600 Walnut, Madison Lake, MN 56063

$699,000

Property Description

"The Market" in Madison Lake has been one owner for nearly forty years under current ownership and has led them into retirement. This convenient "super ed" store has 24 hr gas and is conveniently located on HWY 60, a main route in the City. The building has a total of 5,000 sq. ft. +/-. with approximately 1,000 sq./ft. currently used for storage, which allows for a new owner for upside by capitalizing on the space in leasing out for additional income or converting to a much needed laundromat for the city of Madison Lake. Madison Lake is 10 miles east of Mankato in south central Minnesota in the county of Blue Earth. It is one of the more popular lakes in southern Minnesota with over 1,400 acres and known for its Walleye population. The city is surrounded with over ten lakes making Madison Lake THE hub for lake entertainment. Madison Lake has been experiencing a population growth resulting in a rise on residential development.

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Listing courtesy of Re/Max Dynamic Agents.