106 Parkway Avenue S

Lanesboro, MN 55949

About this property

Turnkey business opportunity at hotel in Historical District of Lanesboro This immaculate inn is the only hillside retreat in the heart of town, frequently recognized as a most beautiful small town. It offers a total of 9 units of various size & stunning on-site family residence. Completely renovated w/gorgeous updates, the inn features 5 private room & 4 apartments advantageous when many other lodging options can only offer rooms with 1 bed. Located across from the Root River Trail w/65 miles of biking, x country skiing, canoeing & fishing. Guests enjoy peace & breathtaking views, all within walking distance of the arts, fine eateries, shops & more. The tiered hill offers more green space than any other lodging option in town, perfect for horseshoes, bag toss, or just a relaxing by the firepit. This hotel also offers significant growth opportunity to new owners, including a full bed and breakfast license not utilized but option is there.

Date Added
April 6, 2021
Listing Status
Active
Days On Site
16
MLS#
5735442

Features and Additional Information

Lot Size
6,970 SqFt
Acreage
0.16
Property Type
Commercial
Style
iqweb_
Sub-Type
Resale
Year
1888
Zoning
Square Feet
0
Units
9
Story(s)
0
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$535,000 Active
0 SQFT

Presented By Coldwell Banker River Valley Commercial Group

Coldwell Banker Commercial River Valley

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Get in touch today! Phone: (608) 784-9930
Brokerage
Coldwell Banker Commercial River Valley
(608) 784-9930

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