Property profile

108 Coffee St Lanesboro, MN 55949

OFF-MARKET
Commercial real estate
Property ID
US46-2676324
Individually Owned 21-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 19.0081.000
UPID US46-2676324

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Home Decor Store

Location

108 Coffee St Lanesboro, MN 55949-2607
Lanesboro metro Census 960600 ROCHESTER, MN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2005
1 recorded transaction
2005
$140,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 108 Coffee St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message