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 feet of direct lakeshore frontage with dock access and 22 boat slips.
  • Established operation with a loyal customer base and 17-year community presence.
  • Located in a quiet neighborhood with strong regional draw for dining and events.
  • Two full-service bars and a well-equipped commercial kitchen on-site.

OVERVIEW

Now available for purchase, this fully operational lakeside restaurant and bar presents a rare owner-user investment opportunity in Waseca, Minnesota. Positioned directly along 130 feet of stunning lakeshore frontage, the property combines a unique setting with a proven business model. Featuring a spacious interior with ample seating, a full-service kitchen, and dual bars on two levels, the establishment has been thoughtfully designed for functionality and guest comfort. The property’s outdoor patio and included 22 boat slips add unmatched seasonal appeal, making it a renowned destination for casual dining, boating patrons, and community gatherings. With 17 years of operating history, loyal clientele, and city-backed real estate sale terms, this asset delivers both immediate revenue continuity and long-term value. Ideal for restaurateurs or investors seeking a turnkey hospitality operation in a scenic, established lakeside location.

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

B-2

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.