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    102 Coffee St Lanesboro, MN 55949

    Sponsored
    For Sale
    Contact for pricing

    Turnkey Business, Scenic Location

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lanesboro, Minnesota, establishment presents a unique opportunity to acquire a thriving, turnkey business and real estate package. The 2,000-square-foot building, constructed in 1924 and extensively renovated in 2019, boasts a charming character while offering modern amenities. The two-story structure features two levels of indoor seating, accommodating approximately 70 patrons, plus additional outdoor seating on maintenance-free decking. The well-equipped kitchen includes a full hood system with a fire suppression system, allowing for diverse culinary options. The bar offers an impressive selection of 60 wines, 50 bourbons, and 12 rotating local craft beers, complemented by locally sourced small plates. The property benefits from a new HVAC system and is conveniently located near the scenic Root River, making it ideal for attracting both local and tourist clientele. The building's non-historic status allows for future modifications to suit individual needs. This is a rare chance to own a profitable, established business in a picturesque Minnesota town, offering a blend of established success and potential for future growth. The property includes one building on two stories. The address is 102 Coffee St W, Lanesboro, MN 55949.

    Property Features for 102 Coffee St

    General Information

    Property type
    Restaurants
    Square Feet
    2,000 SF

    Building Details

    Year Built/Renovated
    1924/2019
    Buildings
    1
    Stories
    2

    HighLights

    • Turnkey business and real estate opportunity in Lanesboro, MN.
    • Extensive wine, bourbon, and craft beer selection.
    • Fully equipped kitchen with hood system and fire suppression.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    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
    -91.977055619271
    Latitude
    43.72196459043

    Nearby Comparable

    • $325,000
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      Lanesboro Commercial Building - High Traffic

      Prime Lanesboro location, versatile space, high traffic area.
      108 Coffee St, Lanesboro, MN 55949
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    • $325,000
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      Lanesboro Commercial Building - High Traffic Area

      Downtown Lanesboro, MN - Investment Opportunity
      110 Coffee St, Lanesboro, MN 55949
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    • $94,000

      Scenic Building Acreage Near Root River

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      Tbd State Highway16, Lanesboro, MN 55949
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    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
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    • $325,000
      2,350 SF

      Lanesboro Commercial Building - High Traffic Area

      Downtown Lanesboro, MN - Investment Opportunity
      110 Coffee St, Lanesboro, MN 55949
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Business, Scenic Location
    Where is this restaurant located?
    The property is located at 102 Coffee St Lanesboro, MN.
    What are key features of this property?
    This property features: Turnkey business and real estate opportunity in Lanesboro, MN.; Extensive wine, bourbon, and craft beer selection.; Fully equipped kitchen with hood system and fire suppression.
    Request Owner's contact information
    102 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
    102 Coffee St Lanesboro, MN 55949
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