Multi-Office Building with
For Sale
$375,000
108 W Center Street, Lake City, MN 55041
Two-story office property with conference, break, and storage areas.
Property Size9,462 SF
Price / SF$39.63
Days on Market142
Property Features for 108 W Center Street
General Information
Standard status
Active
Size
9,462 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Office Units
10
Taxes and HOA fees
Annual Taxes
$11,802
Amenities
handicap accessible bathrooms
conference room
break room
work area
storage
Building Details
Building Size
9,462 SF
Year Built
1973
Buildings
1
Stories
2
Units
10
Listing Agency:
Schurhammer Real Estate, LLC
(507) 251-1666
Listed By:
Diane Schurhammer
(507) 251-1666
Source:
Juverealestate
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 31 at 5:13PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schurhammer Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1973, this 9,462-square-foot office building provides a multi-level workspace with a combination of private offices and shared areas. The main floor includes seven offices, two handicap-accessible bathrooms, a conference room, a work area for copying and project preparation, and a community break room. Three additional offices, cubicle space, and a bathroom occupy the second floor. A full unfinished basement adds storage capacity for files, inventory, and supplies.
The two front offices feature large street-facing windows along the sidewalk. The property is in downtown Lake City, near Lake Pepin and surrounding shops and restaurants, and is zoned Business/Commercial. The existing layout supports a range of office configurations, including space for an owner-user and additional occupants, as described by the current arrangement.
The two front offices feature large street-facing windows along the sidewalk. The property is in downtown Lake City, near Lake Pepin and surrounding shops and restaurants, and is zoned Business/Commercial. The existing layout supports a range of office configurations, including space for an owner-user and additional occupants, as described by the current arrangement.
Key Highlights
- 9,462‑square‑foot office building built in 1973
- 10 total offices across the main and second floors
- Two handicap‑accessible bathrooms on the main floor
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
Location Intelligence
Trade Area within ½ mile
333
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-story office property with conference, break, and storage areas.
Where is this office building located?
The property is located at 108 W Center Street Lake City, MN.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 9,462‑square‑foot office building built in 1973; 10 total offices across the main and second floors; Two handicap‑accessible bathrooms on the main floor
