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Boathouse 406 9th St NE 4,564 SF Retail Building Waseca, MN 56093 $675,000 ($147.90/SF)
Investment Highlights
- 130 feet of direct lakeshore frontage with dock access and 22 boat slips.
- Located in a quiet neighborhood with strong regional draw for dining and events.
- Established operation with a loyal customer base and 17-year community presence.
- Two full-service bars and a well-equipped commercial kitchen on-site.
Executive Summary
Now available for purchase, this fully operational lakeside restaurant and bar presents a rare owner-user investment opportunity in Waseca, Minnesota. Positioned directly along 130 feet of stunning lakeshore frontage, the property combines a unique setting with a proven business model. Featuring a spacious interior with ample seating, a full-service kitchen, and dual bars on two levels, the establishment has been thoughtfully designed for functionality and guest comfort.
The property’s outdoor patio and included 22 boat slips add unmatched seasonal appeal, making it a renowned destination for casual dining, boating patrons, and community gatherings. With 17 years of operating history, loyal clientele, and city-backed real estate sale terms, this asset delivers both immediate revenue continuity and long-term value. Ideal for restaurateurs or investors seeking a turnkey hospitality operation in a scenic, established lakeside location.
The property’s outdoor patio and included 22 boat slips add unmatched seasonal appeal, making it a renowned destination for casual dining, boating patrons, and community gatherings. With 17 years of operating history, loyal clientele, and city-backed real estate sale terms, this asset delivers both immediate revenue continuity and long-term value. Ideal for restaurateurs or investors seeking a turnkey hospitality operation in a scenic, established lakeside location.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,564 SF
Building Class
C
Year Built/Renovated
1908/2006
Price
$675,000
Price Per SF
$147.90
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.21 AC
Zoning
B-2 - Community Retail & Service Business
About 406 9TH ST NE , WASECA, MN 56093
The building occupies 0.21 acres and has been extensively renovated, offering an efficient layout and modernized systems while maintaining its historic character. Interior amenities include an upstairs bar, primary dining area, and commercial kitchen facilities. A lower-level service area provides additional storage and refrigeration with direct access for operations. Surface parking and street access support convenience for guests. The property’s lakeshore placement ensures a steady draw from local traffic and recreational visitors, enhancing revenue opportunities during peak seasons.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 17.900.0040 | Improvements Assessment | $0 |
| Land Assessment | $130,400 | Total Assessment | $130,400 |
Property Taxes
Parcel Number
17.900.0040
Land Assessment
$130,400
Improvements Assessment
$0
Total Assessment
$130,400
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Contact the Sale Advisor
Boathouse | 406 9th St NE