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.