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Turnkey Restaurant Bar on Lakeshore
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406 9th St NE, Waseca, MN 56093

Established restaurant and bar with 130' of lakeshore.

Property Size4,564 SF
Price / SF$147.90
Days on Market1185

Property Features for 406 9th St NE

General Information

Standard status Active
Size 4,564 SF
Property subtype Retail
Occupancy 100%

Building Details

Year Built 1908
Year Renovated 2006
Buildings 1
Stories 2
Tenancy Single
Listing Agency: HSC Business Brokers
Listed By: Dan McGuire · License #MN
Source: Crexi
Added: May 24, 2023 Changed: Aug 8 Last Checked: Aug 19 at 5:35AM

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 HSC Business Brokers

Investment Insights

Based on property information with market context.

This turnkey, full-service American cuisine grill and bar is located in a quiet residential neighborhood on the shores of a lake. The interior is efficiently designed, well-decorated, and spacious, offering ample seating, a full-service bar, and a kitchen. An outdoor seating area enhances the view and provides an enjoyable dining experience. The restaurant has been a gathering place for 17 years, drawing in locals and visitors with its inviting family atmosphere, signature drinks, and menu featuring steak, walleye, ribs, pastas, burgers, sandwiches, wraps, baskets, flatbreads, a salad bar, and Sunday breakfast. The property has 130' of lakeshore and a loyal customer base, trained staff, and a well-established reputation. Stunning lakeshore views make the grill and bar a sought-after venue for boaters, parties, and special events. The property size is 4564 square feet.

Key Highlights

  • Turnkey restaurant and bar with loyal customer base and trained staff
  • Enjoy 130' of stunning lakeshore frontage
  • Well‑established reputation and cherished gathering place for 17 years

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Pharmacy

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

272
Businesses Nearby
Balanced
Demand for This Use

Demographics for 56093, MN

12,469
Population
5,216
Households
2.4
Avg Household Size
40
Median Age
19%
College-Educated
92%
High-School Grad
180.5 sq mi
ZIP Area
69
Density / Sq Mi
$73,210
Median Household Income
$42,474
Median Earnings
$829
Median Rent
$214,800
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
Rey
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Similar Off Market Nearby

  • Bardens Bar And Liquor Store 110 State St N, Waseca, MN 56093
  • Katie O' Leary's Beef and Brew 117 2nd Ave NE, Waseca, MN 56093
  • Boat House Grill & Bar 406 9th St NE, Waseca, MN 56093
  • Boxcar Bar 202 W Elm Ave, Waseca, MN 56093
  • Michelob Golden Light Draft waseca, mn 56093

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established restaurant and bar with 130' of lakeshore.
Where is this bar & pub located?
The property is located at 406 9th St NE Waseca, MN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Turnkey restaurant and bar with loyal customer base and trained staff; Enjoy **130' of stunning lakeshore frontage**; Well‑established reputation and cherished gathering place for 17 years
More about this property
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