One More Wheel is on the Market!! This popular watering hole and family restaurant has been a fixture in Lake City for decades. Previously known as Jalisco’s and the Wagon Wheel, this location has served as the community’s favorite gathering spot for nearly 40 years. It’s always been the place where good food, great conversation, and lifelong friends come together. Now is your chance to take the reins and carry One More Wheel into the next generation. The building is loaded with character and comes with all restaurant trade fixtures included, so you can hit the ground running!
Seize the chance to establish your business in the heart of Lake City's bustling main street! This attractively priced storefront offers unparalleled visibility and access to steady foot traffic, fueled by the popularity of other nearby Businesses like the Quilt Shop, Hardware Store, and Opal Daisy boutique. Lake City is a dynamic, thriving community that comes alive with a variety of events on its charming City Square. From the Betterment Potluck and the lively Chili Cook-Off to the excitement of Rodeo Days, the enchanting Christmas Parade, and a weekly Farmers Market in the summer, your business will enjoy a front-row seat to all the action. Position your venture for success in this prime location, where opportunity meets community energy. Act now to secure your spot in Lake City’s vibrant commercial hub!
Located on the square in Lake City’s charming downtown square, this beautifully restored Carnegie Library offers a unique opportunity to own a piece of history reimagined as a vibrant commercial space. Originally constructed in 1900 with a grant from Andrew Carnegie, this iconic building has been thoughtfully converted into a versatile retail space, previously operating as the Carnegie Café, a beloved restaurant and bar since 2003. The building retains its classic Carnegie architectural details, including high ceilings, large windows, and a stately brick exterior, while featuring extensive interior and exterior renovations completed in 2016 and updated in 2024. Currently configured as a retail space, the property has a proven track record as a successful restaurant and bar, with a themed menu and signature drink list inspired by literary classics. Its layout is adaptable for various business concepts, including office space, retail, dining, or event spaces. The main floor spans 1,833 square feet, offering ample room for customer seating, displays, or operations. A full basement (approximately 1,800 SF) provides additional potential for storage, office space, or a possible conversion into a living area. This property is ideal for entrepreneurs, restaurateurs, or retailers seeking a distinctive venue with a story to tell. Whether you envision a boutique shop, a cozy café, or a lively bar, the Carnegie Library is an unique opportunity in a picturesque small-town.
Albert Wright Page, License B62241000, Xome Inc., License FO5635000, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Listings courtesy of NoCoast 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.
Lake City is located in Iowa. Lake City, Iowa has a population of 1,738. Lake City is less family-centric than the surrounding county with 21.46% of the households containing married families with children. The county average for households married with children is 30.93%.
The median household income in Lake City, Iowa is $55,417. The median household income for the surrounding county is $60,434 compared to the national median of $69,021. The median age of people living in Lake City is 50.9 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 8.5 degrees. The average rainfall is approximately 33.7 inches per year, with 30.6 inches of snow per year.
