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    Lake City, MN Commercial Real Estate for Sale

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    Stockholm, WI Pepin, WI Frontenac, MN
    Downtown Lake City Commercial Building
    $375,000
    0.08 Acres

    Downtown Lake City Commercial Building

    108 W Center Street, Lake City, MN 55041

    Commercial building in downtown Lake City near Lake Pepin.

    • Prime downtown location in Lake City, near Lake Pepin, shops, and restaurants.
    • Income‑producing potential through renting out office spaces.
    • Main floor features 7 offices, 2 handicap accessible bathrooms, conference room, work area, and break room.
    • Excellent visibility with large front windows in two offices.
    • Second floor includes 3 offices, cubical space, and a bathroom.
    Updated: Apr 13
    View details
    Lake City Landmark For Sale
    $395,000
    0.07 Acres

    Lake City Landmark For Sale

    100 S Washington Street, Lake City, MN 55041

    Well-maintained commercial building in downtown Lake City, Minnesota.

    • Prime location in downtown Lake City, one block from Lake Pepin and the Lake City Marina, attracting both locals and tourists.
    • Well‑maintained, historic brick building constructed in 1892, featuring original oak craftsmanship.
    • Established business location (Old Bank Bar & Grill & Banquet Room) with a successful 45‑year operating history (1980‑2025).
    • Spacious main floor and upper‑level banquet space with large windows, offering versatile options for future business endeavors.
    • Durable construction materials: Block, Brick, and Concrete exterior with a Rubber roof.
    Updated: Jul 9, 2025
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    Versatile Commercial Property on 7th Street
    $1,500,000
    18,000 SF

    Versatile Commercial Property on 7th Street

    Well-built commercial property with flexible office and warehouse spaces.

    1215 N 7th Street, Lake City, MN 55041
    View details
    Lake City Agricultural Land
    $637,500
    51.25 Acres

    Lake City Agricultural Land

    51.25 acres of agricultural land in Lake City, MN.

    Tbd Staehli Park Road, Lake City, MN 55041
    View details
    Based on your search, we've compiled 541 Potential Opportunities for your consideration. Besides 4 Active listings in Lake City, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 533 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historical Commercial Building in Pepin
    $159,000
    0.03 Acres

    Historical Commercial Building in Pepin

    Well-maintained commercial building in downtown Pepin, offered with furnishings.

    411 2nd Street, Pepin, WI 54759
    View details
    Turnkey Liquor Store Opportunity
    $739,900
    0.13 Acres

    Turnkey Liquor Store Opportunity

    Liquor store with real estate, fixtures, and full inventory.

    207 N Main Street, Nelson, WI 54756
    View details
    Mixed-Use Property in Downtown Nelson
    $299,900
    0.23 Acres

    Mixed-Use Property in Downtown Nelson

    Versatile commercial space with residential unit in prime location.

    S101 S Main Street, Nelson, WI 54756
    View details
    Established Restaurant with Drive-Through
    $275,000
    1,500 SF

    Established Restaurant with Drive-Through

    Turnkey restaurant with drive-through in prime location.

    415 Third Street, Pepin, WI 54759
    View details

    Off-Market Properties in Lake City, MN

    Consider similar Off-Market properties in Lake City, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    106 Lyon Ave

    106 Lyon Ave

    COMMERCIAL (GENERAL) • 1,845 SF
    Value Estimation by Request
    106 Lyon Ave, Lake City, MN 55041-1014
    View details
    924 7th St

    924 7th St

    WAREHOUSE, STORAGE • 3,672 SF
    Value Estimation by Request
    924 7th St, Lake City, MN 55041-1257
    View details
    2824 Oakhurst Dr

    2824 Oakhurst Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2824 Oakhurst Dr, Lake City, MN 55041-1951
    View details
    2240 Clubhouse Dr

    2240 Clubhouse Dr

    COMMERCIAL (GENERAL) • 0.42 Acres
    Value Estimation by Request
    2240 Clubhouse Dr, Lake City, MN 55041-4923
    View details
    1511 Wildwood Dr

    1511 Wildwood Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    1511 Wildwood Dr, Lake City, MN 55041-6111
    View details
    532 Clover Ct

    532 Clover Ct

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    532 Clover Ct, Lake City, MN 55041
    View details
    2808 Oakhurst Dr

    2808 Oakhurst Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2808 Oakhurst Dr, Lake City, MN 55041-1951
    View details
    208 Winged Foot Cir

    208 Winged Foot Cir

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    208 Winged Foot Cir, Lake City, MN 55041-4510
    View details
    30156 715th St

    30156 715th St

    COMMERCIAL (GENERAL) • 2.06 Acres
    Value Estimation by Request
    30156 715th St, Lake City, MN 55041-5002
    View details
    2532 Clubhouse Dr

    2532 Clubhouse Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2532 Clubhouse Dr, Lake City, MN 55041-4919
    View details
    136 Hillwood Dr

    136 Hillwood Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    136 Hillwood Dr, Lake City, MN 55041-2209
    View details
    2717 Oakhurst Dr

    2717 Oakhurst Dr

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    2717 Oakhurst Dr, Lake City, MN 55041-1952
    View details
    2708 Oakhurst Dr

    2708 Oakhurst Dr

    COMMERCIAL (GENERAL) • 0.33 Acres
    Value Estimation by Request
    2708 Oakhurst Dr, Lake City, MN 55041-1952
    View details
    140 Medinah W Cir

    140 Medinah W Cir

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    140 Medinah W Cir, Lake City, MN 55041-4509
    View details
    67011 Hwy 63

    67011 Hwy 63

    STORES & APARTMENTS • 2,142 SF
    Value Estimation by Request
    67011 Hwy 63, Lake City, MN 55041-4908
    View details
    1057 Harvest Way

    1057 Harvest Way

    COMMERCIAL (GENERAL) • 0.17 Acres
    Value Estimation by Request
    1057 Harvest Way, Lake City, MN 55041-2218
    View details
    1253 Mounds Ct

    1253 Mounds Ct

    COMMERCIAL (GENERAL) • 0.24 Acres
    Value Estimation by Request
    1253 Mounds Ct, Lake City, MN 55041-2245
    View details
    1251 Mounds Ct

    1251 Mounds Ct

    COMMERCIAL (GENERAL) • 0.24 Acres
    Value Estimation by Request
    1251 Mounds Ct, Lake City, MN 55041-2245
    View details
    604 Cedar Ct

    604 Cedar Ct

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    604 Cedar Ct, Lake City, MN 55041
    View details
    135 Medinah E Cir

    135 Medinah E Cir

    COMMERCIAL (GENERAL)
    Value Estimation by Request
    135 Medinah E Cir, Lake City, MN 55041-4508
    View details

    Lake City, MN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 537 commercial real estate for sale in Lake City, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,000 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for business properties in Lake City, MN start at $1,500,000, averaging $1,500,000, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,532
    Population Growth (5Y) -3.4%
    Median Household Income $83,673
    College Educated 43.3%

    High-Yield Neighborhoods for Strategic Investment

    Identify Lake City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    55041 $726.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.19%
    Property Tax per SF $19.09 per sq ft
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

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