Lake City MN Commercial for Sale

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Type:
Other
Sq.Ft.:
3,248
Status:
Active
Beds:
n/a
Lot size:
0.6 Acres
Year built:
2010
Baths:
MLS#:
6598962

ADDITIONAL INFORMATION

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!

Type:
Other
Sq.Ft.:
1,495
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
6593946

ADDITIONAL INFORMATION

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.

Type:
Office
Sq.Ft.:
18,000
Status:
Active
Beds:
n/a
Lot size:
0.96 Acres
Year built:
2005
Baths:
MLS#:
6583958

ADDITIONAL INFORMATION

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

Type:
Office
Sq.Ft.:
5,554
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1973
Baths:
MLS#:
6525641

ADDITIONAL INFORMATION

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Lake City Real Estate

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.

Lake City Weather

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.

Lake City Real Estate Market Conditions

  • Median sales price

    $295,000
    12.2% change since last quarter
  • # Active listings

    56
    30-day change

Lake City Schools and Demographics

Education near Lake City, MN

Metric City County
High School Graduates 95.49 94.42
College Degree - 2 year 12.26 14.12
College Degree - 4 year 31.96 26.78
Graduate Degree 8.63 6.05
Expenditures per Student 16,872 16,872
Students per Teacher 16.8 16.8

Elementary Schools near Lake City, MN

School Grades Students P/T Ratio ZIP
Bluff View Elementary School PK - 06 684 14.1 55041
Burnside Elementary School 02 - 04 559 16.1 55066
Goodhue Elementary School PK - 06 351 16.9 55027
Sunnyside Elementary School KG - 02 474 16.8 55066
Wabasha-Kellogg Elementary School PK - 06 260 10.9 55981
Zumbrota-Mazeppa Elementary School 03 - 06 360 17 55956

Middle Schools near Lake City, MN

School Grades Students P/T Ratio ZIP
Twin Bluff Middle School 05 - 07 618 15.7 55066
Zumbrota-Mazeppa Middle School 07 - 08 163 20.5 55956

High Schools near Lake City, MN

School Grades Students P/T Ratio ZIP
Goodhue Secondary School 07 - 12 297 17.1 55027
Lincoln Secondary School 07 - 12 582 14.9 55041
Red Wing Senior High School 08 - 12 1,007 17.7 55066
Wabasha-Kellogg Secondary School 07 - 12 297 15.2 55981

Ungraded Schools near Lake City, MN

School Grades Students P/T Ratio ZIP
* MCF-Redwing, Maginnis High School 08 - 12 80 55066
* Pathways Program At Red Wing High S 08 - 12 0 55066
* Tower View Alternative High School 10 - 12 58 10.7 55066
* Zumbrota Mazeppa High School Day PR 09 - 12 0 55956
Reach Programs PK - 12 63 3.7 55066
Red Wing High School Day Program UG - UG 0 55066

Demographics near Lake City, MN

Metric City County
Neighborhood Type Small town
Population 5,120 21,425
Population Density 1,143 41
Median Age 50.1 45.2
People per Household 2.2 2.3
Median Household Income 65,652 70,603
Average Income per Capita 37,440 37,658