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    Property profile & analytics

    102 Coffee St Lanesboro, MN 55949

    • Commercial real estate
    For Sale
    View listing
    Value Estimation
    Last Sale
    May 14, 2021
    Location Intelligence
    Property ID
    US46-2610152
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 102 Coffee St

    Property type
    Commercial real estate
    APN
    19.0084.000
    APU
    190084000

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lanesboro
    County
    Fillmore
    State
    Minnesota
    Longitude
    -91.9776
    Latitude
    43.7224
    CBSA code
    40340
    CBSA name
    ROCHESTER, MN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $684
    $14,900
    $9,400
    $24,300
    -
    $14,900
    $9,400
    $24,300

    Comparable in this City

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      0.00 Acres

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      114 Pkwy N Ave

      COMMERCIAL (GENERAL)
      114 Pkwy N Ave, Lanesboro, MN 55949-9796
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      $75,000
      2,000 SF

      100 Coffee St

      COMMERCIAL (GENERAL) • 2,000 SF
      100 Coffee St, Lanesboro, MN 55949-2607
      View Details
    • Value Estimation
      $235,000
      2,880 SF

      18 Beacon E St

      COMMERCIAL (GENERAL) • 2,880 SF
      18 Beacon E St, Lanesboro, MN 55949
      View Details
    • Value Estimation by Request

      811 Auburn S Ave

      COMMERCIAL (GENERAL)
      811 Auburn S Ave, Lanesboro, MN 55949
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      104 Pkwy N Ave

      COMMERCIAL (GENERAL)
      104 Pkwy N Ave, Lanesboro, MN 55949-9796
      View Details

    Similar Nearby for Sale

    • $325,000
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      Lanesboro Commercial Building - High Traffic

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

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      Lanesboro Wine Bar & Restaurant

      Turnkey Business, Scenic Location
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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
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