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Nick Leavy

nick@iheartexit.com +1(701) 205-1350

$300,000

Est. payment - /mo

2,613 Sqft Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Lanesboro Original

MLS Listing ID 7065897

Year Built 1895

Annual Tax Amount $2,360

Tax Year 2026

Contingent None

Lot Size 2,613 Sqft

Lot Dimensions Irregular

Property Description

A turnkey bike shop and commercial property in downtown Lanesboro, MN, offering real estate, established business, fixtures, and intangible assets. Located near the Root River trail system, it attracts high tourist traffic. The property features a brick exterior, parking, and accessibility, with a history dating to 1895, and is ideal for outdoor recreation and retail. 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.
Known as an iconic stop for cyclists and travelers, the shop 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 repair shop
Bicycle rentals for all experience levels
Tube rentals for Root River recreation
Prime downtown location with strong tourist traffic
Established reputation and loyal customer base
On-site training and transition support available

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. The list price adjustment will reflect the sale of all real property and business assets associated with the Little River General Store. This includes the land, building, fixtures, intangible assets (business name, website, goodwill), and bike repair equipment/tools. Inventory items within the store will be valued and updated one week prior to closing.
Motivated Seller - Seller will consider selling the business and inventory with a minimum 5 year NNN lease agreement on the building.

Location

State MN

County Fillmore

Zoning Business/Commercial

Interior

Heating Space Heater

Inclusions Building, Inventory

Fireplace No

Exterior

Parking Features Attached Garage, Covered, Asphalt, Electric, Finished Garage, Garage Door Opener, Heated Garage, Parking Lot, Storage

Utilities Available Electric Common

Roof Type Age Over 8 Years

Present Use Commercial,Other,Recreational,Retail

Building

Story One

Foundation 3600

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Lanesboro

Others

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Listed by John Nelson • RE/MAX Results

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Nick Leavy

+1(701) 205-1350

President License ID: 40668858

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105 Coffee ST Lanesboro, MN 55949

Nick Leavy

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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