102 Coffee St Lanesboro, MN 55949-2607
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.