$460,000
Lanesboro, MN 55949
MLS# 6162182
Status: Closed
1 / 21
Property 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.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2022-09-26
Current Price: $460,000
Closed Date: 2023-01-23
Sales Close Price: 460000
Contingency: None
ListPrice: 590000
List Date: 2022-03-10
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Frontage: 35
Waterfront Present: Yes
Year Built: 1870
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1540
Lake/Waterfront Name: Root River - South Branch
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 25x160
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 109
Street Name: Parkway
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Lanesboro
County: Fillmore
State: MN
Zip Code: 55949
Complex/Dev/Subdivision: Lanesboro Original
Assessments
Tax With Assessments: 8654
Basement
Foundation Dimensions: 22x70
Building Information
Building Finished SqFt: 4620
Building SqFt: 6160
Ceiling Height: 11-15
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Business, Fixture/Equipment, Land, Other, Rental License
Unit 1
Unit Number: 1
Full Baths: 1
Total Bathrooms: 1
Total Rooms: 2
Level: 3rd Level
Unit Total SqFt: 1500
Leased?: No
Unit Details
Total Units: 1
Property Features
Accessible: Other
Amenities Shared: Deck; Patio; Porch
Amenities Unit: Balcony; Cable; City View; Hardwood Floors; Natural Woodwork; Tile Floors
Appliances: Dishwasher; Freezer; Microwave; Range; Refrigerator
Basement: Concrete Block; Owner Access; Stone; Storage Space; Unfinished
CMU Style: Apartments and Retail; Business Opportunity; Low Rise; Other
Commercial Kitchen Appliances: Cookware/Utensils; Dishwasher; Freezer; Ice Machine; Other; Oven; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Shelving and Racks; Walk-In Cooler/Freezer; Warming Table
Construction Materials: Block; Brick
Construction Status: Previously Owned
Current Use: Commercial; Food Service; Residential; Restaurant; Retail; Tavern/Lounge
Existing Financing: Free and Clear
Exterior: Brick/Stone
Financing Terms: Contract For Deed
Flooring: Other/See Remarks; Wood
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable; Fiber Optic
Loan Terms: Cash; Contract for Deed; Conventional; Rural Development; USDA
Location Description: Downtown
Lock Box Type: Combo
Miscellaneous Information: 220 Volt; Furnished Units; Single Phase
On Site Utilities: Electric Common; Heating Separate; Hot Water Common
Parking Characteristics: On-Street Parking Only
Rental License Type: Other; Short-Term Online Rental Mgmt (STORM)
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Flat; Rubber
Sewer: City Sewer/Connected
Stories: Three Or More
Water: City Water/Connected
Waterfront View: River; West
Listing Office: TheMLSonline.com, Inc.
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.