Property summary
This exceptional owner-user opportunity presents a well-established convenience store in Lanesboro, Minnesota. Located at 100 Parkway Ave S, this property boasts a prime location within Fillmore County, offering high visibility and convenient access for customers. The property comprises two buildings, each two stories high, situated on a 0.03-acre lot. Built in 1907, the buildings offer a blend of historical charm and functional retail space, perfect for an established business or a savvy entrepreneur looking to expand. The sale includes both the real estate and the existing convenience store business; the building is not available for purchase separately. This presents a unique chance to acquire a turnkey operation with immediate revenue potential. The property's Class C designation reflects its age and potential for renovation or modernization, offering further opportunities for value enhancement. The address is 100 Parkway Ave S, Lanesboro, MN 55949. This is an ideal investment for those seeking a profitable business venture with a strong foundation in a desirable Minnesota community. The property's location provides excellent visibility and accessibility, ensuring a steady stream of customers. The combined sale of the building and business offers a seamless transition for a new owner, minimizing the complexities of starting from scratch. This is a rare opportunity to own a thriving business and its accompanying real estate in a charming Minnesota town.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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