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    108 Coffee St Lanesboro, MN 55949

    Sponsored
    For Sale
    $325,000

    Prime Lanesboro location, versatile space, high traffic area.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This expansive 2,400 square foot commercial building presents a unique investment opportunity in the charming town of Lanesboro, Minnesota. Situated on a 0.06-acre lot on a high-traffic street, this property enjoys excellent visibility and accessibility. Its strategic location near the State Bike Trail and Root River provides significant potential for attracting customers and tourists. The building's versatile layout includes a spacious open area currently used for pool tables, offering ample room for customization to suit a variety of commercial uses. A built-in bar area adds further potential for a restaurant or bar concept. A rear shop provides additional space for storage, workshop, or expansion. A loft area is ideal for office space, providing a separate area for administrative functions or private offices. The possibilities are truly endless, making this property suitable for retail, restaurant, bar, or office uses. The building is being sold separately and is priced at $325,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location with high growth potential. The building's size and layout offer flexibility for a wide range of businesses, making it an attractive investment for entrepreneurs and business owners alike. Don't miss this chance to own a piece of Lanesboro's vibrant commercial landscape.

    Property Features for 108 Coffee St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,400 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1947
    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
    -91.97645
    Latitude
    43.72221

    Nearby Comparable

    • $325,000
      2,350 SF

      Lanesboro Commercial Building - High Traffic Area

      Downtown Lanesboro, MN - Investment Opportunity
      110 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
      2,350 SF

      Lanesboro Commercial Building - High Traffic Area

      Downtown Lanesboro, MN - Investment Opportunity
      110 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 - Prime Lanesboro location, versatile space, high traffic area.
    Where is this commercial real estate located?
    The property is located at 108 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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    108 Coffee St 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
    108 Coffee St Lanesboro, MN 55949
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