Madison Lake, MN
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    Madison Lake, MN Multifamily Properties for Sale

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    Eagle Lake, MN Kasota, MN Cleveland, MN
    Lakeside Hospitality Business Opportunity
    Contact for pricing
    3,000 SF
    Lakeside Hospitality Business Opportunity

    803 Main Street |, Madison Lake, MN 56063

    Thriving lakeside bar, grill, and entertainment venue with lodging.
    • 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.
    • Large 3,000 sq. ft. lakeside deck and outdoor tiki bar for dining and events.
    • Turnkey business with growth potential.
    Updated: Feb 26
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Madison Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Mankato Townhome Quadplex
    $1,195,000
    0.44 Acres
    Renovated Mankato Townhome Quadplex

    Fully renovated, occupied 4-unit townhome with modern appeal and income stability.

    412 Holly Lane, Mankato, MN 56001

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    Mixed-Use Building With Private Office
    $409,900
    0.21 Acres
    Mixed-Use Building With Private Office

    Downtown mixed-use property with an updated office suite and two rental apartments, plus outbuildings for added storage or work space.

    196 Main Street W, Elysian, MN 56028

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    Mankato Multifamily Property For Sale
    $1,195,000
    0.44 Acres
    Mankato Multifamily Property For Sale

    Multifamily property in Mankato, MN, available for purchase.

    412 Holly Lane, Mankato, MN 56001

    View details
    Flex Space with Vacation Rental CUP
    $299,900
    Flex Space with Vacation Rental CUP

    Versatile commercial property with a conditional use permit for vacation rental use and strong highway visibility.

    406 W State Hwy 60, Elysian, MN 56028

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres
    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131

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    Commercial Land Near Freeway
    $799,000
    9.20 Acres
    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037

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    Land for Multi-Family Housing
    $249,900
    2.16 Acres
    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308

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    Alexandria Lakeshore Property with Rental Opportunity
    $798,500
    15.62 Acres
    Alexandria Lakeshore Property with Rental Opportunity

    Lakeshore property with rental cabins and RV sites near Alexandria.

    5950 County Road 8 NW, Alexandria, MN 56308

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    Madison Lake, MN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Madison Lake, MN on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for multifamily properties in Madison Lake, MN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 3,059
    Population Growth (5Y) +9.3%
    Median Household Income $100,156
    College Educated 54.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $29.86 per SF
    Tax Rate vs County Average 0.56 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Blue Earth County

    New Delisted

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