305 Coffee Street

Lanesboro, MN
$ 188,000 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
  • $ 188,000
  • Lot Size
  • 5,227 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,400
  • Full Bathrooms
  • 0
  • Half Bathrooms
  • 0
  • City, Zip
  • Lanesboro
  • County
  • FILLMORE
  • Style
  • Area
  • MLS#
  • 5681910
  • Zip
  • 55949
Listing Provided by: Re/Max Advantage Plus
Data Source: Northstar MLS (NSTAR) - 133 - MN

Amenities

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

Affordability Calculator

$2,869

Per Month

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

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 2.99% 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

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Property vs Zip Code Average in 55949

Price
AVG $410K
$200K

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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 . 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 2.99% 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.