305 Coffee Street

Lanesboro, MN
$ 197,500 Beds 0 Baths 0 Sq 2,400
Monthly Estimate* How much can I afford?

Well established Coffee Inn (Bed & Breakfast potential) is turnkey and ready to produce income immediately! The possibilities are endlessmake 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 1 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!

Commercial

  • Price
  • $ 197,500
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,400
  • Full Bathrooms
  • 0
  • Year Built
  • 1890
  • Half Bathrooms
  • 0
  • City, Zip
  • Lanesboro
  • Taxes
  • 3264
  • County
  • FILLMORE
  • Style
  • Business
  • Area
  • Lanesboro Original
  • MLS#
  • 5681910
  • Zip
  • 55949
Listing Provided by: Re/Max Advantage Plus

Features

General

Contingency None
Property SubType Business
Property Type Commercial Sale
Roof Asphalt
Standard Status Active

Interior Features

Basement Partial

Exterior Features

Lot Dimensions Irregular
Lot Size Area 0.12
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Mankato, MN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/3/2020 Listed $197,500

Property vs Zip Code Average in 55949

Price
AVG $350K
$200K
Taxes
AVG $3,862
$3,264
Visits
AVG 48
10
Year Built
AVG 1911
1890
Walkscore
AVG 40
40
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

305 Coffee Street Lanesboro, MN is a Single Family Home for sale at $197500 with 2400 sqft and a lot size of 5,227 SqFt Acre(s). 305 Coffee Street Lanesboro has 0 bedrooms, 0 baths and was built in 1890. The property's zip code is 55949 which is in Lanesboro, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.