Courtesy: Premier Real Estate Services
320-259-4554
Excellent mixed-use investment opportunity in a high-visibility corner location in Milaca! This versatile property combines an established residential income stream with flexible commercial space, offering investors multiple ways to maximize the property’s potential. The residential portion features 6 apartments—four 1-bedroom units and two efficiency units—with all six currently leased, providing immediate rental income and an established tenant base. The main-level commercial space has most recently operated as a restaurant and offers excellent visibility and exposure from its prominent corner location. The space provides flexibility for an owner-user or future tenant and could potentially be converted to office, retail, service, or other commercial uses, subject to zoning and applicable approvals. The combination of fully leased residential units and adaptable commercial space creates an attractive opportunity for investors seeking diversified income within a single property. An owner-user could also explore utilizing the commercial portion while retaining the residential units as an income-producing component. With its prominent location, existing rental income, and flexible commercial footprint, this property offers a variety of possibilities for an investor looking to acquire a mixed-use asset with potential for continued income and future value enhancement. Bring your vision and take advantage of the possibilities this property has to offer!
Courtesy: Century 21 Moline Realty Inc
763-689-3593
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.
Courtesy: Keller Williams Premier Realty Lake Minnetonka
952-475-0111
Position your business for growth in this well-maintained industrial facility located in the Milaca Industrial Park, a strategic Central Minnesota location with convenient access to U.S. Highway 169 and Highway 23. Designed for manufacturing, fabrication, warehousing, and distribution, this property offers an excellent combination of functional warehouse space, quality office finishes, and heavy industrial infrastructure. Situated on a 2.55-acre site, the property features a 15,600-square-foot building comprised of approximately 12,100 square feet of warehouse space and 3,500 square feet of finished office space, including a spacious employee breakroom. The warehouse offers 10' to 14' clear ceiling heights, one grade-level overhead door, two dock-high loading doors, and a distributed compressed air system, providing efficient operations for a variety of industrial users. The building is equipped with 1,200-amp, three-phase electrical service, a fire sprinkler system, air-conditioned office space, and a newer roof, offering reliable infrastructure for today's manufacturing and distribution requirements. Zoned I-1 Industrial, the property supports a wide range of industrial uses. Located in Milaca's business-friendly industrial park, this facility combines affordable operating costs with excellent regional highway access, making it an outstanding opportunity for companies seeking a functional industrial building with room to grow.
Courtesy: Keller Williams Premier Realty Lake Minnetonka
952-475-0111
This well-maintained industrial facility features a combination of functional space and modern amenities. It includes 12' high drive-in doors at each end, allowing for drive through access. The driveway is concrete construction. Inside, the property boasts nicely appointed office space with a kitchenette and restroom. The warehouse includes electric boiler for in-floor heating and a trench drain running the length of the building, ideal for a variety of industrial uses. Security cameras are installed throughout the building, enhancing site safety. The facility is powered by 3 - 200 AMP electrical panel, suitable for a wide range of industrial operations. Washer and dryer hook ups. Strategically located within Milaca's Industrial Park, the property offers excellent connectivity - just off State Highway 169, 40 miles north of I-94, and 30 miles northeast of St. Cloud. Suitable for manufacturing, warehousing, or even secure storage of valuable possessions, this versatile property is an ideal hub for regional distribution or specialized operations.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Milaca is located in Minnesota. Milaca, Minnesota has a population of 3,017. Milaca is less family-centric than the surrounding county with 16.09% of the households containing married families with children. The county average for households married with children is 23.47%.
The median household income in Milaca, Minnesota is $44,804. The median household income for the surrounding county is $61,995 compared to the national median of $69,021. The median age of people living in Milaca is 43.3 years.
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 0.8 degrees. The average rainfall is approximately 29.9 inches per year, with 44.8 inches of snow per year.
