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Lanesboro, MN Apartment Buildings for Sale

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Renovated 10-Unit Apartment Building
Updated: Apr 15
Renovated 10-Unit Apartment Building

505 PKWY AVE S, Lanesboro, MN 55949

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7,210 sqft
10‑unit apartment building in Lanesboro, MN, fully renovated and converted from its original use as a church
Year built 1890
All major systems and finishes have been replaced for a like‑new condition throughout
Includes three short‑term rental units currently operating as Airbnb accommodations
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lanesboro, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Downtown Mixed-Use Investment Property
Downtown Mixed-Use Investment Property

423 Main St, La Crosse, WI 54601

$1,150,000
9,000 sqft 0.12 AC lot

Historic mixed-use buildings built in 1880 offer leased street-level storefronts and 4 leased apartments.

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Turnkey Six-Unit Apartment Building
Turnkey Six-Unit Apartment Building

415 Market Street, La Crosse, WI 54601

$900,000
3,484 sqft

Fully occupied six-unit building with remodeled, furnished apartments and utility-inclusive amenities.

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Apartment Building with Historic Details
Apartment Building with Historic Details

730 5th St SW, Rochester, MN 55902

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12,668 sqft

Classic studio, one-, and two-bedroom units with original architectural features, positioned near major medical employers.

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Downtown Rochester Redevelopment Opportunity
Downtown Rochester Redevelopment Opportunity

323 S Broadway Ave, Rochester, MN

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29,108 sqft 0.07 AC lot

Prime location near Mayo Clinic and University of Minnesota Rochester.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Lanesboro, MN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lanesboro, MN on our real estate platform. These investment opportunities span a total of 7,210 square feet of properties for sale.

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Demographics Overview

Population 1,918
Population Growth (5Y) +11.1%
Median Household Income $80,357
College Educated 49.3%

Taxes & Financing

Tax Rate (average for all types) 2.16%
Property Tax per SF $2.12 per SF
Tax Rate vs County Average 0.26 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Fillmore County

New Delisted

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