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Historic Bar and Banquet Building

100 S Washington Street, Lake City, MN 55041

For Sale
$374,900

Commercial Sale, Lake City, MN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market111

Property Features for 100 S Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Parking features On Street
Subdivision Lake City
Lot features Corner Lot
High school district Lake City
Directions Highway 61 to Lake City, East on E Lyon Ave for one block, corner property at S Washington St & E Lyon Ave.
Standard status Active
APN R220028100
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6042

Utilities

Heating system Oil, Hot Water(Heating)
Cooling system Central Air

Building Details

Year built 1892
Building materials Block, Brick, Concrete
Roof type Rubber
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Steve Casalenda · License MN #20517646
Added: Jul 27 Changed: Oct 16 Last Checked: Nov 14 at 3:06AM
MLS# 7116519

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1892, this brick commercial building occupies a 0.07-acre corner site in downtown Lake City at South Washington Street and Lyon Street. The property includes a main floor formerly operated as a bar and an upper-level banquet area, with large windows and a basement. The building was converted from a bank to its current bar and banquet configuration in 1978.

The property is located one block from the Lake City Marina on Lake Pepin, with on-street parking serving the site. Construction materials include brick, block, and concrete; building systems include hot-water heating with oil fuel and central air conditioning. The roof is rubber. The prior business operated at the property from 1980 until closing in 2025.

Key Highlights

  • 1892 brick building on a 0.07‑acre corner site
  • Main‑floor bar with second‑floor banquet space
  • Converted from a bank to bar and banquet use in 1978

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

LibertyX Bitcoin ATM Atm Old Bank Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Hair Salon Skin Care Clinic Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

356
Businesses Nearby
Well-served
Demand for This Use

Demographics for 55041, MN

7,800
Population
3,825
Households
2
Avg Household Size
49
Median Age
31%
College-Educated
96%
High-School Grad
143.9 sq mi
ZIP Area
54
Density / Sq Mi
$83,673
Median Household Income
$47,845
Median Earnings
$992
Median Rent
$265,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Three Cats Inc — 409 n high st, lake city, mn 55041
  • Old Bank — 100 S Washington St, Lake City, MN 55041
  • Port 104 — 104 N Washington St, Lake City, MN 55041
  • TJ's Lakeshore Pub — 115 S Lakeshore Dr, Lake City, MN 55041
  • Pepin Manor, Private Estate — 1015 N Lakeshore Dr, Lake City, MN 55041

Frequently Asked Questions

What type of property is this?
Bar & Pub - Two-level brick commercial property with a main-floor bar and second-floor banquet space near Lake City Marina.
Where is this bar & pub located?
The property is located at 100 S Washington Street Lake City, MN.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 1892 brick building on a 0.07‑acre corner site; Main‑floor bar with second‑floor banquet space; Converted from a bank to bar and banquet use in 1978
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