A great opportunity for someone who wants a business of their own. Serving the public's nightly accomodation needs in the small popular town of Lanesboro. On the site home & connecting 15 unity hotel in excellent condition. Rooms are ample in size, cozy, easy access and when your guests have checked in they will be close to biking, hiking, canoe the Root River, shop the downtown stores, or just relax by the courtyard and commons area.
Coming into Lanesboro from the W (Preston) on Hwy 16 this is the first place on the L. Coming into Lanesboro from the east (Peterson) on Hwy 16 this is the last place on the R as you leave Lanesboro.
The approximate monthly Principal & Interest payment for this property would be $3,595. This payment is based on a 30-year loan at a fixed rate of 4.52 % with a down payment of $67,990. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.
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