130-1 Lake Avenue N, Spicer, MN 56288

$795,000
3
BD
5
BA
12,640
SqFt

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Sold Price
$795,000
List Price
$847,000
Closing Date
Apr 15, 2026
MLS#
7010697
Status
CLOSED
Type
Multifamily
Style
(MF) Apartments
Bedrooms
3
Bathrooms
5
Living Area
12,640
Acres
0.32
Year Built
1956

Property Description

LOCATION LOCATION LOCATION!!! Rare opportunity to own some Prime Real Estate in Downtown Spicer across from GREEN LAKE! Multi-Purpose Building! Renovate the upper level to include Luxury Condos or create your own Home with fabulous Lake Views! Currently the main level of the building hosts a successful boutique and has plenty of square footage for other retail shops along with potentially a coffee shop, restaurant, fitness/yoga space and much more -- the possibilities are endless! With 3 separate entrances for the existing 3 different suite areas along with separate bathrooms etc - and plenty of storage - this is all set up for your business & tenants -- and it could easily have 1-2 more Main Floor suites added. OR completely transform this Entire property into spacious Downtown Condos for a variety of occupants or possibly a Bed & Breakfast. Bring your imagination & transform this property into something special in the town of Spicer! Open your new business, expand your existing one or use this as an income-producing property. Building/Land for sale only; current occupant open to renting space. UPDATES to main floor since 2018 include: adding a south side entrance, 3 new bathrooms, new flooring, move in ready coffee shop/small restaurant (with new windows & restaurant tile flooring in back area) , sheet rocked the entire ceiling for fire code, new lighting, new kitchenette in back room, updated the exterior with paint, new roof & more. Give us a call for more info! Contact City of Spicer for Zoning info.

Additional Information

School District
New London-Spicer
Tax Year
2025
Waterfront Features
Lake View
Fuel
Natural Gas
Water Body Name
Green
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Heating
Forced Air
Water
City Water/Connected
Basement
Partial, Sump Pump, Unfinished
Parking
Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Jane Vikse Real Estate.

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