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Active NEW!
$1,300,000
/mo Edit
Commercial:  1 Story
Built 1972
0.86 acres
Marshall schools
MLS# 6766738
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    Property Description

    Don't miss this rare opportunity to own a fully operational, turn-key diner in a high-traffic, high-visibility location in the heart of Marshall! This beloved eatery has been serving loyal customers for years, including locals, commuters and college students! The business is fully furnished, and the atmosphere is cozy and clean. Space has been allocated for the future addition of a drive-through. Whether you're looking to expand your business, cater or have another business idea entirely, this is the perfect space for your next venture. Bonus is that the buyer will receive the menu and recipes from Mike's Cafe, offering a part of two popular businesses with this sale!

    Listing

    Contingency: None
    City: Marshall
    County: Lyon
    State: MN
    Property Style: 1 Story
    Zip Code: 56258
    Subdivision Name: F J Mclaughlin 2nd Sub

    Interior

    Appliances Included:
    • Dishwasher
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Indoor Grill
    • Refrigerator
    • Stainless Steel Appliances

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 54
    Air Conditioning: Dual
    Foundation Size: 4,702 ft2
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, Wheelchair Ramp(s)
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage: City Street
    Exterior Material:
    • Block
    • Brick/Stone
    • Vinyl Siding
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.86
    Geolocation: 44.451074, -95.760701
    Inclusions: Building, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 50000
    Zoning: Business/Commercial

    Schools

    School District: 413
    District Phone: 507-537-6924

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,363
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $24,686

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Marshall Area Homes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.