Property Description A turnkey bike shop and commercial property in downtown Lanesboro, MN, offering real estate, established business, fixtures, inventory, 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 Minnesotaâs 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 â 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.
Details
Contract Information
Status: Active
Current Price: 300000
Contingency: None
ListPrice: 300000
List Date: 2026-05-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 2
Waterfront YN: No
Year Built: 1895
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 3600
For Sale or Lease: For Sale
Acres: 0.06
Lot Dimensions: Irregular
Assessment Pending: No
Location Tax and Other Information
Postal City: Lanesboro
County: Fillmore
State: MN
Zip Code: 55949
Complex/Dev/Subdivision: Lanesboro Original
Assessments
Tax With Assessments: 2360
Building Information
Building Finished SqFt: 3840
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SEMR
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 864
Sale Options
Sale Includes: Building, Inventory
Unit Details
Total Units: 1
Property Features
Accessible: Doors 36"+; Fully Wheelchair
CMU Style: Mixed Use; Other; Retail/Shopping Center
Construction Status: Previously Owned
Current Use: Commercial; Other; Recreational; Retail