115 Lakeshore Dr Lake City, MN 55041-1640
This exceptional opportunity presents the chance to acquire a well-established and fully remodeled bar and building in the charming town of Lake City, Minnesota. Located at 115 S Lakeshore Dr, this 1,495 square foot, single-story Class B building sits on a 0.05-acre lot and boasts a prime location just steps from scenic Lake Pepin. Built in 1900, the property has been meticulously maintained, featuring updated amenities including spotless ceramic tile bathrooms and a spacious basement offering ample storage. The business includes all equipment and inventory, providing a truly turnkey operation. The pub enjoys a loyal customer base, further enhanced by popular weekly pool and dart leagues, fostering a warm, small-town atmosphere. Conveniently situated within easy driving distance of Red Wing, Rochester, and Winona, this business benefits from a strong regional draw. The property is zoned for commercial land and buildings. Financial information is available upon request to qualified buyers. This is an ideal investment for those seeking to expand their portfolio or embark on a new venture in a thriving lakeside community. Asking price is $280,000.
-
TJ's Lakeshore Pub Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.