1215 7th St, Lake City, MN 55041-1267

This exceptional Lake City, Minnesota commercial property presents a unique investment opportunity. The 18,000 square foot building, constructed in 2005, sits on a 0.96-acre lot and is classified as a Class B mixed-use property with creative office, distribution, and flex space subtypes. The single-story building features a metal frame construction and offers 18-foot ceilings. Currently configured into four leasable units (ranging from 530 to 3305 square feet), the property provides flexibility for various business needs. Individual heating sources and meters are installed for each unit, promoting efficiency. Shared amenities include restrooms and a lunchroom. Ample asphalt parking is available, and the high-visibility location on 7th Street offers excellent signage potential. The asking price is $1,500,000, translating to $83.33 per square foot. The property is zoned for industrial use and is privately owned. This is a multi-tenant property with no loading docks or dock-high doors. The lease type is modified, and tenant credit is not available. This presents a strong opportunity for investors seeking a versatile and well-located commercial property in a thriving Minnesota market.