10376 112th Avenue, Milaca, MN 56353 (MLS# 7078341)

10376 112th Avenue, Milaca, MN 56353

$1,499,000

Virtual Tour

https://my.matterport.com/show/?m=n8bXuZjQNxv&mls=1

Property Type: Commercial Square Footage: 13,000 Lot Size (sq. ft.): 218,671 Status: Active

Current Price: $1,499,000 List Date: 7/17/2026 Last Modified: 7/24/2026

Overview

Description

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 d ... (Read more) 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.

Listing Details MLS# 7078341

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 200
Owner Occupied: Yes
Waterfront YN: No
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 13000
For Sale or Lease: For Sale
Acres: 5.02
Lot Dimensions: 540x448x470x335x69x113
Assessment Pending: No

Property Features

Accessible: Fully Wheelchair Air Conditioning: Central Air Amenities Unit: Indoor Sprinklers; Security Lights; Security System; Tile Floors Appliances: Air-To-Air Exchanger; Cooktop; Double Oven; Dryer; Microwave; Range; Refrigerator; Washer Basement: None CMU Style: Business Opportunity; Freestanding; Other Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Freezer; Ice Machine; Other; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table Construction Status: Previously Owned Current Use: Event Space; Food Service Exterior: Brick/Stone; Wood Flooring: Carpet; Concrete Slab; Floor Drains; Heavy Duty; Tile; Vinyl/Linoleum Foundation: Slab Fuel: Natural Gas Heating: Forced Air; Zoned Internet Options: DSL Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Miscellaneous Information: 2+ Lavatories; Alarms; Delivery Door; Exterior Lighting; Kitchen Facilities; Overhead Doors; Pole Sign; Three Phase On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Gravel Lot Road Frontage: Highway Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sewer: Private Sewer; Septic System Compliant - Yes Stories: One Topography: Level Wall Description: Drywall; Finished Water: Drilled; Well

Contract Information

Contingency: None
ListPrice: 1499000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 10376
Street Name: 112th
Street Suffix: Avenue
Postal City: Milaca
County: Mille Lacs
State: MN
Zip Code: 56353

Assessments

Assessment Balance: 176.5
Tax With Assessments: 14694

Basement

Foundation Dimensions: 160x82

More Information

Building Information

Building Finished SqFt: 13000
Building SqFt: 13000

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 27
Section#: 13
Township#: 37

Sale Options

Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Land

Unit Details

Total Units: Yes

Listing Office: Century 21 Moline Realty Inc

Last Updated: July - 24 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

10376 112th Avenue, Milaca, MN 56353 (MLS# 7078341)