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Lake City, MN

Lake City, MN Commercial Real Estate for Sale

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Stockholm, WI Pepin, WI Frontenac, MN

Lakefront Guest Suite Hospitality Property

Updated: Jun 10

Lakefront Guest Suite Hospitality Property

1127 N Lakeshore Dr, Lake City, MN 55041

$2,325,000

0.71 AC lot

1985‑built hospitality property on Highway 61 in Lake City, MN, set on approximately 0.71 acres overlooking Lake Pepin
9 guest suites plus 2 lodge‑style units with panoramic Lake Pepin views
2003 renovation included complete interior refurbishment and modification of the original roofline
2008 construction of the building at 1115 N Lakeshore Drive added entirely new improvements
Municipal water and sewer services with ample on‑site parking

Lake City Agricultural Land

Updated: Aug 2, 2025

Lake City Agricultural Land

Staehli Park Road, Lake City, MN 55041

$637,500

51.25 AC lot

51.25 acres of mostly agricultural land, ideal for various farming ventures.
Potential for residence on a 13.5 acre parcel with previous approval.
Leased land provides a steady income stream.
Includes 4 Parcel ID numbers: 321200161, 321200150, 320241700, 321200130.
Land currently in pasture or hay.

Versatile Commercial Property on 7th Street

Versatile Commercial Property on 7th Street

1215 N 7th Street, Lake City, MN 55041

$1,500,000

18,000 sqft · 0.96 AC lot

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

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Lake City, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Turnkey Drive-Through Restaurant

Turnkey Drive-Through Restaurant

415 Third Street, Pepin, WI 54759

$250,000

1,500 sqft · 0.39 AC lot

A well-equipped restaurant with comfortable dining space and a convenient drive-through for added service flexibility.

General Commercial

General Commercial

415 Third Street, Pepin, WI 54759

$250,000

1,500 sqft

Drive through restaurants · 1,500 SF

Wabasha Land with Bluff Views

Wabasha Land with Bluff Views

215th Avenue lot: 19, Wabasha, MN 55981

$89,900

3.02 AC lot

Land for sale with panoramic views near downtown Wabasha.

Wabasha Land with Bluff Views

Wabasha Land with Bluff Views

215th Avenue lot: 18, Wabasha, MN 55981

$89,900

2.75 AC lot

Land for sale with Mississippi and Wisconsin bluff views.

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.

COMMERCIAL (GENERAL)

106 Lyon Ave, Lake City, MN 55041-1014

Value Estimation by Request

1,845 sqft · 0.06 AC lot

WAREHOUSE, STORAGE

924 7th St, Lake City, MN 55041-1257

Value Estimation by Request

3,672 sqft · 0.33 AC lot

2824 Oakhurst Dr

COMMERCIAL (GENERAL)

2824 Oakhurst Dr, Lake City, MN 55041-1951

Value Estimation by Request

2240 Clubhouse Dr

COMMERCIAL (GENERAL)

2240 Clubhouse Dr, Lake City, MN 55041-4923

Value Estimation by Request

0.42 AC lot

1511 Wildwood Dr

COMMERCIAL (GENERAL)

1511 Wildwood Dr, Lake City, MN 55041-6111

Value Estimation by Request

COMMERCIAL (GENERAL)

532 Clover Ct, Lake City, MN 55041

Value Estimation by Request

2808 Oakhurst Dr

COMMERCIAL (GENERAL)

2808 Oakhurst Dr, Lake City, MN 55041-1951

Value Estimation by Request

208 Winged Foot Cir

COMMERCIAL (GENERAL)

208 Winged Foot Cir, Lake City, MN 55041-4510

Value Estimation by Request

COMMERCIAL (GENERAL)

30156 715th St, Lake City, MN 55041-5002

Value Estimation by Request

2.06 AC lot

2532 Clubhouse Dr

COMMERCIAL (GENERAL)

2532 Clubhouse Dr, Lake City, MN 55041-4919

Value Estimation by Request

136 Hillwood Dr

COMMERCIAL (GENERAL)

136 Hillwood Dr, Lake City, MN 55041-2209

Value Estimation by Request

2717 Oakhurst Dr

COMMERCIAL (GENERAL)

2717 Oakhurst Dr, Lake City, MN 55041-1952

Value Estimation by Request

2708 Oakhurst Dr

COMMERCIAL (GENERAL)

2708 Oakhurst Dr, Lake City, MN 55041-1952

Value Estimation by Request

0.33 AC lot

140 Medinah W Cir

COMMERCIAL (GENERAL)

140 Medinah W Cir, Lake City, MN 55041-4509

Value Estimation by Request

STORES & APARTMENTS

67011 Hwy 63, Lake City, MN 55041-4908

Value Estimation by Request

2,142 sqft · 12.99 AC lot

1057 Harvest Way

COMMERCIAL (GENERAL)

1057 Harvest Way, Lake City, MN 55041-2218

Value Estimation by Request

0.17 AC lot

COMMERCIAL (GENERAL)

1253 Mounds Ct, Lake City, MN 55041-2245

Value Estimation by Request

0.24 AC lot

COMMERCIAL (GENERAL)

1251 Mounds Ct, Lake City, MN 55041-2245

Value Estimation by Request

0.24 AC lot

COMMERCIAL (GENERAL)

604 Cedar Ct, Lake City, MN 55041

Value Estimation by Request

135 Medinah E Cir

COMMERCIAL (GENERAL)

135 Medinah E Cir, Lake City, MN 55041-4508

Value Estimation by Request

1033 Harvest Way

COMMERCIAL (GENERAL)

1033 Harvest Way, Lake City, MN 55041-2218

Value Estimation by Request

0.18 AC lot

Lake City, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Lake City, MN, showcased through 3 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 Investment

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

Neighborhood	Average Price
55041	$1.5M

Taxes & Financing

Tax Rate (average for all types) 2.19%

Property Tax per SF $19.09 per SF

Tax Rate vs County Average 0.20 pp above county avg

Average Loan-to-Value 65.0%

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Most Searched ZIP Codes in Lake City, MN

55041