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106 Parkway AVE S Lanesboro, MN 55949
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Key Details
Sold Price $527,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Lanesboro Original
MLS Listing ID 5735442
Sold Date 08/17/21
Year Built 1888
Annual Tax Amount $5,198
Tax Year 2019
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 1
Property Sub-Type Apartment
Property Description
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.
Location
State MN
County Fillmore
Zoning Business/Commercial
Body of Water Root River
Rooms
Basement Finished, Full, Walkout
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Fireplace No
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Exterior
Parking Features Detached, Heated Garage, Insulated Garage
Garage Spaces 1.0
Utilities Available Electric Common, Heating Common, Hot Water Common
Waterfront Description River View
View Y/N River
View River
Roof Type Age Over 8 Years,Asphalt
Present Use Bed & Breakfast,Hotel/Motel
Building
Lot Description Tree Coverage - Medium
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
Schools
School District Lanesboro
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