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Financial
Distress signals
Property profile

102 Coffee St W Lanesboro, MN 55949

FOR SALE
Commercial real estate
Property ID
US46-2610152
Last sale Apr 2019 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$684
Tax billed · 2020
Assessed value · 2023$24k
Assessed land$15k
Assessed improvement$9k
Effective rate2.81%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$45/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$20 – $68

Cap rate analysis

How does the asset earn?
7.16%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFILLMORE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Wholesale Shop8.9
Plumbing Service8.8

Location

102 Coffee St W Lanesboro, MN 55949
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 6 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
102 Ashburn E, Lanesboro, MN 55949 $70,000 Nov 2024 No data
100 Coffee, Lanesboro, MN 55949-2607 $87,036 Apr 2024 2,000 SF
100 Beacon W, Lanesboro, MN 55949-2606 $220,000 Apr 2020 3,480 SF
103 Ashburn E, Lanesboro, MN 55949 $75,000 Jan 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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