Lake City, MN 55041
$375,000
Property Type:
Commercial
Square Footage:
9,462
Lot Size (sq. ft.):
3,049
Status:
Active
Current Price:
$375,000
List Date:
4/14/2026
Last Modified:
6/26/2026
Overview
Description
Listing Details MLS# 7052965
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- Yes
- Waterfront YN
- No
- Year Built
- 1973
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 3154
- For Sale or Lease
- For Sale
- Acres
- 0.07
- Lot Dimensions
- 40x84x40x84
- Assessment Pending
- No
- Other Parking Spaces
- 0
- Garage Stalls
- 0
Property Features
Accessible:
Door Lever Handles; Doors 36"+; Hallways 42"+; No Stairs External; Partially Wheelchair
Air Conditioning:
Central Air
Amenities Shared:
Fire Sprinkler System; Other
CMU Style:
Office
Construction Status:
Previously Owned
Current Use:
Commercial; Office; Professional Service; Retail
Exterior:
Brick/Stone; Stucco
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Potential Use:
Income; Office; Professional; Retail; Shop
Roof:
Flat
Sewer:
City Sewer - In Street
Stories:
Two
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 375000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Lake City
- County
- Wabasha
- State
- MN
- Zip Code
- 55041
- Complex/Dev/Subdivision
- L C Fed S & L Assn Sub
Assessments
- Tax With Assessments
- 11802
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 3154
More Information
Building Information
- Building Finished SqFt
- 6308
- Building SqFt
- 9462
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Dimensions
- 00
Public Survey Info
- Range#
- 12
- Section#
- 4
- Township#
- 111
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- 10
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- Legal Description
- SECT-04 TWP-111 RANGE-012 L C FED S & L ASSN SUBDIVISION LOT-003 BLOCK-001
- Listing City
- Lake City
- Map Page
- 999
- Municipality
- Lake City
- School District
- Lake City
- School District Phone
- 651-345-2198
- Property ID Number
- R220037506
- Tax Year
- 2025
- Tax Amount
- 11802
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Great commercial building in busy location in downtown Lake City! Currently used as office space with great proximity to Lake Pepin and surrounding downtown shops and restaurants! Great opportunity to purchase and utilize this property if you work remotely, but want to get out of the house and have a fabulous workspace and capability to rent out the other spaces for an additional income producing opportunity! 7 offices on the main floor with 2 handicap accessible bathrooms, large conference room, large work area for making copies, putting together projects and presentations along with a community break room! The two front offices have large windows to the street and sidewalk for great visibility for your businesses! The second floor consists of 3 more offices along with additional cubical space and a bathroom! The full basement is unfinished and offers great storage for files, extra inventory and supplies!
- Directions
- Hwy 61 to W Center St to building.
Accessible
- Door Lever Handles
- Yes
- Doors 36"+
- Yes
- Hallways 42"+
- Yes
- No Stairs External
- Yes
- Partially Wheelchair
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Shared
- Fire Sprinkler System
- Yes
- Other
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
- Stucco
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Roof
- Flat
- Yes
Sewer
- City Sewer - In Street
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Office
- Yes
Current Use
- Commercial
- Yes
- Office
- Yes
- Professional Service
- Yes
- Retail
- Yes
Potential Use
- Income
- Yes
- Office
- Yes
- Professional
- Yes
- Retail
- Yes
- Shop
- Yes
Listing Office:
Schurhammer Real Estate, LLC
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.