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Lake City, MN Hotels for Sale

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Stockholm, WI Frontenac, MN Pepin, WI Red Wing, MN Wabasha, MN Plum City, WI Maiden Rock, WI Arkansaw, WI
Lakefront Guest Suite Property
Updated: Jun 10
Lakefront Guest Suite 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
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Corner Mixed-Use Income Property
Corner Mixed-Use Income Property

828 5th Ave S, La Crosse, WI 54601

$675,000
0.48 AC lot

Corner commercial building operated as Ye Old Style Inn with an apartment above and multiple residential rental units on 0.48 acres.

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Riverfront Hospitality Asset with Redevelopment Potential
Riverfront Hospitality Asset with Redevelopment Potential

1 River Bend Pl, Chaska, MN 55318

Contact for pricing
72,578 sqft

Riverfront property in downtown Chaska with redevelopment potential.

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Chaska Hospitality Property For Sale
Chaska Hospitality Property For Sale

1 Oak Ridge Dr |, Chaska, MN 55318

Contact for pricing
171 sqft

Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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Full-Service Riverfront Hotel with Skyway
Full-Service Riverfront Hotel with Skyway

200 Harborview Plaza, La Crosse, WI 54601

Contact for pricing

163-room full-service hotel directly connected to the La Crosse Convention Center via an enclosed skyway.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Development Land with IDD Zoning
Commercial Development Land with IDD Zoning

21133 775th St, Albert Lea, MN 56007

$975,000
6.50 AC lot

6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

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Commercial Development Land Parcel
Commercial Development Land Parcel

101 Morris Avenue, Hinckley, MN 55037

$799,000
9.20 AC lot

Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

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Commercial Development Land Lot
Commercial Development Land Lot

N 2nd Avenue, Waite Park, MN 56387

$309,900
0.88 AC lot

Nearly an acre of commercial land with strong intersection exposure on 2nd Avenue North in Waite Park.

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6.93 Acres in Galena, IL
6.93 Acres in Galena, IL

US HWY 20 W lot: 1, Galena, IL 61036

$1,132,000
6.93 AC lot

6.93 acres near Gateway Park with city utilities.

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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.

1515 Lakeshore Dr
HOTEL/MOTEL

1515 Lakeshore Dr, Lake City, MN 55041-9022

$750,000
Estimated value
4,460 sqft
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1615 Lakeshore Dr
HOTEL/MOTEL

1615 Lakeshore Dr, Lake City, MN 55041-9023

$1,000,000
Estimated value
24,978 sqft
View details

Lake City, MN Hotels Market Trends and Statistics

Explore 3 hotels for sale in Lake City, MN on our real estate platform.

Sale prices for resorts in Lake City, MN average $2,325,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

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 $2.3M

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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