Courtesy: Lakeshore Real Estate Krage & Associates, LLC.
651-380-8516
Start 2026 with an Exceptional Investment Opportunity! This versatile 13-acre income-producing property features four residential rental units along with 37+ storage units, offering an excellent rental history and strong, consistent income potential. This property is ideal for investors seeking both stability and growth. Residential unit 1 & 2: Up/down duplex with separate entrances. Main floor unit is 2 bed, 1 bath and has approximately 1028 SQFT of living space. Laundry in unit. Upper level unit has 1 bed, 1 bath, laundry hookups and is approximately 480 SQFT of living space. Residential unit 3: 3 bed, 1 bath mobile home that offers approximately 980 SQFT of living space. Laundry in-unit. Residential unit 4: 3 bed, 2 bath mobile home that offers 1216 SQFT of living space. Laundry in-unit. Private driveway access. STORAGE East building (old hog barn): consist of 18 10x20 cold storage units. Separate driveway access from residential units. Red barn: 10 cold storage units. Separate driveway access from residential properties. Pole shed: 50x80, concrete floor, electricity, and water available. Used for boat/car storage and also offers separate shop space that is currently rented. Additional miscellaneous storage units are located throughout the property. See supplements for info.
Courtesy: Nielson Const & RE Services
507-951-2400
Look at this commercial space on a prime corner lot ion downtown Lake City! Most recently was a restaurant and still has the kitchen in place ready for you to start making money! For the past few years it was open for Breakfast & Lunch but has also operated as a full service Bar and Restaurant. It was operating as a restaurant through September 2025. It was featured on Gordon Ramsey's television show. with seating for aver 120 people and a 25 foot long bar you can make your dreams come true with this extraordinary opportunity!
Courtesy: Dwell Realty Group LLC
507-800-3012
Best Views of Lake Pepin & the Mississippi River, and the Lake City Marina. Centrally located downtown Lake City & 1 block from the Lake City Marina. This is such a breath taking property that must be seen in person to appreciate it's unique Character and Charm. This 125 year old building has been 100 percent professionally renovated from the ground up, above and beyond what may have been required or recommended by any other contractor or inspection. The craftmanship and attention to detail are endless! Lots of Opportunity to grow and no HOAs!! Won't last long! Call for a viewing today.
Courtesy: RE/MAX Results
651-251-4800
A Lake City Landmark Is For Sale! After more than four decades in Business, the owners of the Old Bank Bar & Grill & Banquet Room are retiring and selling their beloved and well-maintained building located on the corner South Washington and Lyon Street in charming downtown Lake City, MN. Just one block up from the Lake City Marina on beautiful Lake Pepin this location is a hot spot for both local residents and tourists! Formerly Lake City Bank, this lovely brick building, which was constructed in 1892, using oak craftsmanship from this bygone era, was converted to a bar and a second-floor banquet space in 1978. The current owners opened in February of 1980 and operated the business until closing in 2025. With big windows, the ambiance of this spacious main floor and upper level banquet space provides many options for future endeavors.
Courtesy: Realty Growth Inc.
507-289-8000
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 3 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. Leasable Spaces: Suite A 3305 SF Suite B1 530 SF Suite C 1590 SF Lease Rates: $11 psf + NNN (NNN) is $3.23 Per Sqft
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 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Lake City is located in Minnesota. 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.
