$299,000 9563 Madison Street Garrison, MN

MLS: 4663595   Type: Commercial   County: Crow Wing   City: Garrison   Zip: 56450   Style: Business Opportunity     Taxes: $5,798

Mortgage $1,404 /mo



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With a long standing history in Garrison, purchasing Spotlite Cafe is a rare and exciting opportunity. The business continues to thrive w/ 2017 sales up over 2016. Famous for their original pancake recipe, Spotlite draws in the crowds for their breakfast, served all day, as well as providing an extensive menu of lunch & dinner items. Garrison is considered the hot spot on Mille Lacs Lake for fishing, shopping, dining, & more - now its your turn to benefit from the locals & tourists alike.

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Price History

11/4/2016 Listed $399,000
5/10/2017 13% - $349,000
7/30/2018 15% - $299,000

Contingency None
Cumulative Days on Market 1509
Handicap Accessible Other
Listing Status Active
Municipality Garrison
Potential Short Sale No
Property Type CMU
School District 181 - Brainerd
Tax Year 2018
Year Built 1980
Zoning Business/Commercial

Interior Features

A/C Central
Appliances Range, Cooktop, Wall Oven, Indoor Grill, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Freezer, Other
Fuel Natural Gas
Garage Stalls 0
Heating Baseboard, Boiler

Exterior Features

Acres 0.270
Building Finished Square 5440
Exterior Metal
Foundation Size 3928
Lake/waterfront - Y:n 0
Lot Description Corner Lot
Other Parking Spaces 10
Road Frontage City, State, Paved Streets, Curbs, Sidewalks
Roof Asphalt Shingles, Rubber
Sewer City Sewer/Connected
Water City Water/Connected

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (56450)

Price 299K Avg 313K

Sqr Feet 5,440 Avg 4,324

Cost / Sqr Ft $55 Avg $72

Taxes $5,798 Avg $4,800

Acres 0.27 Avg 13.85

Visits 231 Avg 84

Days on Site 1,057 Avg 376

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Listing Provided Courtesy Of: Close-Converse Commercial Prop

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Location & Address

Trust Real Estate Team
11200 W 78th St
Twin Cities, MN

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