406 9th St NE - Restaurant FOR SALE


Waseca, MN 56093
$675,000 USD
763-999-1285
406 9th St NE, Waseca, MN for Sale
$675,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

406 9th St NE
Waseca, MN 56093


HIGHLIGHTS

  • 130 ft Lakeshore
  • Turnkey Grill & Bar
  • Dock access

OVERVIEW

Lakefront Grill & Bar – Price Reduced! Turnkey Opportunity | Full-Service Restaurant & Bar | 17-Year Legacy on the Lake Now offered at a reduced price, this well-established, full-service American grill and bar offers an exceptional turnkey opportunity for restaurateurs or investors. Situated in a peaceful residential neighborhood with stunning lakeshore views, the business enjoys a loyal customer base, trained staff, and a long-standing reputation for quality and hospitality. HIGHLIGHTS Prime Lakeside Location: Located directly on the shore, this restaurant is a popular destination for both locals and tourists. 22 Boat Slips Included: Valued at approximately $90,000, the slips attract boaters all summer long and add tremendous seasonal value. Efficient & Spacious Layout: The interior is thoughtfully designed with ample seating, tasteful decor, and a well-equipped full-service kitchen and bar. Outdoor Seating: The lakeside patio is a major draw during warmer months, offering a scenic and relaxing dining experience. Established for 17 Years: A cherished community staple, known for its friendly, family-oriented atmosphere. Menu Favorites: Signature cocktails and a crowd-pleasing menu featuring steak, walleye, ribs, pasta, burgers, sandwiches/wraps, baskets, flatbreads, a full salad bar, and Sunday breakfast. This is more than just a restaurant—it’s a destination. Whether you're looking to expand your portfolio or take the reins of a beloved community gem, this opportunity combines location, legacy, and lifestyle.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Boathouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

17.900.0040

ASK ABOUT THIS PROPERTY

Dan McGuireHSC Business BrokersMore Info
763-999-1285

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Dan McGuireHSC Business BrokersMore Info
763-999-1285

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.