IT’S BEEN AWHILE since I’ve thought of the historic 1892 former bank building in downtown Lamberton in my native southwestern Minnesota.
The 3,250 square foot massive corner brick structure stands empty after a young couple was unable to secure financing to open Seven Sisters Coffee in the summer of 2013. The pair planned to transform the main floor into a community gathering space.
They intended to serve food in the front section, which last housed long-time Sanger’s Bakery. The back room would serve as a venue for musical performances and the arts and as an event rental space. It seemed like a good idea.
But none of that came to fruition with the failed financing.
So the building went on the market thereafter, priced at $37,000.
The property remains for sale today, but at a much lower price. It’s now listed at $17,000 by Mike Kaufenberg at Scenic City Realty in Redwood Falls. That drop in price might just be enough to lure a buyer.
I don’t know the current condition of the building given its ongoing vacancy. But I still see the potential here. This place possesses character and history. It’s located in a small town along a major regional highway, U.S. Highway 14, also known as the Laura Ingalls Wilder Historic Highway. Wilder’s childhood home of Walnut Grove lies only 11 miles to the west. Walnut Grove draws a lot of tourists, especially during the summer.
Now, back to the reason this property popped into my mind. Have you heard about Hoodstarter.com? Me either, until recently.
Seven young visionaries created this online avenue to identify and gather ideas for vacant storefront properties in the Twin Cities metro area. Folks can then vote on the top suggestions and help fund pitched proposals. It seems like a great idea. I think we’ve all passed vacant storefronts and wished for whatever to fill the spaces in our hoods (neighborhoods/communities).
Today I’m giving you the opportunity to share your ideas for the old bank building in downtown Lamberton. What do you envision for this property?
And if you contact Mike Kaufenberg at Scenic City Realty, tell him I sent you. Especially if you buy the property.
© Copyright 2015 Audrey Kletscher Helbling