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Sold:  Lanesboro MLS# 6162182

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Sold
$590,000  (list price)
$460,000
Est. Payment: /mo Edit
109 Parkway Avenue N
Lanesboro
Commercial:  Other
Built 1870
0.13 acres
Lanesboro schools
MLS# 6162182
763-498-2150
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    • Listing
    • Community
    • Schools
    • Home Sales
    • Mortgage
    • Walkscore 41

    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.

    Listing

    Listing Status: Sold
    Contingency: None
    List Price: $590,000
    Sold Price: $460,000
    Sold Date: 01/23/2023
    Property Type: Commercial
    City: Lanesboro
    Garage Spaces: 0
    County: Fillmore
    Year Built: 1870
    State: MN
    Property Style: Other
    Zip Code: 55949
    Subdivision Name: Lanesboro Original

    Interior

    Ceiling Height: 11-15
    Ranges: One
    Refrigerators: Six or More
    Appliances Included:
    • Dishwasher
    • Exhaust Fan
    • Freezer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Water Softener Owned
    Basement Details:
    • Block
    • Owner Access
    • Stone/Rock
    • Storage Space
    • Unfinished

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air, Ductless Mini-Split
    Foundation Size: 1,540 ft2
    Foundation Dimensions: 22x70
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Shared Amenities:
    • Deck
    • Patio
    • Porch
    Unit Amenities:
    • Balcony
    • Cable
    • City View
    • Hardwood Floors
    • Natural Woodwork
    • Tile Floors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Flat
    • Rubber

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Root River - South Branch
    Waterfront View: River, West
    DNR Lake ID#: S9990273
    WF Frontage: 35
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront:
    • River Front
    • River View

    Lot & Land

    Acres: 0.13
    Geolocation: 43.7214563841, -91.9771970399
    Inclusions: Building, Business, Fixture/Equipment, Land, Other, Rental License
    Lot Dimensions: 25 x 160
    Zoning: Business/Commercial

    Schools

    School District: 229
    District Phone: 507-467-2229

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $8,654
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,654
    Land Lease Amount: 0

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    • Food Service
    • Residential
    • Restaurant
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo


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    Listing provided by RMLS, courtesy of TheMLSonline.com, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
    For showings or questions, call 763-498-2150

    For showings or questions, call:

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    Home Affordability

    Mortgage Rates

    Based on national averages. Updated
    Loan Rate* Change
    30 yr Fixed 6.95% -0.07%
    15 yr Fixed 6.21% -0.09%
    5 yr ARM 6.23% -0.08%
    30 yr FHA 6.45% -0.08%
    30 yr Jumbo 7.06% -0.07%
    30 yr VA 6.47% -0.07%
    *Rates are only estimates & not guaranteed.

    Community Info

    Lanesboro, MN
    • $339,144 Avg Listing Price
    • $171 Avg Price/SqFt
    • 13 Active Listings
    • 22 Recently Sold
    • More Community Info

    WalkScore ® 41

    Car-Dependent

    Most errands require a car.

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