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    110 Coffee St Lanesboro, MN 55949

    Sponsored
    For Sale
    $325,000

    Downtown Lanesboro, MN - Investment Opportunity

    Property size:
    2,350 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 110 Coffee Street in the charming downtown Lanesboro, Minnesota, presents a unique investment opportunity. Boasting 2,350 square feet on a 0.06-acre lot, this building benefits from its prime location in a high-traffic area, close to the scenic State Bike Trail and the Root River, ensuring high visibility and accessibility. The main floor is currently generating rental income, providing immediate return on investment. The second level offers versatile space, including two bedrooms, two dens, a pantry, a three-quarter bathroom, and a comfortable living room. Recent improvements enhance the property's appeal and functionality. The front of the building has undergone a complete renovation, while a covered deck in the rear provides an outdoor amenity. A newer roof ensures long-term protection, and a fenced area offers privacy and security. The property's proximity to recreational attractions and its adaptable layout make it suitable for a variety of commercial uses, from retail to office space, or a mixed-use development. The unlimited potential of this property makes it an attractive investment for discerning buyers seeking a strong return in a desirable location. The combination of existing rental income and the potential for future development makes this a truly compelling opportunity. This property is priced at $325,000.

    Property Features for 110 Coffee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,350 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lanesboro
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.97634
    Latitude
    43.72224

    Nearby Comparable

    • $325,000
      2,400 SF

      Lanesboro Commercial Building - High Traffic

      Prime Lanesboro location, versatile space, high traffic area.
      108 Coffee St, Lanesboro, MN 55949
      View Details
    • Contact for pricing
      2,000 SF

      Lanesboro Wine Bar & Restaurant

      Turnkey Business, Scenic Location
      102 Coffee St, Lanesboro, MN 55949
      View Details
    • $94,000

      Scenic Building Acreage Near Root River

      Building acreage near Root River with CRP income potential.
      Tbd State Highway16, Lanesboro, MN 55949
      View Details

    Nearby Similar for Sale

    • $325,000
      2,400 SF

      Lanesboro Commercial Building - High Traffic

      Prime Lanesboro location, versatile space, high traffic area.
      108 Coffee St, Lanesboro, MN 55949
      View Details
    • Contact for pricing
      2,000 SF

      Lanesboro Wine Bar & Restaurant

      Turnkey Business, Scenic Location
      102 Coffee St, Lanesboro, MN 55949
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Downtown Lanesboro, MN - Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 110 Coffee St Lanesboro, MN.
    What is the asking price?
    The asking price for this property is $325,000.
    (507) 282-1700
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    110 Coffee St Lanesboro, MN 55949
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    Lanesboro, MN 55949
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    110 Coffee St Lanesboro, MN 55949
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