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Lakeside Hospitality Business Opportunity
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803 Main Street, Madison Lake, MN 56063

Thriving lakeside bar, grill, and entertainment venue with lodging.

Property Size3,000 SF
Days on Market155

Property Features for 803 Main Street

General Information

Standard status Active
Size 3,000 SF
Property subtype Hospitality

Building Details

Year Built 2003
Listing Agency: NAI North Star
Listed By: David Schooff · License #MN #40137517
Source: Naiglobal
Added: Feb 26 Changed: Jul 10 Last Checked: Jul 22 at 4:21AM

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 NAI North Star

Investment Insights

Based on property information with market context.

The Landing on Madison presents an opportunity to acquire a hospitality business and real estate package located on Madison Lake. This established bar, grill, and entertainment venue is known for its welcoming atmosphere and sunset views. A 3,000-square-foot lakeside deck serves as a hub for outdoor dining, live music, and summer gatherings. The 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 property includes four furnished condos. It is a turnkey and profitable operation with growth potential.

Key Highlights

  • Prime lakeshore location on Madison Lake with boat‑up access.
  • Established, profitable bar and restaurant with a strong customer base.
  • Year‑round operation capitalizing on both summer and winter activities.

Property Analytics

Current Use

The Landing On Madison Restaurant Your Boat Club ... Boat Club

Suggested Use

Top Pick HVAC Service Plumbing Service Real Estate Agency Grocery & Convenience Store Storage Facility Garden Center

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

88
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
9,165 visits/mo 0.4 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

Properties on Market for Hospitality properties in Madison Lake

Jan
Feb
Mar
Apr
May
Jun

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?
Hospitality property - Thriving lakeside bar, grill, and entertainment venue with lodging.
Where is this hospitality property located?
The property is located at 803 Main Street Madison Lake, MN.
What are key features of this property?
This property features: Prime lakeshore location on Madison Lake with boat‑up access.; Established, profitable bar and restaurant with a strong customer base.; Year‑round operation capitalizing on both summer and winter activities.
More about this property
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