Lanesboro MN Inn Including Residence | Transworld Business Advisors
UA-80157733-1

Lanesboro MN Inn Including Residence

Listing Number: 17441-185696

Description

Transworld is offering an exciting opportunity to own a piece of historic Lanesboro Minnesota. Guests enjoy a very short walk to the heart of the historic downtown district featuring art galleries, shopping, restaurants, and the well-known Commonweal Theatre. The Inn also maintains easy access to the Root River State Trail for the many biking and cross-country ski enthusiasts that the city draws.

This 8-room Inn offers the perfect opportunity for either a passive investment or an owner operator who would take advantage of the private home included in the sale.

Highlights:
- 8 room Inn
- Includes updated 1,591 SF house (2 bed, 2 bath)
- Ability to turn home into rental income
- Open year-round
- Serves continental breakfast
- Garage in back
- Incredible views of bluffs
- Next to local attractions and shopping
- Easy access parking

Listing Details

  • Price: $410,000
  • Down Payment: $370,000
  • Sellers Discretionary Earnings: $28,390
  • Total Sales: $84,162
  • Location: Fillmore County, Minnesota

  • Inventory: $0
  • FF&E: $0
  • Employees: 1
  • Year Established: 1998
  • Reason for Selling: Retirement
  • Category: Real Property Rltd

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