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MLS# 4996920
109 Parkway Avenue S
Lanesboro, MN 55949
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


    Building Fin Sq Ft: 1,760 ft²


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


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


    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


    Total Units: 1


    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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    Get to know our Home Mortgage Professionals

    Von Itter
    Bay Equity
    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.

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