Listed by NAI North Star
Unpriced
803 Main St S
Details
Property Type Retail, Hospitality
Sub Type Restaurant, Hotel
Square Footage 6,056
Units 5
Lease Expiration 12/30/2026
Year Built 2003
Acreage 0.869
Investment Type Core
Retail | 6,056 SqFt
Marketing description
The Landing on Madison presents a rare opportunity to acquire a thriving lakeside hospitality business and real estate package in the heart of southern Minnesota’s lake country. Perfectly positioned on the shores of Madison Lake, this established bar, grill, and entertainment venue is a local favorite, renowned for its relaxed, welcoming atmosphere and spectacular sunset views. The Landing’s 3,000-square-foot lakeside deck is a hub for outdoor dining, live music, and vibrant summer gatherings, while the full-service bar and kitchen offer American comfort food with a creative twist. Guests arrive by boat or car, enjoying amenities such as boat/pontoon slip rentals, non-oxy boat fuel, and a lively outdoor tiki bar. The business is open year-round, capitalizing on both the bustling summer boating season and the winter months with ice fishing events, snowmobiling, and community festivities.
Included in the offering are four well-appointed condo rentals, providing sought-after short-term accommodations for vacationers, event-goers, and outdoor enthusiasts. Madison Lake is a regional tourism destination, drawing thousands annually for boating, fishing, and lakeside recreation, as well as popular events like Paddlefish Days and the Big Bobber Ice Fishing Tournament. The Landing’s unique combination of waterfront dining, entertainment, and lodging ensures multiple revenue streams and a loyal customer base. With its strong local reputation, year-round activity, and prime location just a short drive from Mankato and the Twin Cities, The Landing on Madison stands out as a turnkey investment for buyers seeking a proven, profitable business and exceptional lakeshore real estate
Madison Lake is a vibrant destination known for its abundant recreational opportunities drawing visitors for boating, fishing, and lakeside relaxation from mid-June through early September. The city itself is experiencing steady growth and a high median household income, reflecting both a strong local community and a desirable visitor demographic. The area’s popularity is further boosted by annual events like Paddlefish Days, LureFest, and Ice Fest, which attract significant crowds and highlight the region’s festive spirit. Surrounded by more than 50 lakes in the southern Minnesota lakes region, Madison Lake is a hub for both regional tourism and outdoor enthusiasts. This exceptional waterfront community offers unmatched visibility and accessibility for boaters and travelers alike, making it an ideal spot for a thriving hospitality business catering to both locals and the steady stream of summer tourists.
Investment highlights
- Sale Price: Upon Signed NDA
- Prime lakeshore location with boat-up access on popular Madison Lake.
- Year-round bar, restaurant, plus 4 furnished condos.
- Large 3,000 sq. ft. deck and outdoor tiki bar for dining and events.
- Strong customer base from boaters, tourists, and winter residents.
- Turnkey, profitable operation with growth potential.
- Rare all-in-one hospitality and lodging opportunity near Mankato.
- Prime location on popular Madison Lake, attracting thousands of visitors yearly.
- Growing community with strong local demand and high median income.
- Tourism boosted by major fishing events and seasonal festivals.
- Easy boat access with slips and rentals for a true lakeside experience.
Listing Contacts
Listed by NAI North Star
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