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The Land Restaurant 15455 Old Mill Rd

10,760 SF 100% Leased Retail Building Spicer, MN 56288 $875,000 ($81/SF)

Investment Highlights

  • - 10,760 SF building ideal for retail/restaurant investment
  • - Zoned C-I Commercial/Industrial, providing versatile usage options
  • - Reception Venue: 5,140 sq. ft. with bar, prep area, and 2 restrooms.
  • - Built in 1980, offering a solid foundation for your business
  • New Roofs: Steel roofs recently installed on buildings.
  • Restaurant: 2,620 sq. ft., recently remodeled with a full kitchen, bar, and restrooms.

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,760 SF
Building Class
B
Year Built
1980
Price
$875,000
Price Per SF
$81
Percent Leased
100%
Building Height
1 Story
Building FAR
0.01
Lot Size
16.59 AC
Zoning
Commercial

About 15455 Old Mill Rd , Spicer, MN 56288

Discover the perfect blend of high visibility, prime location, and tranquil surroundings at this versatile property in Spicer, MN. Situated directly across from the renowned Little Crow Golf Resort and just off Highway 23—where over 9,600 vehicles pass daily—this location offers unparalleled exposure to both travelers and locals. Nestled between Green Lake and Nest Lake, each just 1,000 feet away, the property provides a serene lake-country atmosphere while maintaining easy accessibility. Only minutes from Spicer’s charming town center and a short drive to New London, it’s surrounded by vibrant shops, restaurants, and amenities. Whether you envision a commercial venture, residential development, or mixed-use opportunity, this property combines natural beauty with unmatched potential. Don’t miss your chance to secure a spot in one of Minnesota’s most desirable lake-country corridors! PROPERTY DETAILS & HIGHLIGHTS - 10,760 SF building ideal for retail/restaurant investment - Built in 1980, offering a solid foundation for your business - Zoned C-I Commercial/Industrial, providing versatile usage options - Prime location in the Spicer/New London area - Ample space to accommodate your business vision - Prime Exposure: Across from Little Crow Golf Resort - High Traffic: Off Highway 23, 9,669 daily vehicles - Serene Setting: Near Green Lake and Nest Lake - Close Proximity: Minutes from Spicer and New London - Versatile Potential: Ideal for business or residential - Vibrant Amenities: Surrounded by shops and restaurants - Exceptional Location: Combines beauty with accessibility - Reception Venue: 5,140 sq. ft. with bar, prep area, and 2 restrooms. - New Roofs: Steel roofs recently installed on buildings. - House: 3,000 sq. ft. with water damage repairs underway. - Restaurant: 2,620 sq. ft., recently remodeled with a full kitchen, bar, and restrooms. - Apple Orchard: Spanning 6 acres. - Potential: Excellent property for horse enthusiasts.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-022-0112
Land Assessment
$99,400
Improvements Assessment
$174,200
Total Assessment
$273,600
  • Listing ID: 34033605

  • Date on Market: 11/29/2024

  • Last Updated:

  • Address: 15455 Old Mill Rd, Spicer, MN 56288

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