10376 112th Avenue,Milaca, MN 56353
Milaca, MN 56353
Description
Exceptional Turnkey Event Venue & Catering Business Opportunity! Northern Lights Ballroom & Banquet Center is an established, purpose-built wedding venue and banquet center situated on approximately 5 acres in Milaca Minnesota. Constructed in 2006, the approximately 13,000-square-foot facility accommodates up to 400 guests and features a spacious ballroom with a soundproof divider, allowing flexible room configurations for both intimate gatherings and large-scale events. Additional amenities include a private dining room that also serves as a meeting room or deluxe bridal suite accommodating approximately 40-80 guests, an inviting front lobby with a portable bar and seating area, coat room, central sound system, private staff accommodations, and a dedicated laundry room. The property is fully equipped for efficient operations with a full commercial kitchen, walk-in cooler, walk-in freezer, active liquor license, compliant septic system, state-of-the-art fire sprinkler system with a dedicated water reservoir, and a parking area accommodating approximately 200 vehicles. The women's restroom features a private suite, providing added convenience for wedding parties and special events. Conveniently located just off U.S. Highway 169, the venue has earned an outstanding reputation for hosting weddings, corporate events, fundraisers, banquets, celebrations, and community gatherings, supported by a successful in-house catering operation and multiple revenue streams. This rare offering includes the real estate, established business, furniture, fixtures, equipment (FF&E), and goodwill, providing a true turnkey opportunity for hospitality operators, investors, or entrepreneurs seeking one of Central Minnesota's premier event destinations. Financial information is available to qualified buyers upon execution of a confidentiality agreement. Existing event bookings may be transferable to the Buyer, providing the opportunity for immediate future revenue. An interactive 3D Matterport® tour is available with the listing, providing prospective buyers with a comprehensive virtual walkthrough of the property's layout, event spaces, and operational areas.
Details
| MLS # | 7078341 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2006 |
| Days On Site | 37 |
| Listing Provided By | Century 21 Moline Realty Inc | Carrie L Gibbs |
Features
| SQ Feet | 13,000 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | Business/Commercial |
| Acreage | 5.02 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Zoned |
| Appliances | Air-To-Air Exchanger, Cooktop, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned |
Exterior
| Roof | Asphalt, Pitched |
|---|
Parking
| Parking Features | Gravel |
|---|
Utilities
| Utilities | Electric Common, Heating Common, Hot Water Common |
|---|
Taxes
| Property | 14517 |
|---|
Area Information
| State | MN |
|---|---|
| County | Mille Lacs |
| City | Milaca |
| Zip Code | 56353 |
| School District | 912 |
| High School | Milaca |
| Listing VS Median (in 56353) | |
Price: $1,499,000 low | high Med: $330,000 sqft: 13,000 low | high Med: 2,238 $ / sqft: $115 low | high Med: $148 On site: 37 low | high Med: 65.5 | |
Market Activity 56353
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Mille Lacs |
| City | Milaca |
| Zip Code | 56353 |
| School District | 912 |
| High School | Milaca |
| Listing VS Median (in 56353) | |
Price: $1,499,000 low | high Med: $330,000 sqft: 13,000 low | high Med: 2,238 $ / sqft: $115 low | high Med: $148 On site: 37 low | high Med: 65.5 | |