Property summary
This expansive 2,400 square foot commercial building presents a unique investment opportunity in the charming town of Lanesboro, Minnesota. Situated on a 0.06-acre lot on a high-traffic street, this property enjoys excellent visibility and accessibility. Its strategic location near the State Bike Trail and Root River provides significant potential for attracting customers and tourists. The building's versatile layout includes a spacious open area currently used for pool tables, offering ample room for customization to suit a variety of commercial uses. A built-in bar area adds further potential for a restaurant or bar concept. A rear shop provides additional space for storage, workshop, or expansion. A loft area is ideal for office space, providing a separate area for administrative functions or private offices. The possibilities are truly endless, making this property suitable for retail, restaurant, bar, or office uses. The building is being sold separately and is priced at $325,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location with high growth potential. The building's size and layout offer flexibility for a wide range of businesses, making it an attractive investment for entrepreneurs and business owners alike. Don't miss this chance to own a piece of Lanesboro's vibrant commercial landscape.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Home Decor Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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