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106 Parkway Ave S, Lanesboro, MN 55949
106 Parkway Ave S, Lanesboro, MN 55949
Sold for $527,500
106 Parkway Ave S, Lanesboro, MN 55949
Sold for $527,500
106 Parkway Ave S, Lanesboro, MN 55949
106 Parkway Ave S, Lanesboro, MN 55949
106 Parkway Ave S, Lanesboro, MN 55949
106 Parkway Ave S, Lanesboro, MN 55949

106 Parkway Ave S Lanesboro, MN 55949

$527,500

CLOSED
Beds
2
Baths
2
Sqft
0
Acres
0.161
Year
1888
Close Date
Aug 17, 2021
Property Type
Commercial Sale
Sub Type
Date Listed
Apr 6, 2021

Description of 106 Parkway Ave S, Lanesboro, MN 55949

Listing details for 106 Parkway Ave S, Lanesboro, MN 55949 : Turnkey business opportunity at hotel in Historical District of Lanesboro This immaculate inn is the only hillside retreat in the heart of town, frequently recognized as a most beautiful small town. It offers a total of 9 units of various size & stunning on-site family residence. Completely renovated w/gorgeous updates, the inn features 5 private room & 4 apartments –advantageous when many other lodging options can only offer rooms with 1 bed. Located across from the Root River Trail w/65 miles of biking, x country skiing, canoeing & fishing. Guests enjoy peace & breathtaking views, all within walking distance of the arts, fine eateries, shops & more. The tiered hill offers more green space than any other lodging option in town, perfect for horseshoes, bag toss, or just a relaxing by the firepit. This hotel also offers significant growth opportunity to new owners, including a full bed and breakfast license not utilized but option is there.
Listing Updated : 08-24-2026 at 8:21 AM CDT

Properties displayed may be listed or sold by various participants in the MLS

Source

NorthstarMLS as distributed by MLS GRID, MLS#: 5735442

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Property History

DateEventPrice
8/17/2021
Sold
$527,500
Source:NorthstarMLS #NST5735442
4/6/2021
Listed for sale
—
Source:NorthstarMLS #NST5735442

Location of 106 Parkway Ave S, Lanesboro, MN 55949

Streetview of 106 Parkway Ave S, Lanesboro, MN 55949

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Based on information submitted to the MLS GRID as of 2026-08-24. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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