Discover this turn-key business opportunity located on one of Lake City’s most traveled roads. This attractive building space is currently set up for food service and it requires little to no work to get started. The building comes well equipped with a full commercial kitchen, a beautiful bar, a dining room complete with tables and chairs, and two ADA compliant restrooms. There’s also space for outdoor seating and there’s a dedicated parking lot for patrons and guests. This property is a local hot spot with a laid-back atmosphere, providing the perfect foundation for your next business venture!
Discover an exceptional opportunity to own a thriving business in downtown Lake City, just a short stroll from scenic Lake Pepin. This business has been fully remodeled and updated, offering a complete package that includes the business, building, equipment, and inventory—ready for you to take the reins. This inviting tavern boasts a warm, small-town atmosphere with popular weekly pool and dart leagues that draw a loyal customer base. The property is meticulously maintained, featuring spotless ceramic tile bathrooms and basement with ample storage. Conveniently located within easy driving distance of Red Wing, Rochester, and Winona, this business is ideally positioned for continued success. Whether you’re looking to expand your investment portfolio or start a new venture, this opportunity is primed for growth.
Discover an exceptional opportunity to purchase and or lease space in a well-built commercial property that caters to a wide range of business needs. This property features metal frame construction with extremely versatile spaces including professional offices, conference rooms and warehouse space. Building is set up with separate heating sources and meters for each unit. Shared amenities include bathrooms, a lunch room, and convenient entrances. Ample asphalt parking surrounding the building, providing plenty of parking for tenants and visitors. High visibility on 7th Street with excellent signage potential. There are currently 4 units varied in size that are available for lease. This property offers the flexibility to customize the space to meet your specific business requirements. Whether you need a professional office, open warehouse, or a mix of both, this property offers the flexibility to customize the space that can accommodate your needs. Don't miss out on the chance to establish or expand your business in this prime location. Contact us today to schedule a tour and secure your lease! Leasable Spaces: Suite A 3305 SF Suite B 530 SF Suite C 1590 SF Suite D 1001 SF Lease Rates: $11 psf + NNN
The median home value in Lake City, MN is $295,000. This is higher than the county median home value of $251,000. The national median home value is $338,100. The average price of homes sold in Lake City, MN is $295,000. Approximately 64.13% of Lake City homes are owned, compared to 23.1% rented, while 12.77% are vacant. Lake City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake City real estate agent to arrange a tour today!
Lake City, Minnesota has a population of 5,120. Lake City is less family-centric than the surrounding county with 25.57% of the households containing married families with children. The county average for households married with children is 29.88%.
The median household income in Lake City, Minnesota is $65,652. The median household income for the surrounding county is $70,603 compared to the national median of $69,021. The median age of people living in Lake City is 50.1 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 33.2 inches per year, with 42.3 inches of snow per year.