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For Sale:  Lanesboro MLS# 6162182

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Active
$590,000
Est. /mo   Edit
Lanesboro
109 Parkway Avenue N
Commercial:  Apartments/Retail
Built 1870
0.13 acres
Lanesboro schools
MLS# 6162182
952-374-8695
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    • Listing
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    • Walkscore 41
    Description:   Here's your chance to not only own a very popular pub in an historic building with riverside deck and 3rd story short term rental, but also benefit from being located on “main street” in a town where both tourists and locals flock to. The musician's balcony hanging from the 2nd floor atrium hosts many musical acts, trivia nights and open mics. Heart and soul were put into remodeling/restoring this building (2015) with details like custom railing and stairs, crown molding, a covered back porch and riverside deck, plus structural restorations like new footings and tuckpointing. Some of the historic relics have been kept for use, or décor as well. This turnkey operation has been running strong, showing signs of even more growth. Are you ready to put your dream into action? This is the place to do it.
    List Price: $590,000
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Apartments/Retail
    Year Built: 1870
    City: Lanesboro
    County: Fillmore
    State: MN
    Zip Code: 55949

    Interior

    Building Fin Sq Ft: 4,620 sqft
    Appliances Included: Range, Microwave, Exhaust Fan, Dishwasher, Freezer, Refrigerator, Water Softener Owned, Gas Water Heater
    Total Ranges: One
    Total Refrigerators: Six or More
    Basement Details: Block, Stone/Rock, Unfinished, Storage Space, Owner Access

    Exterior

    Air Conditioning: Central Air, Ductless Mini-Split
    Heating System: Forced Air
    Foundation Size: 1,540 sqft
    Shared Amenities: Deck, Patio, Porch
    Unit Amenities: Natural Woodwork, Balcony, Hardwood Floors, Tile Floors, City View, Cable
    Road Frontage: City Street, Paved Streets, Curbs, Sidewalks, Street Lights, Storm Sewer
    Handicap Accessible: Other
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 0
    Roof Details: Flat, Rubber

    Lake/Waterfront

    Lake/Waterfront: River Front, River View
    Lake/Waterfront Name: Root River - South Branch
    DNR Lake ID#: S9990273
    WF Frontage: 35
    Lake Acres: 0
    Lake Depth: 0

    Lot

    Acres: 0.13
    Latitude: 43.72145638
    Longitude: -91.97719704
    Lot Size Dim.: 25x160
    Dev/Complex Name: Lanesboro Original
    Zoning: Business/Commercial

    Schools

    School District: 229
    District Phone: 507-467-2229

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $8,654
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,654

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant, Bar/Tavern, Food Service, Residential, Commercial, Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate, Electric Common, Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo


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    Local Home Mortgage Professional

    Justin Larson
    Loan Officer
    Movement Mortgage
    NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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    For showings or questions, call 952-374-8695

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    Home Affordability

    Mortgage Rates

    Based on national averages. Updated
    Loan Rate* Change APR
    30 yr fixed 4.125% 0.125% 4.486%
    30 yr FHA 4.375% 0.125% 4.537%
    15 yr fixed 5.250% 0.125% 5.090%
    *Rates are only estimates and not guaranteed.

    Price History

    • Mar 10, 2022    $590,000

    Community Info

    Lanesboro, MN
    • $348,918 Avg Listing Price
    • $142 Avg Price/SqFt
    • 8 Active Listings
    • 26 Recently Sold
    • More Community Info

    WalkScore ® 41

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