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Active
$429,900
/mo   Edit
MLS# 4996920
109 Parkway Avenue S
Lanesboro, MN 55949
Commercial
0.086 acres
Built 1915  ●  Lanesboro schools
Info: 763-576-8286
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    Description:   Location, Location, Location! Nestled on the banks of Lanesboro Root River and in the middle of historic town of Lanesboro sits the well-established Riverside on the Root restaurant overlooking the Root River State bike trail, Root River, Lanesboro's old railroad trestle Bridge. This cash flowing business is a turnkey for sale offering full service food and liquor. Always a line waiting to get in!
    List Price: $429,900
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1915
    City: Lanesboro
    Zip Code: 55949

    Interior

    Building Fin Sq Ft: 1,760 ft²

    Exterior

    Heating System: Forced Air
    Foundation Size: 880 ft²
    Handicap Accessible: No Stairs External
    Exterior Material: Wood
    Garage Spaces: 0
    Other Parking Spaces: 5

    Lake/Waterfront

    Lake/Waterfront: River Front
    Lake/Waterfront Name: Root River
    DNR Lake ID#: S9990269
    Lake Acres: 0.00000
    Lake Depth: 0

    Lot

    Acres: 0.086
    Latitude: 43.72041700
    Longitude: -91.97750900
    Lot Size Dim.: 50x75
    Zoning: Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2017
    Annual Taxes: $6,466
    Assessment Pending: No
    Taxes w/ Assessments: $6,466

    Unit

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Y
    Sale Includes: Business, Building, Land, Inventory, Fixture/Equipment
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Richard
    Smyth
    TruStone
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    TruStone
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    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Edina Realty, Inc. - Rochester