Lakefront Guest Suite
1127 N Lakeshore Dr Lake City, MN 55041
For Sale
$2,325,000
MULTI_FAMILY - Lake City, MN
Lot Size0.71 Acres
Days on Market51
Property Features for 1127 N Lakeshore Dr
General Information
Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Lot size
0.71 Acres
Building Details
Year built
1985
Listing Agency:
High Point Land Company, LLC
(319) 559-2345
Listed By:
Trevor Glomski
(507) 218-1243
Added: Jun 10
Changed: Jul 26
Last Checked: Jul 30 at 3:06AM
MLS# 11816892
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Investment Insights
Based on property information with market context.
Alaska Guest Suites is an established hospitality property with a lodging mix that includes nine guest suites and two lodge-style units. The lodge-style units offer flexibility for owner occupancy, manager housing, extended-stay guests, and group stays. The property also includes dedicated office space currently utilized by ownership.
Located along the Highway 61 corridor, the accommodations overlook Lake Pepin and are served by municipal water and sewer services. Parking is available on-site, supporting guest arrival and day-to-day operations.
Portions of the original improvements date back to 1985, with a substantial renovation and redevelopment completed in 2003, including interior refurbishment and modifications to the original roofline. In 2008, additional improvements were constructed with the building located at 1115 N Lakeshore Drive. Exterior staining and chinking were completed in 2025. Financial information is available to qualified buyers to support evaluation of the existing operation.
Located along the Highway 61 corridor, the accommodations overlook Lake Pepin and are served by municipal water and sewer services. Parking is available on-site, supporting guest arrival and day-to-day operations.
Portions of the original improvements date back to 1985, with a substantial renovation and redevelopment completed in 2003, including interior refurbishment and modifications to the original roofline. In 2008, additional improvements were constructed with the building located at 1115 N Lakeshore Drive. Exterior staining and chinking were completed in 2025. Financial information is available to qualified buyers to support evaluation of the existing operation.
Key Highlights
- 1985‑built hospitality property on Highway 61 in Lake City, MN, set on approximately 0.71 acres overlooking Lake Pepin
- 9 guest suites plus 2 lodge‑style units with panoramic Lake Pepin views
- 2003 renovation included complete interior refurbishment and modification of the original roofline
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Hotel - Hospitality property with nine guest suites and two lodge-style units overlooking Lake Pepin, with ample parking and municipal services.
Where is this hotel located?
The property is located at 1127 N Lakeshore Dr Lake City, MN.
What is the asking price?
The asking price for this property is $2,325,000.
What are key features of this property?
This property features: 1985‑built hospitality property on Highway 61 in Lake City, MN, set on approximately 0.71 acres overlooking Lake Pepin; 9 guest suites plus 2 lodge‑style units with panoramic Lake Pepin views; 2003 renovation included complete interior refurbishment and modification of the original roofline
