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Active
$725,000
/mo Edit
Commercial:  1 Story
Built 1895
0.06 acres
Lanesboro schools
MLS# 7065897
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    Property Description

    Turnkey Business Opportunity in the Heart of Lanesboro. Rare opportunity to own a well-established, full-service bike shop in the heart of historic downtown Lanesboro—just steps from the renowned Root River 65mile trail system. This thriving business is perfectly positioned in one of Minnesota’s most scenic and highly visited destinations, often celebrated as one of the best places to experience the Driftless Bluff Country. The sale includes real estate, a well-recognized and respected business name, all fixtures and equipment, all inventory, and valuable intangible assets, making it a truly turnkey operation. Known as an iconic stop for cyclists and travelers, the Little River General Store serves visitors exploring the paved Root River trail, which winds through breathtaking landscapes of forested bluffs, limestone outcrops, and spring-fed streams. Business Highlights: Full-service bike sales and bicycle repair, Lanesboro Bicycle rentals for all experience levels, Tube rentals for Root River recreation, new and best brand name electric bikes to purchase. Prime downtown location with strong tourist traffic Established reputation and loyal customer base. This is a unique chance to step into a successful, lifestyle-friendly business in a high-demand outdoor recreation market. Plan your visit — explore, ride, and experience the opportunity firsthand. On-site training and transition support are available.

    Listing

    Contingency: None
    City: Lanesboro
    County: Fillmore
    State: MN
    Property Style: 1 Story
    Zip Code: 55949
    Subdivision Name: Lanesboro Original

    Exterior

    Stories: One
    Garage Spaces: 0
    Garage Size: 864 ft2
    Foundation Size: 3,600 ft2
    Handicap Accessible: Doors 36"+, Fully Wheelchair
    Road Responsibility: Public Maintained Road
    Heating System: Space Heater
    Parking Features:
    • Asphalt
    • Attached Garage
    • Covered
    • Electric
    • Finished Garage
    • Garage Door Opener
    • Heated Garage
    • Parking Lot
    • Storage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Roof Details: Age Over 8 Years

    Lot & Land

    Acres: 0.06
    Geolocation: 43.721666, -91.976484
    Inclusions: Building, Inventory
    Lot Dimensions: Irregular
    Zoning: Business/Commercial

    Schools

    School District: 229
    District Phone: 5074672229

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,360
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,360

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Other
    • Recreational
    • Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.