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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
26372879
26372886

1501 E College Dr, Marshall, MN 56258 For Sale

SM
MN MN 40039796
Marshall Area Homes
Listed by Marshall Area Homes
$1,225,000
338 days on market
Updated 53 days ago
Opportunity zone

Marshall Eatery

Details
Property Type Business for Sale, Hospitality
Sub Type Business and Building, Small event space
Square Footage 4,702
Units 50
Occupancy 100%
Year Built 1972
Year Renovated 2018, 2021
Buildings 1
Stories 1
Lot Size (SqFt) 5,000
Zoning Commercial
Parking Spaces 50 spaces
Parking per 1,000 SqFt 10.63
Investment Type Owner/User
Occupancy Date 09/05/2025
Ground Lease No

Business for Sale | 4,702 SqFt

Marketing 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!

Investment highlights

Sale includes: Building, Fixture/Equipment, Inventory, LandCom Kit Ament:Fryer, Grill, Oven, Prep Station, Refrigerator, Shelving and Racks, Walk-In Cooler/FreezerAppliances: Dishwasher, Exhaust Fan/Hood, Freezer, Gas Water Heater, Indoor Grill, Refrigerator, Stainless Steel Appliances

The property was renovated in 2018 (booths, flooring) and new bathrooms and new main plumbing line in 2021.

Listing Contacts

SM
MN MN 40039796
Marshall Area Homes
Listed by Marshall Area Homes

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Additional Information

Name
Cheri Ziemer
License
40454669
Brokerage
Marshall Area HOmes
Brokerage Phone
507-476-0549
Title
Broker of Record
Brokerage Address
1404 E Lyon St Marshall, MN 56258
Name
Sherry Mathiowetz
License
MN 40039796
Brokerage
Marshall Area Homes
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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