10376 112th Avenue
Milaca, MN, 56353 $ 1,499,000
Bedrooms-- Baths-- Sq 13,000 Monthly Estimate*
$ 10,353
for $1,499,000. This 13,000 square foot building was built in 2006 on a lot size of 5.02.
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.
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FeaturesGeneralSewer Private Sewer Septic System Compliant - Yes
Heating Forced Air Zoned
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Asphalt Pitched
Appliances Air-To-Air Exchanger Cooktop Double Oven Dryer Exhaust Fan Gas Water Heater Microwave Range Refrigerator Stainless Steel Appliances Washer Water Softener Owned
Garage Spaces 0
Year Built 2006
Topography Level
Levels One
Tax Year 2026
Current Use Event Space Food Service
Accessibility Fully Wheelchair
County Mille Lacs
New Construction N
Property Type Commercial Sale
Contingency None
Directions Hwy 169 north to property on east side of highway and just south of Milaca.
City Milaca
High School District Milaca
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 14517.5
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=n8bXuZjQNxv&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Indoor Sprinklers Security System Security Lights Tile Floors
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InteriorBasement None
Basement (Y/N) N
Foundation Dimensions 160x82
Fuel Natural Gas
Garage Square Feet 0
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ExteriorParking Features Gravel
Water Source Drilled Well
Inclusions Building Business Assets Business Fixture/Equipment Land
Lot Size Area 5.02
Building Area Total 13000
Lot Dimensions 540x448x470x335x69x113
Waterfront Y/N N
Foundation Area 13000
Road Frontage Type Highway
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByCentury 21 Moline Realty IncBroker
carrie@century21moline.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $10,353
- Monthly Property Taxes
- $1,210
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Milaca, MN
Average List Price $688,780
Percent of Sale Price 54%
About Milaca, MN 2,958 Population
16% Since 2002
$ 42,440 Median Income
39.52 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
708408 Elementary School
708418 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/17/2026 | $1,499,000 | | Listed Price |