics for 56258, MN

15,480
Population
6,976
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
193.8 sq mi
ZIP Area
80
Density / Sq Mi
$70,640
Median Household Income
$41,159
Median Earnings
$742
Median Rent
$210,100
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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Similar Off Market Nearby

  • Mike's Cafe 1501 E College Dr, Marshall, MN 56258

Frequently Asked Questions

What type of property is this?
Breakfast & diner - Existing restaurant operation at a business/commercial-zoned property in Marshall.
Where is this breakfast & diner located?
The property is located at 1501 E College Drive Marshall, MN.
What is the asking price?
The asking price for this property is $1,215,000.
What are key features of this property?
This property features: Existing breakfast diner operation at 1501 E College Drive, Marshall, MN 56258; Business/Commercial zoning designation; Fully furnished restaurant space
More about this property
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