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PRICE REDUCED! Spotlite Cafe
9563 Madison Street, Garrison, MN 56450
For Sale $275,000.00

PRICE REDUCED TO $275,000 FROM $399,000! With a long standinghistory in Garrison, purchasing Spotlite Cafe is a rare and exciting opportunity. 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 and dinner items. Garrison is considered the hot spot on Mille Lacs Lake for fishing, shopping, dining, and more – now its your turn to benefit from the locals and tourists alike.

  • Purchase Price: $275,000.00
  • Directions: From the Hwy 18 / Hwy 169 intersection in Garrison - Go south on Hwy 169 one block - Right (west) on Restaurant Street - Spotlite Cafe is at the NW corner of Restaurant Street and Madison Street
  • Building Size Total (Sq. Ft): 5,440
  • Building Size Main (Sq. Ft): 3,928
  • Building Size Upper (Sq. Ft): 1,512
  • Lot Size (Sq. Ft): 11,745
  • Lot Size (Acres): 0.27
  • Lot Dimensions: 72.5' x 150' x 87.5' x 58' x 15' x 92'
  • Road Frontage: 72.5' along Madison Street and Hwy 169 and 150' along Restaurant Street
  • Original Price: $399,000.00
  • Price Note: PRICE REDUCED TO $275,000 + Inventory (Purchase Price includes Business, Real Estate & Equipment)
  • Property Tax Year: 2019
  • Annual Property Tax: $10,394.00
  • Annual Cash Flow: $147,200
  • Business Name: Spotlite Cafe
  • Type of Business: Restaurant & Bakery
  • Year Established: 1976
  • # of Employees: 5
  • Reason For Selling: Owners wish to move on to new endeavors.
  • Property Features / Assets: 3 Kitchens Total (2 on the Main Level, 1 on Upper Level). 2 Coolers (Main Level). Extensive equipment list available with Agent. Main Level Seating Capacity is 30.
  • Water: City
  • Sewer: City
  • Heating: Natural Gas Boiler w/ Baseboard Heat
  • Cooling: Central Air - Electric Ground Unit, Roof Unit & Wall-Mount Unit
  • Electric – Amps: One 100 Amp Panel & Three 200 Amp Panels
  • Electric – Phase: Three
  • Lighting: Fluorescent
  • Year Built: 1980
  • Construction: Concrete Block
  • Foundation: Concrete
  • Roof: Asphalt Shingles & Rubber Membrane
  • Exterior: Steel Siding
  • Ceiling Height: 8'
  • Bathrooms: 3 (2 on Main Level, 1 on Upper Level, Upper Level also has a Shower)
  • Security: Yes
  • Utilities Available: Power: Mille Lace Energy Co-op & Gas: Centerpoint Gas
  • Parking Spaces: 10 Paved Asphalt Stalls
  • Traffic Counts: 6,100 - 8,000 on Hwy 18 and 3,800 on Hwy 169
  • MLS #: 4663595
  • CC File #: 1393
  • Zoning: Commercial
  • PID#: 24130607
  • Legal Description: (Legacy PID 24103002014Z009) S 87.5 ft of Lot 14 Block 2, and S 87.5 ft of Lot 15 Except N 15 ft lying E'ly of the W'ly 8 ft, and also the S 87.5 ft of Lot 16 Block 2 Except the N 15 ft Subject to an Easement of Record granted to the Garrison Kathio West Mille Lacs Lake Sanitary District on Doc #733785, Town of Midland
Property Map