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102 Coffee Street West
Lanesboro, MN 55949
Asking Price
$735K
Asset Type
Restaurant Retail
Class
Class B
What's Special
RARE TURNKEY OPPORTUNITY – MOVE IN & START EARNING! <p><span style="color: rgba(0, 0, 0, 1)">LOCATION IS EVERYTHING – AND THIS IS IT</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">Welcome to the "Bed and Breakfast Capital of Minnesota" and a renowned art mecca that draws thousands of visitors year-round. Lanesboro's unmatched attractions create a built-in customer base:</span></p><p></p><p><span style="color: rgba(0, 0, 0, 1)">- Famous 60-mile Root River State Trail – cyclists and outdoor enthusiasts flock here.</span></p><p><span styl
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NOI
$80,000
Cap Rate
10.88%
DSCR
1.83
Strong
Cash-on-Cash
16.49%
Monthly Payment
$3,636.379
Annual Cash Flow
$36,363.452