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    Spicer, MN Restaurants for Sale

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    Profitable Fun Park on Highway
    Updated: Sep 25, 2025
    Profitable Fun Park on Highway

    190 Progress Way, Spicer, MN 56288

    $1,250,000
    3,333 sqft
    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.
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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 6 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

    Opportunities in Nearby Cities

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

    Downtown Saint Joseph Retail Building
    Downtown Saint Joseph Retail Building

    14 College Ave N, Saint Joseph, MN 56374

    Contact for pricing
    2,937 sqft

    Retail building with restaurant buildout and income-producing tenant.

    View details
    Prime Corner Location with Lofts
    Prime Corner Location with Lofts

    7 E Minnesota St, Saint Joseph, MN 56374

    Contact for pricing
    4,350 sqft

    Highly visible corner location in downtown Saint Joseph, Minnesota.

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    High-Performing Dunkin' Location For Sale
    High-Performing Dunkin' Location For Sale

    MN

    Contact for pricing
    2,000 sqft 0.45 AC lot

    Top-ranked Dunkin' in Minnesota with strong sales and high traffic.

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    Historic Downtown St. Cloud Landmark
    Historic Downtown St. Cloud Landmark

    MN

    Contact for pricing
    11,918 sqft 0.10 AC lot

    3.5-level building with bar, event space, and restaurant.

    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

    159 Lk S Ave, Spicer, MN 56288-8629

    $975,000
    Estimated value
    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 average $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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