The Old Village Hall Restaurant 111 Coffee St

111 Coffee St , Lanesboro, Minnesota, 55949 | 2,600 sq.f | $ 350,000

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About This Restaurant

Investment Highlights

Executive Summary

This historic building (Old Village Hall) is located in the heart of scenic Lanesboro and next to the State Bike Trail and close to the Root River. The commercial possibilities are unlimited. Previous owner had a successful restaurant/bar and all the equipment is and fixtures will stay making this a great turn key opportunity. With the high traffic area the building could be used for retail, lodging or investment property. The beautiful views that surround this property nestled in the bluff valleys of Lanesboro make this a gem. The gorgeous stone exterior and large deck along the trial makes this a peaceful setting to relax and enjoy with friends and family. Really need to see this to appreciate what this offers

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    2,600
  • Building Class    C
  • Year Built    1886
  • Price    350,000
  • Price Per SF    135
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    1.49
  • Land Acres    0.04 AC

Amenities

  • Corner Lot
  • Courtyard
  • Restaurant
  • Storage Space
  • Air Conditioning

Property Taxes

Parcel Number 19.0182.010 Improvements Assessment $22,700
Land Assessment $204,000 Total Assessment $226,700
Date Created: 2024-07-16 04:16:20 Last Updated: 2024-07-16 04:16:20
Address: 111 Coffee St , Lanesboro, Minnesota, 55949