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  • 106 Parkway Avenue S

  • Lanesboro, MN 55949
  • Neighborhood: Lanesboro Original
  • $575,000
  • MLS® #: 5492174
  • Year Built: 1888
  • Days Listed: 479
Commercial Sale property for sale in Lanesboro, MN at 106 Parkway Avenue S. This property is priced at $3,593,750/acre.

Description of 106 Parkway Avenue S, Lanesboro, MN 55949 - $575,000

Turnkey business opportunity at hotel in Historical District of Lanesboro This immaculate inn is the only hillside retreat in the heart of town, frequently recognized as a most beautiful small town. It offers a total of 9 units of various size & stunning on-site family residence. Completely renovated w/gorgeous updates, the inn features 5 private room & 4 apartments –advantageous when many other lodging options can only offer rooms with 1 bed. Located across from the Root River Trail w/65 miles of biking, x country skiing, canoeing & fishing. Guests enjoy peace & breathtaking views, all within walking distance of the arts, fine eateries, shops & more. The tiered hill offers more green space than any other lodging option in town, perfect for horseshoes, bag toss, or just a relaxing by the firepit. This hotel also offers significant growth opportunity to new owners, including a full bed and breakfast license not utilized but option is there.

Essential Information

  • MLS® #5492174
  • Price$575,000
  • Acres0.16
  • Year Built1888
  • TypeCommercial Sale
  • Sub-TypeMixed Use
  • StyleMixed Use
  • StatusActive

Amenities

Deck,Patio,Tennis Courts,Common Garden

Appliances

Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer

Community Information

  • Address106 Parkway Avenue S
  • SubdivisionLanesboro Original
  • CityLanesboro
  • CountyFillmore
  • StateMN
  • Zip Code55949

Garages

Detached,Insulated Garage,Heated Garage

Exterior

  • RoofAsphalt,Age Over 8 Years
  • ConstructionWood Siding

Amenities

  • ViewRiver
  • WaterfrontRiver View

Interior

  • HeatingForced Air
  • CoolingWindow Unit(s),Central Air

Additional Information

  • Listing OfficeKeller Williams Classic Realty
  • Days on Market479
  • ZoningBusiness/Commercial

Kris LindahlREALTOR®

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on December 4th, 2020 at 8:20am CST.