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    Lanesboro, MN
    Short Term Rental

    Lanesboro, MN Short Term Rental Properties for Sale

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    Preston, MN Fountain, MN Chatfield, MN Harmony, MN Rushford, MN Utica, MN Wykoff, MN Mabel, MN
    Renovated 10-Unit Apartment Building
    Updated: Apr 15
    Renovated 10-Unit Apartment Building

    505 PKWY AVE S, Lanesboro, MN 55949

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    7,210 sqft
    10‑unit apartment building in Lanesboro, MN, fully renovated and converted from its original use as a church
    Year built 1890
    All major systems and finishes have been replaced for a like‑new condition throughout
    Includes three short‑term rental units currently operating as Airbnb accommodations
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lanesboro, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Five-Unit Apartment Building
    Historic Five-Unit Apartment Building

    1434 Cass St, La Crosse, WI 54601

    $1,125,000
    10,300 sqft

    Includes distinctive architectural details, a bowling alley, and a separate carriage house.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    2,731 sqft

    Two-story building with retail space on the main level and a renovated 2 bed, 2 bath residence above.

    View details
    Historic Two-Story Mixed-Use Building
    Historic Two-Story Mixed-Use Building

    309 E Water Street, Decorah, IA 52101

    $449,000
    0.20 AC lot

    Retail space occupies the main level, with renovated residential quarters above.

    View details
    Historic 5-Unit Apartment Building
    Historic 5-Unit Apartment Building

    1-5-1434 Cass Street, La Crosse, WI 54601

    $1,125,000

    Turreted historic architecture, a bowling alley, and a carriage house distinguish this multifamily property.

    View details

    Lanesboro, MN Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Lanesboro, MN on our real estate platform. These investment opportunities span a total of 7,210 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Short term rental properties 1

    Demographics Overview

    Population 1,918
    Population Growth (5Y) +11.1%
    Median Household Income $80,357
    College Educated 49.3%

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $2.12 per SF
    Tax Rate vs County Average 0.26 pp below county avg
    Average Loan-to-Value 65.0%

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