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    Lake City, MN
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    Lake City, MN Hotels for Sale

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    Stockholm, WI Frontenac, MN Pepin, WI Wabasha, MN Plum City, WI Maiden Rock, WI Arkansaw, WI Red Wing, MN
    Hotel With Lodge Units
    Updated: Jun 10
    Hotel With Lodge Units

    1127 N Lakeshore Dr, Lake City, MN 55041

    $2,325,000
    0.71 AC lot
    Nine guest suites and two lodge‑style units
    Approximately 0.71 acres overlooking Lake Pepin
    Located along the Highway 61 corridor
    Municipal water and sewer service with on‑site parking
    Substantial renovation and redevelopment completed in 2003
    View details
    See what stands out in Wabasha County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 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

    Opportunities in Nearby Cities

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

    Historic 22-Room Hotel
    Historic 22-Room Hotel

    333 Main St W, Wabasha, MN 55981

    $599,000
    15,385 sqft

    Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

    View details
    Historic 22-Room Hotel
    Historic 22-Room Hotel

    333 Main Street W, Wabasha, MN 55981

    $599,000
    0.42 AC lot

    Hospitality property combines lodging, restaurant service, a wine tasting bar, and an intimate lower-level bar.

    View details
    Historic Hotel with Restaurant
    Historic Hotel with Restaurant

    201 N Main Street, Alma, WI 54610

    $395,000
    0.11 AC lot

    Hospitality property with dining, bar, guest accommodations, and catering capability in Alma, Wisconsin.

    View details
    Historic Hotel with Restaurant
    Historic Hotel with Restaurant

    201 N Main St, Alma, WI 54610

    $395,000

    Hospitality property combines guest accommodations with a full-service restaurant, bar, patio, and commercial catering capability.

    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.

    1515 Lakeshore Dr
    HOTEL/MOTEL

    1515 Lakeshore Dr, Lake City, MN 55041-9022

    Estimated value:
    $730,000
    4,460 sqft
    View details
    1615 Lakeshore Dr
    HOTEL/MOTEL

    1615 Lakeshore Dr, Lake City, MN 55041-9023

    Estimated value:
    $680,000
    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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