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Turnkey Bike Shop and Retail
For Sale
$725,000

105 Coffee St, Lanesboro, MN 55949

Turnkey bike shop property with established repairs and rentals near the Root River trail system.

Property SizeContact for details
Days on Market116

Property Features for 105 Coffee St

General Information

Standard status Active

Additional Details

Business Included Yes

Building Details

Year Built 1895
Listing Agency: RE/MAX Results
Listed By: John T Nelson · License #40419798
Source: Exprealty
Added: May 1 Changed: Jul 10 Last Checked: Aug 24 at 1:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results

Investment Insights

Based on property information with market context.

This turnkey bike shop and commercial property offers both real estate and an established operating business, along with fixtures, inventory, and intangible assets. The building features a brick exterior and is set up to support full-service bicycle sales and repair, bicycle rentals for riders of all experience levels, and tube rentals for Root River recreation. With a history dating to 1895, the property also includes on-site training and transition support to help carry the operation forward.

Located in downtown Lanesboro, MN, the shop is positioned near the Root River trail system. The area draws visitors for outdoor recreation, including cyclists and travelers using the paved trail that passes through forested bluffs, limestone outcrops, and spring-fed streams. The property includes parking and is noted as accessible.

For an owner-operator or business buyer looking to combine a retail storefront with service capability, the current configuration supports both sales and repair and rental-driven demand tied to the trail. The included business components—fixtures, inventory, and training support—are intended to make the transition practical for an incoming operator who wants to serve visitors in a recreation-focused market.

Key Highlights

  • Turnkey bike shop and commercial property in downtown Lanesboro, MN, near the Root River trail system
  • Full‑service bike sales and repair shop plus bicycle rentals for all experience levels
  • Tube rentals available for Root River recreation

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
785
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Merchants Bank Shops & Services
785 visits/mo 0.1 miles

Demographics for 55949, MN

1,864
Population
998
Households
1.9
Avg Household Size
46
Median Age
36%
College-Educated
92%
High-School Grad
113.9 sq mi
ZIP Area
16
Density / Sq Mi
$80,357
Median Household Income
$41,437
Median Earnings
$579
Median Rent
$249,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Turnkey bike shop property with established repairs and rentals near the Root River trail system.
Where is this storefront property located?
The property is located at 105 Coffee St Lanesboro, MN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Turnkey bike shop and commercial property in downtown Lanesboro, MN, near the Root River trail system; Full‑service bike sales and repair shop plus bicycle rentals for all experience levels; Tube rentals available for Root River recreation
More about this property
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