Renovated 10-Unit Apartment
505 PKWY AVE S Lanesboro, MN 55949
For Sale
Contact for pricing
10-unit apartment building in like-new condition, fully renovated and converted from a church.
Property Size7,210 SF
Days on Market101
Property Features for 505 PKWY AVE S
General Information
- Standard status
- Active
- Size
- 7,210 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1890
Listing Agency:
LOAM Commercial Real Estate
Listed By:
Brandon Milde · License #503514077
Source:
Crexi
Added: Apr 15
Changed: Jul 22
Last Checked: Jul 23 at 1:30PM
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 LOAM Commercial Real Estate
Investment Insights
Based on property information with market context.
This renovated 10-unit apartment building was converted from its original church use and brought to like-new condition. The property’s major systems and finishes have been replaced throughout, creating a turnkey residential income asset with modernized interior components.
Three of the units are currently operating as short-term rentals as Airbnb accommodations, adding flexibility to the property’s income mix. The building is located in Lanesboro, Minnesota, a destination with strong seasonal tourism activity, particularly during the summer months, supported by outdoor recreation such as biking and walking.
The building’s current configuration includes a total of 10 residential units, combining standard apartment operations with an on-site short-term rental component.
Three of the units are currently operating as short-term rentals as Airbnb accommodations, adding flexibility to the property’s income mix. The building is located in Lanesboro, Minnesota, a destination with strong seasonal tourism activity, particularly during the summer months, supported by outdoor recreation such as biking and walking.
The building’s current configuration includes a total of 10 residential units, combining standard apartment operations with an on-site short-term rental component.
Key Highlights
- 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
Property Analytics
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Apartment building - 10-unit apartment building in like-new condition, fully renovated and converted from a church.
Where is this apartment building located?
The property is located at 505 PKWY AVE S Lanesboro, MN.
What are key features of this property?
This property features: 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
