Lanesboro, MN 55949,305 Coffee ST
Lanesboro, MN 55949,305 Coffee ST
Lanesboro, MN 55949,305 Coffee ST
Lanesboro, MN 55949,305 Coffee ST
Lanesboro, MN 55949,305 Coffee ST
Lanesboro, MN 55949,305 Coffee ST
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$188,000

$197,500

4.8%
Est.Price: ?

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Est. payment /mo

5,227 Sqft Lot


SOLD DATE : 04/19/2021

Key Details

Sold Price $188,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Lanesboro Original

MLS Listing ID 5681910

Sold Date 04/19/21

Year Built 1890

Annual Tax Amount $3,264

Tax Year 2020

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions Irregular

Property Description

Well established Coffee Inn (Bed & Breakfast potential) is turnkey and ready to produce income immediately! The possibilities are endless…make the front 3 bedroom/2 bath home yours while renting out the back 4 hotel rooms OR rent out the entire property which includes 8 units OR purchase the home next door and package the entire property to obtain the quintessential B&B! Lanesboro is a hidden gem nestled in the bluffs just 40 miles from Rochester & is known as the B&B capital of MN. Home is only 1½ blocks from the quaint downtown and close to the Root River and highly rated bike trail. Home offers great outdoor spaces with beautiful bluff views and has plenty of parking. The spacious back 4 suite rooms all come with full private baths. Updates include newer roof, windows and vinyl siding. Business is very successful and has an outstanding reputation. You will see the pride in ownership the second you step inside! Truly a one of a kind opportunity...call today to take a look!

Location

State MN

County Fillmore

Zoning Business/Commercial,Other

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air, Wall Unit(s)

Fireplace No

Exterior

Parking Features Asphalt, Shared Driveway

Utilities Available Electric Common, Heating Common

Roof Type Asphalt

Present Use Bed & Breakfast,Hotel/Motel

Building

Lot Description Irregular Lot

Story Two

Foundation 1200

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Vinyl Siding

Schools

School District Lanesboro

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Listed by Daryl Bauer • Re/Max Advantage Plus

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