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    100 S Washington St Lake City, MN 55041

    Sponsored
    For Sale
    $395,000

    Commercial - Lake City, MN

    Lot size:
    0.07 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 100 S Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    R220028100
    Exterior features
    Brick/Stone
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Hot Water (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1892
    Flooring type
    Carpet, Tile, Wood
    Building materials
    Block, Brick, Concrete
    Roof type
    Rubber
    Architectural style
    Other

    RE/MAX Results (952) 829-2900 [email protected]

    Listing agent Steve Casalenda (952) 829-2900

    Listing date Jan 2, 2026

    MLS# 6752187 Listing URL

    Copyright © 2026 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lake City Landmark For Sale

    A landmark building is available for purchase in Lake City, Minnesota. The property, located on the corner of South Washington and Lyon Street in downtown Lake City, is situated one block from the Lake City Marina on Lake Pepin. Constructed in 1892, the brick building features oak craftsmanship. Originally Lake City Bank, it was converted to a bar with a second-floor banquet space in 1978. The building was operated as the Old Bank Bar & Grill & Banquet Room from February 1980 until closing in 2025. The property is zoned for business and commercial use and is located in Wabasha County. The lot size is 0.07 acres. The spacious main floor and upper-level banquet space offer options for future business endeavors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Old Bank Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Port 104, TJ's Lakeshore Pub, Pepin Manor, Private Estate, Old Bank, Three Cats Inc

    Location Insight

    • Map
    • Local Demand
    City
    Lake City
    County
    Wabasha
    State
    Minnesota
    Longitude
    -92.266093
    Latitude
    44.449663

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    FAQs

    What type of property is this?
    Bar - Well-maintained commercial building in downtown Lake City, Minnesota.
    Where is this bar located?
    The property is located at 100 S Washington St Lake City, MN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - 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).
    (651) 251-4800
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    100 S Washington St Lake City, MN 55041
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    Lake City, MN 55041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 S Washington St Lake City, MN 55041
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