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    Spicer, MN
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    Spicer, MN Restaurants for Sale

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    Willmar, MN Kandiyohi, MN New London, MN
    Profitable Fun Park on Highway
    $1,250,000
    3,333 SF
    Profitable Fun Park on Highway

    190 Progress Way, Spicer, MN 56288

    Family entertainment venue with year-round growth opportunities in Spicer, Minnesota.
    • Strong year‑over‑year Net Operating Income (NOI) makes this an attractive investment opportunity.
    • Proven business model with sales growth every year for the past 8 years.
    • Located on 4.49 acres on Highway 23, a primary highway with high traffic, surrounded by retail and hospitality businesses.
    • Diverse revenue streams from miniature golf, go‑karts, bumper boats, Godfather's Pizza Express franchise, and other food sales.
    • Located near Green Lake, a popular tourist destination, and a new world‑class golf course (Tepetonka) opening in 2024.
    Updated: Sep 25, 2025
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Spicer, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Turnkey Restaurant and Event Venue
    $249,000
    9,600 SF
    Turnkey Restaurant and Event Venue

    9,600 SF restaurant and event venue with extensive amenities.

    153 Stearns E Avenue, Eden Valley, MN 55329

    View details
    Downtown Saint Joseph Retail Building
    $595,000
    2,937 SF
    Downtown Saint Joseph Retail Building

    Retail building with restaurant buildout and income-producing tenant.

    14 College Ave N, Saint Joseph, MN 56374

    View details
    Former Speakeasy Bar & Grill
    $249,000
    Former Speakeasy Bar & Grill

    Former bar and grill available for sale in Eden Valley.

    153 Stearns Ave E, Eden Valley, MN 55329

    View details
    Prime Corner Location with Lofts
    $1,200,000
    4,350 SF
    Prime Corner Location with Lofts

    Highly visible corner location in downtown Saint Joseph, Minnesota.

    7 E Minnesota St, Saint Joseph, MN 56374

    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.

    Benson Land: Development Opportunity
    $389,200
    26.12 Acres
    Benson Land: Development Opportunity

    26.12 acres in Benson, MN, for urban development.

    0 20th Ave NE/Co 57, Benson, MN 56215

    View details
    High-Visibility Commercial Lot
    $65,000
    0.15 Acres
    High-Visibility Commercial Lot

    Commercial lot for sale with traffic exposure to a major interstate corridor and nearby drive-through retail.

    7th Street S, Albany, MN 56307

    View details
    Four-Lane Commercial Land Site
    $491,500
    1.22 Acres
    Four-Lane Commercial Land Site

    Commercial land with 175 feet of frontage and fiber optic service, positioned for access to major highways near retail anchors.

    3XX 10th Avenue S, Waite Park, MN 56387

    View details
    Commercial Development Land Lot
    $309,900
    0.88 Acres
    Commercial Development Land Lot

    Nearly an acre of commercial land with strong intersection exposure on 2nd Avenue North in Waite Park.

    N 2nd Avenue, Waite Park, MN 56387

    View details

    Off-Market Properties in Spicer, MN

    Consider similar Off-Market properties in Spicer, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    159 Lk S Ave
    RESTAURANT
    Value Estimation by Request

    159 Lk S Ave, Spicer, MN 56288-8629

    View details

    Spicer, MN Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Spicer, MN on our real estate platform. These investment opportunities span a total of 3,333 square feet of properties for sale, with an estimated market value of $1,250,000.

    Sale prices for restaurant properties in Spicer, MN start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — 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 4,655
    Population Growth (5Y) -4.0%
    Median Household Income $105,000
    College Educated 44.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    56288 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.47%
    Property Tax per SF $9.05 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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