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.
MLS# | 5492174 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1888 |
Days On Site | 371 |
Units | 9 |
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Area Information | |
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State | MN |
County | Fillmore |
City | Lanesboro |
Zip Code | 55949 |
Listing VS Median (in 55949) | |
Price: $535,000 low | high Med: $147,400 On Site: 371 low | high Med: 236.5 Sourced by Back At You |