Downtown Office
For Sale
$375,000
108 W Center Street, Lake City, MN 55041
Office building with multiple private offices, conference space, and handicap-accessible restrooms across main and second floors.
Property Size9,462 SF
Days on Market133
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
Building Details
Building Size
9,462 SF
Year Built
1973
Stories
2
Units
10
Listing Agency:
Schurhammer Real Estate, LLC
(507) 251-1666
Listed By:
Diane Schurhammer
(507) 251-1666
Source:
Ivyrealestategroup
Added: Apr 13
Changed: Aug 23
Last Checked: Aug 23 at 6:35AM
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.
This downtown office building is currently configured for office use with seven offices on the main floor, including two handicap-accessible bathrooms. The layout also includes a large conference room, a sizable work area for project and presentation work, and a community break room. The two front offices feature large windows facing the street and sidewalk for business visibility.
The second floor offers three additional offices plus extra cubicle space and another bathroom. A full, unfinished basement provides storage for files, extra inventory, and supplies.
The property is in a busy downtown setting in Lake City, with proximity to Lake Pepin and nearby downtown shops and restaurants.
The second floor offers three additional offices plus extra cubicle space and another bathroom. A full, unfinished basement provides storage for files, extra inventory, and supplies.
The property is in a busy downtown setting in Lake City, with proximity to Lake Pepin and nearby downtown shops and restaurants.
Key Highlights
- Main floor features 7 private offices plus a large conference room and community break room.
- Two handicap‑accessible bathrooms on the main floor.
- Second floor offers 3 additional offices, plus extra cubicle space and a bathroom.
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 - Office building with multiple private offices, conference space, and handicap-accessible restrooms across main and second floors.
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: Main floor features 7 private offices plus a large conference room and community break room.; Two handicap‑accessible bathrooms on the main floor.; Second floor offers 3 additional offices, plus extra cubicle space and a bathroom.
