Lake City, MN 55041

New Listing
$140,000
Property Type: Commercial Lot Size (sq. ft.): 78,408 Status: Active
Current Price: $140,000 List Date: 7/11/2026 Last Modified: 7/11/2026

Overview

Description

Lifestyle. Storage. Endless Possibilities. Now offering five premium flex space storage condos-a rare opportunity to own a versatile space designed to fit your lifestyle. Whether you’re looking for a secure place to store your boat, RV, car collection, recreational vehicles, business equipment, or seasonal toys, this versatile space is ready to make it happen. Create the ultimate workshop, private office, hobby space, or even the perfect man cave—the choice is yours. Each unit offers 1,125 sq. ft. (25’ x 45’) of quality-built space featuring a durable steel roof, concrete floor, R-44 ceiling insulation, R-19 wall insulation, natural gas heat, 100-amp electrical service with a 16-circuit panel, roughed-in plumbing for a future bathroom, a steel entry door, and an oversized 14’ x 14’ overhead door for easy access. The interior is ready for your vision. Finish it your way with upgrades such as a mezzanine, additional plumbing, custom cabinetry, workspace, or storage systems. ...

Listing Details MLS# 7107565

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
2023
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
9000
For Sale or Lease
For Sale
Acres
1.8
Lot Dimensions
102 x 218 x 216 x 249 x 66
Assessment Pending
No
Other Parking Spaces
0
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Security Building CMU Style: Business Opportunity; Industrial; Mixed Use; Office; Storage Unit Construction Status: Previously Owned Current Use: Vacant Exterior: Metal Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Potential Use: Office; Professional; Shop Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
140000
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
Grisim Estates 1st Add

Assessments

Tax With Assessments
9132
Assessment Balance
0

Building Information

Building Finished SqFt
9000

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
12
Section#
5
Township#
111

Sale Options

Sale Includes
Other

Unit 1

Unit Number
Yes
Unit Total SqFt
1125
Leased?
No

Unit 2

Leased?
No
Unit Number
4
Unit Total SqFt
1125

Unit 3

Leased?
No
Unit Number
5
Unit Total SqFt
1125

Unit 4

Leased?
No
Unit Number
6
Unit Total SqFt
1125

Unit 5

Leased?
No
Unit Number
8
Unit Total SqFt
1125

Unit Details

Total Units
5

Office/Member Info

Association
SEMR

Location, Tax and Other Information

Legal Description
SECT-05 TWP-111 RANGE-012 GRISIM ESTATES 1ST ADDITION LOT-001 BLOCK-001 1.80 ACRES
Listing City
Lake City
Map Page
999
Municipality
Lake City
School District
Lake City
School District Phone
651-345-2198
Zip Plus 4
1944
Property ID Number
TBD
Tax Year
2026
Tax Amount
9132
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Lifestyle. Storage. Endless Possibilities. Now offering five premium flex space storage condos-a rare opportunity to own a versatile space designed to fit your lifestyle. Whether you’re looking for a secure place to store your boat, RV, car collection, recreational vehicles, business equipment, or seasonal toys, this versatile space is ready to make it happen. Create the ultimate workshop, private office, hobby space, or even the perfect man cave—the choice is yours. Each unit offers 1,125 sq. ft. (25’ x 45’) of quality-built space featuring a durable steel roof, concrete floor, R-44 ceiling insulation, R-19 wall insulation, natural gas heat, 100-amp electrical service with a 16-circuit panel, roughed-in plumbing for a future bathroom, a steel entry door, and an oversized 14’ x 14’ overhead door for easy access. The interior is ready for your vision. Finish it your way with upgrades such as a mezzanine, additional plumbing, custom cabinetry, workspace, or storage systems. Whether you need a place to work, play, or protect your investments, this flex space offers the freedom to create a secure, personalized space that fits your needs today—and grows with you tomorrow.
Directions
Head north on N. Lakeshore Dr. (Hwy. 61), turn left onto Goodhue County Rd. 5 (Grant St.), then turn left onto N. 10th St. Continue to 1200 N. 10th St. The property will be on the left

Accessible

None
Yes

Amenities Shared

Security Building
Yes

Construction Status

Previously Owned
Yes

Exterior

Metal
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Parking Characteristics

Parking Lot
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Separate
Yes

CMU Style

Business Opportunity
Yes
Industrial
Yes
Mixed Use
Yes
Office
Yes
Storage Unit
Yes

Current Use

Vacant
Yes

Potential Use

Office
Yes
Professional
Yes
Shop
Yes
IDX
Listing Office: Lakeshore Real Estate Krage &
Last Updated: July - 11 - 2026
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