1501 E College Drive, Marshall, Minnesota 56258

MN, Marshall
$1,215,000
  • 2 Bath
  • Commercial Sale Property Type
  • 1972 Year Built
  • Active Status
See All 27 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Don’t miss this rare opportunity to own a fully operational, turn-key diner in a high-traffic, high-visibility location in the heart of Marshall! This beloved eatery has been serving loyal customers for years, including locals, commuters and college students! The business is fully furnished, and the atmosphere is cozy and clean. Space has been allocated for the future addition of a drive-through. Whether you’re looking to expand your business, cater or have another business idea entirely, this is the perfect space for your next venture. Bonus is that the buyer will receive the menu and recipes from Mike’s Cafe, offering a part of two popular businesses with this sale!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6766738
  • Price: $1,215,000
  • Year Built: 1972
  • Listing Status: Active
  • Office Name: Marshall Area Homes
  • Roof: Age 8 Years or Less
Features
  • Heating System Forced Air
  • Cooling System Dual
  • Parking Parking Lot
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Exterior Features Stone,Vinyl,Block
  • Flooring Tile,See Remarks
  • Sewer City Sewer/Connected
Appliances
  • Dishwasher
  • Exhaust Fan
  • Freezer
  • Refrigerator
  • Gas Water Heater
  • Stainless Steel Appliances
  • Indoor Grill
Address Map
  • Country US
  • State MN
  • County Lyon
  • City Marshall
  • Zipcode 56258
  • Street: College
  • Street Number: 1501
  • Street Suffix: Drive
  • Longitude: W96° 14' 21.5''
  • Latitude: N44° 27' 3.9''
  • Directions: E College Dr, next to The Mattress Barn
  • Street Dir Prefix: E
Neighborhood
  • High School District: Marshall
MLS Addon
  • Office Name: Marshall Area Homes
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None,Accessible Elevator Installed,Other
  • Building Size: 4702
  • Construction Materials: Block,Brick
  • Current Use: Commercial,Restaurant
  • Foundation Details: Concrete Perimeter
  • Levels: One
  • Lot Size Dimensions: 50000
  • Number Of Units Total: 1
  • Possible Use: Restaurant
Financial
  • Tax Annual Amount: 12362.63
Listing Information
  • Co List Agent Mls Id: 506560363
  • Co List Office Mls Id: 27160
  • Co List Office Name: Marshall Area Homes
  • List Agent Mls Id: 506560257
  • List Office Mls Id: 27160
  • Modification Timestamp: 2026-08-06T15:50:06Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$