106 Parkway Ave S, Lanesboro, MN

Hotel for Sale - $575,000 - 3,840 Sq. Ft.


Agent Info

Chris Fritch, CCIM
KW Commercial

Property Info

CIMLS#1069095
Location
  106 Parkway Ave S
  Lanesboro MN 55949
UpdatedFebruary 26th, 2020
TypeHotel
Price$575,000
Building3,840 Sq. Ft.

Contact


Property Description

This immaculate inn boasts the only hillside retreat in the heart of Lanesboro, frequently recognized as a most beautiful small town. It offers a total of 9 units of various size and stunning on-site family residence. Completely renovated with gorgeous updates, the inn features 5 private room and 4 apartments –advantageous when many other lodging options can only offer rooms with one bed. Located directly across from the Root River Trail with 65 miles of biking, cross country skiing, canoeing and fishing. Here guests enjoy peace and breathtaking views, all within walking distance of the arts, fine eateries, shopping and more. The tiered hill offers more greenspace than any other lodging option in town, perfect for a game of horseshoes, bag toss, or just a relaxing glass of wine by the firepit.

Brewster’s Red Hotel also offers significant growth opportunity to new owners, including a full bed and breakfast license (not currently utilized), off-season rentals and even possibility for retail right on the main street.

Brought to you by Chris Fritch and Lisa Malani KW Commercial 763-746-3996


Financials

Contract for Deed available