101 Parkway Avenue N Lanesboro, MN ^$ 700,000

101 Parkway Avenue N

^$ 700,000

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101 Parkway Avenue N

Lanesboro, MN, 55949

^$ 700,000

Bedrooms-- Baths0.0 Sq 6,000

Monthly Estimate*

^$ 4,367

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Commercial Property for sale in Lanesboro, MN

for $700,000. This 6,000 square foot building was built in 1872 on a lot size of 0.1 Acre(s).

Rare turnkey business opportunity to own Lanesboro's first B&B which is centrally located in the heart of historic downtown, overlooking the Root River and on the 65-mile trail system. A beautiful and newly remodeled building including 10 gorgeous guest rooms each with private baths. This incredible investment property also has great growth potential for a restaurant or lease space for additional income.

Commercial Active

Price

^$ 700,000

Property Type

Commercial

Taxes

^$ 6,396

Lot Size

0.1 Acre(s)

Year Built

1872

Town/City

Lanesboro

County/Region

Fillmore

MLS | Web ID

6328411

Features

Interior

Basement Partial Basement Partially Finished Stone Sump Pump in Basement Walk-Out

Cooling System Central Air

Heating Source Hot Water

Heating System Common Forced Air

Interior Ceiling Fans

Sewer City Sewer

Water Source City Water

Exterior

Construction Block Brick/Stone

Exterior Deck Patio

Land Improvements Curbs Sidewalks

Lot Description Irregular Lot

Parking 1-20 Open Parking Spaces Open Parking

Road Frontage City Street Paved

Roof Rubber

Waterfront Description River

Miscellaneous

Commercial Inventory Included Sale Includes Building Sale Includes Business Sale Includes Fixture/Equip Sale Includes Land

Other License

Utilities Electric

* Excluded Features

List By

Exp Realty

Broker

cfteam@chrisfritchteam.com

Affordability Calculator

$4,900

Per Month

Monthly Principal & Interest: $4,367
Monthly Property Taxes: $533
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Commerical listings in Lanesboro, MN

Average List Price ^$433,333

Percent of Sale Price 38%

About Lanesboro, MN

716 Population

-8% Since 2002

^$51,719 Median Income

50.6 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Lanesboro School District

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101 Parkway Avenue N, Lanesboro, MN, 55949 is a Commercial Property for sale at $700,000 with 6,000 sqft and a lot size of 0.1 Acre(s). 101 Parkway Avenue N has 0.0 baths and was built in 1872. The property's zip code is 55949 which is in Lanesboro, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/24/2023.

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101 Parkway Avenue N

Commercial Property for sale in Lanesboro, MN

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