$399,000
9563 Madison Street
Garrison, MN 56450
MLS# 6442441



9563 Madison Street, Garrison, MN 56450
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Property Description
Excellent opportunity to take over a long standing, well operated restaurant and ice cream shop located along Hwy 169 in Garrison, opposite Mille Lacs Lake. In operation for over 40 years, Spotlite Cafe has been serving its customers with exceptional made-from-scratch all-day breakfast, lunch & dinner, including their famous original pancake recipe. Recently added within the restaurant is the Ice Cream Spot - an ice cream parlor and gift shop serving scoops of Kemps ice cream in cones, bowl & pints as well as Mille Lacs Lake Gift Shop - brimming with apparel & souvenirs. This distinct restaurant, paired with an upper level apartment overlooking Mille Lacs Lake, represents a unique investment. Enjoy easy access, excellent visibility and high traffic counts.

Details
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $399,000
Contingency: None
ListPrice: 399000
List Date: 2023-10-02
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: Yes
Road Btwn WF & Home?: Yes
Waterfront Present: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3928
Lake/Waterfront Name: Mille Lacs
For Sale or Lease: For Sale
Acres: 0.27
Lot Dimensions: 72.5’ x 15.01’ x 87.5’ x 58’ x 15.03’ x 92.06’
Location, Tax and Other Information
Legal Description: S. 87 1/2 FT OF LOT 14 BLK 2, AND S. 87 1/2 FT OF LOT 15 EXCEPT N. 15 FT LYING E'LY OF THE W'LY 8 FT, AND ALSO THE S. 87 1/2 FT OF LOT 16 BLK 2 EX. THE N. 15 FT. SUBJECT TO AN EASEMENT OF RECORD GRANTED TO THE GARRISON KATHIO WEST MILLE LACS LAKE SAN ITARY DISTRICT ON DOC #733785.
Listing City: Garrison
Map Page: 999
Municipality: Garrison
Rental License?: No
School District Phone: 218-454-6900
House Number: 9563
Street Name: Madison
Street Suffix: Street
Lake Chain: N
Postal City: Garrison
County: Crow Wing
State: MN
Zip Code: 56450
Zip Plus 4: 56
DNR Lake ID#: 48000200
Property ID Number: 24130607
DNR Lake Classification: General Development
Complex/Dev/Subdivision: Town Of Midland
Tax Year: 2024
Tax Amount: 4344
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Excellent opportunity to take over a long standing, well operated restaurant and ice cream shop located along Hwy 169 in Garrison, opposite Mille Lacs Lake. In operation for over 40 years, Spotlite Cafe has been serving its customers with exceptional made-from-scratch all-day breakfast, lunch & dinner, including their famous original pancake recipe. Recently added within the restaurant is the Ice Cream Spot - an ice cream parlor and gift shop serving scoops of Kemps ice cream in cones, bowl & pints as well as Mille Lacs Lake Gift Shop - brimming with apparel & souvenirs. This distinct restaurant, paired with an upper level apartment overlooking Mille Lacs Lake, represents a unique investment. Enjoy easy access, excellent visibility and high traffic counts.
Directions: From Hwy 18 / Hwy 169 intersection in Garrison - West on Monroe Street - South on Madison Street - Spotlite Cafe is at the NW corner of Madison Street and Restaurant Street
Assessments
Tax With Assessments: 4344
Building Information
Building Finished SqFt: 5440
Building SqFt: 5440
Lake Details
Lake Acres: 128250
Lake Depth: 42
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: GLAR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 28
Section#: 13
Township#: 44
Sale Options
Sale Includes: Building, Business, Fixture/Equipment, Land
Unit Details
Total Units: 1
Property Features
Accessible: Wheelchair Ramp
Air Conditioning: Central
CMU Style: Apartments and Retail; Business Opportunity; Freestanding
Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Flat Top; Freezer; Fryer; Grill; Ice Machine; Oven; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table
Construction Materials: Block
Construction Status: Previously Owned
Current Use: Commercial; Restaurant; Retail
Exterior: Metal
Fuel: Natural Gas
Heating: Baseboard; Boiler
Lake/Waterfront: Lake View
Location Description: Free Standing
Lock Box Type: SentriLock
Lot Description: Corner Lot
Miscellaneous Information: Kitchen Facilities; Three Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Uncovered/Open
Potential Use: Restaurant; Retail
Road Frontage: City Street; Paved Streets
Roof: Asphalt Shingles; Rubber
Sewer: City Sewer/Connected
Stories: Two
Topography: Level
Water: City Water/Connected

Listing Office: Close-Converse Commercial Prop

Last Updated: April - 26 - 2024

9563 Madison Street, Garrison, MN 56450 - MLS# 6442441
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.