Dave Birka - Coldwell Banker River Valley Realtors
805 Main St
Madison Lake, MN 56063

$2,500,000

Description

High volume restaurant/bar on Madison Lake. Sale includes 1 four-plex where units rent by the week, 8 camper sites that rent by year, 1 mobile home rental, and 33 boat slips for rent. Brand new bar and large kitchen have just been added to handle large business volume. The entire building has been remodeled in 2017/2018. All equipment goes with. Outside features include 2 tiki bars, a floating dinning area and a large fire pit. Dock for boaters to pull up to for dinning and of course gas sales.

Details

MLS#4991578
Sub-TypeResale
StatusActive
Days On Site123

Features

SQ Feet3,106
Story(s)1
Units4
ZoningBusiness/Commercial

Market Activity 56063

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Area Information

StateMN
CountyBlue Earth
CityMadison Lake
Zip Code56063
AreaMadison Lake (MN)
Listing VS Median (in 56063)
Price:
$2,500,000
low | high
Med:
$184,950
100% of Average
SqFt:
3,106
low | high
Med:
1,128
100% of Average
$ / SqFt:
$805
low | high
Med:
$43
100% of Average
On Site:
123
low | high
Med:
62.5
100% of Average
Listing Updated: 12/10/2018
MLS Number: 4991578
Listing Provided By:
Dennis Terrell  of  RE MAX Dynamic Agents