106 Parkway Avenue S, Lanesboro, 55949

Commercial Sale - Apartment For Sale in Lanesboro Original


MLS® #: 5735442
Active, 17 Days on Market

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® #: 5735442
Price: $535,000
Acres: 0.16
Year Built: 1888
Type: Commercial Sale
Sub-Type: Apartment
Style: Apartment
Status: Active

Community Information

Address: 106 Parkway Avenue S
Subdivision: Lanesboro Original
City: Lanesboro
County: Fillmore
State: MN
Zip Code: 55949


Amenities: Common Garden,Deck,Patio,Tennis Courts
Garages: Detached,Heated Garage,Insulated Garage
View: River
Waterfront: River View


Appliances: Range,Microwave,Dishwasher,Refrigerator,Washer,Dryer
Heating: Forced Air
Cooling: Window Unit(s),Central Air


Roof: Asphalt,Age Over 8 Years
Construction: Wood Siding

Additional Information

Days on Market: 17
Zoning: Business/Commercial

Listing Details

Listing Office: eXp Realty

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 April 23rd, 2021 at 6:35am CDT.