Multi-Office
For Sale
$375,000
108 W Center Street, Lake City, MN 55041
Commercial Sale, Lake City, MN
Property SizeContact for details
Lot Size0.08 Acres
Days on Market139
Property Features for 108 W Center Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial
Parking features
On Street
Exterior features
Brick/Stone, Stucco
Accessibility
Accessible Approach with Ramp
Subdivision
L C Fed S & L Assn Sub
High school district
Lake City
Directions
Hwy 61 to W Center St to building.
Standard status
Active
APN
R220037506
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
11802
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
conference room
break room
work area
handicap accessible bathrooms
cubical space
storage
Building Details
Year built
1973
Roof type
Flat
Listing Agency:
Schurhammer Real Estate, LLC
(651) 345-2171
Listed By:
Diane Schurhammer
(651) 345-5667
Added: Apr 13
Changed: Aug 27
Last Checked: Aug 29 at 3:06PM
MLS# 7052965
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.
Investment Insights
Based on property information with market context.
This office building provides a flexible two-level layout with seven main-floor offices, two front rooms featuring large street-facing windows, a conference room, copy and project work area, community break room, and two accessible bathrooms. The upper level adds three offices, cubicle space, and another bathroom. An unfinished full basement supplies additional storage for files, inventory, and office materials.
Built in 1973, the property has brick and stucco exterior finishes, a flat roof, forced-air heating, central air, and an accessible approach with ramp. On-street parking is available. The building is situated in downtown Lake City near Lake Pepin, downtown shops, and restaurants, with the front offices oriented toward the street and sidewalk.
Built in 1973, the property has brick and stucco exterior finishes, a flat roof, forced-air heating, central air, and an accessible approach with ramp. On-street parking is available. The building is situated in downtown Lake City near Lake Pepin, downtown shops, and restaurants, with the front offices oriented toward the street and sidewalk.
Key Highlights
- Seven main‑floor offices plus three additional offices upstairs
- Two accessible bathrooms on the main floor and one upper‑level bathroom
- Full unfinished basement for file, inventory, and supply storage
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
Location Intelligence
Trade Area within ½ mile
378
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-level office property with private rooms, collaborative areas, accessible restrooms, and unfinished basement storage.
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: Seven main‑floor offices plus three additional offices upstairs; Two accessible bathrooms on the main floor and one upper‑level bathroom; Full unfinished basement for file, inventory, and supply storage
