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    Milaca, MN
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    Milaca, MN Restaurants for Sale

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    Turnkey Event Venue & Catering Facility
    Updated: Jul 17
    Turnkey Event Venue & Catering Facility

    10376 112th Avenue, Milaca, MN 56353

    $1,499,000
    13,000 sqft 5.00 AC lot
    Purpose‑built Northern Lights Ballroom & Banquet Center built in 2006, with an approx. 13,000 SF event facility on approx. 5 acres
    Ballroom setup accommodates up to 400 guests, with a soundproof divider for flexible room configurations
    Full commercial kitchen plus walk‑in cooler and walk‑in freezer for catering operations
    Active liquor license and dedicated laundry room, with private staff accommodations
    Fire sprinkler system with dedicated water reservoir and compliant septic system
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Milaca, 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.

    Second-Generation Restaurant Space
    Second-Generation Restaurant Space

    16496 149th St SE, Big Lake, MN 55309

    Contact for pricing
    7,500 sqft

    Restaurant space includes an outdoor patio, existing restaurant infrastructure, and wood finishes with a fireplace.

    View details
    Turnkey Restaurant Lodge with Banquet
    Turnkey Restaurant Lodge with Banquet

    Saint Cloud, MN 56304

    Contact for pricing
    12,000 sqft 2.56 AC lot

    Lodge-style restaurant with a main-level bar, double-sided fireplace dining, and a lower-level banquet hall for up to 275 guests.

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    Commercial Kitchen Space
    Commercial Kitchen Space

    121 Franklin Avenue NE, Saint Cloud, MN 56304

    $230,000

    Small restaurant premises with highway access and documented compliance with local health and safety requirements.

    View details
    Turnkey Full-Service Restaurant
    Turnkey Full-Service Restaurant

    16496 149th St SE, Big Lake, MN 55309

    Contact for pricing

    Turnkey restaurant with full kitchen line, furnished interior, bar seating, and a large outdoor patio.

    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.

    Commercial Land Near Highway
    Commercial Land Near Highway

    1901 2nd Street N, Princeton, MN 55371

    $319,900
    1.42 AC lot

    Commercial land with highway exposure in Princeton, Minnesota.

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    Shovel-Ready Corner Commercial Lot
    Shovel-Ready Corner Commercial Lot

    1xx Central Drive E, Braham, MN 55006

    $70,000
    1.09 AC lot

    Level 1.09-acre site with corner visibility and city service access, suitable for a range of downtown commercial uses.

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    Commercial Land in Highway Business District
    Commercial Land in Highway Business District

    Pine Road NW, Rice, MN 56367

    $199,900
    3.50 AC lot

    3.5+ acres of B-3 Highway Business District land off Highway 10 with strong visibility and direct north-south access.

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    Zoned Waterfront Commercial Lot
    Zoned Waterfront Commercial Lot

    3518 Bridge Street, Saint Francis, MN 55070

    $224,900
    1.72 AC lot

    Waterfront, strictly B-1 zoned land in St. Francis’ commercial district for destination-style retail and dining.

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    Milaca, MN Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Milaca, MN on our real estate platform. These investment opportunities span a total of 13,000 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for restaurant properties in Milaca, MN average $1,499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1

    Demographics Overview

    Population 9,489
    Population Growth (5Y) +1.9%
    Median Household Income $77,170
    College Educated 21.5%

    High-Yield Neighborhoods for Investment

    Identify Milaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    56353 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 2.05%
    Property Tax per SF $23.30 per SF
    Tax Rate vs County Average 0.07 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mille Lacs County

    New Delisted

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