Lake City, MN 55041
$195,000
Property Type:
Commercial
Square Footage:
3,240
Lot Size (sq. ft.):
1,307
Status:
Closed
Current Price:
$195,000
List Date:
5/20/2026
Last Modified:
6/30/2026
Overview
Listing Details MLS# 7077087
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Road Btwn WF & Home?
- Yes
- Waterfront YN
- No
- Year Built
- 1920
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 1080
- Lake/Waterfront Name
- Pepin
- For Sale or Lease
- For Sale
- Acres
- 0.03
- Lot Dimensions
- 18x80
- Assessment Pending
- No
- Other Parking Spaces
- 0
- Garage Stalls
- 0
Property Features
Accessible:
None
Air Conditioning:
Central Air
Amenities Unit:
Balcony; Tile Floors; Walk-In Closet
Appliances:
Dryer; Range; Refrigerator; Washer
Basement:
Full
CMU Style:
Apartments and Retail; Business Opportunity; Retail/Shopping Center
Construction Status:
Previously Owned
Current Use:
Business Service; Commercial; Retail
Exterior:
Brick/Stone; Wood
Financing Terms:
Cash
Foundation:
Poured Concrete
Fuel:
Natural Gas
Heating:
Forced Air
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Off Site; Other
Potential Use:
Retail
Rental License Type:
Standard
Sewer:
City Sewer/Connected
Stories:
Two
Water:
City Water/Connected
Waterfront Type:
Lake View
Contract Information
- Off Market Date
- 2026-05-21
- Closed Date
- 2026-06-30
- Sales Close Price
- 195000
- Contingency
- None
- ListPrice
- 185000
- 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
- Lake City
Assessments
- Tax With Assessments
- 2692
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 2160
- Building SqFt
- 3240
More Information
Lake Details
- Lake Acres
- 25215
- Lake Depth
- 60
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 12
- Section#
- 4
- Township#
- 111
Sale Options
- Sale Includes
- Building, Land
Unit 1
- Unit Number
- Yes
- Monthly Rent
- 950
- Leased?
- Yes
- Lease Expiration Date
- 2026-06-30
Unit Details
- Total Units
- 2
Office/Member Info
- Association
- SEMR
Location, Tax and Other Information
- Legal Description
- SECT-04 TWP-111 RANGE-012 LAKE CITY .03 AC NWLY 18' OF SELY 38' OF LOT 4 BLK 15
- Listing City
- Lake City
- Map Page
- 999
- Municipality
- Lake City
- School District
- Lake City
- School District Phone
- 651-345-2198
- DNR Lake ID#
- 25000100
- DNR Lake Classification
- General Development
- Zip Plus 4
- 1457
- Property ID Number
- TBD
- Tax Year
- 2025
- Tax Amount
- 2692
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Directions
- HWY 61 to Lake City, left on E Lyon Ave., Right on S Washington, Commercial space on the right.
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Unit
- Balcony
- Yes
- Tile Floors
- Yes
- Walk-In Closet
- Yes
Appliances
- Dryer
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Basement
- Full
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
- Wood
- Yes
Financing Terms
- Cash
- Yes
Foundation
- Poured Concrete
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Parking Characteristics
- Off Site
- Yes
- Other
- Yes
Rental License Type
- Standard
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Waterfront Type
- Lake View
- Yes
No. of Ranges
- One
- Yes
No. of Refrigerators
- One
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments and Retail
- Yes
- Business Opportunity
- Yes
- Retail/Shopping Center
- Yes
Current Use
- Business Service
- Yes
- Commercial
- Yes
- Retail
- Yes
Potential Use
- Retail
- Yes
Listing Office:
Schurhammer Real Estate, LLC
Last Updated: June - 30 - 2026
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