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Lake City, MN Restaurants for Sale

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Lake City Landmark For Sale
$395,000
0.07 Acres

Lake City Landmark For Sale

100 S Washington St, Lake City, MN 55041

Well-maintained commercial building in downtown Lake City, Minnesota.

  • Prime location in downtown Lake City, one block from Lake Pepin and the Lake City Marina, attracting both locals and tourists.
  • Well‑maintained, historic brick building constructed in 1892, featuring original oak craftsmanship.
  • Established business location (Old Bank Bar & Grill & Banquet Room) with a successful 45‑year operating history (1980‑2025).
  • Spacious main floor and upper‑level banquet space with large windows, offering versatile options for future business endeavors.
  • Durable construction materials: Block, Brick, and Concrete exterior with a Rubber roof.
Updated: Jan 2
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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Lake City, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant, Bar, Event Venue, Campground
$575,000
2.27 Acres

Restaurant, Bar, Event Venue, Campground

Turnkey restaurant, bar, event venue, and campground in Alma, WI.

S1582 State Road 35, Alma, WI 54610
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Charming Commercial Property with Gardens
$389,000
0.11 Acres

Charming Commercial Property with Gardens

Unique commercial property with coffee shop, antique shop, and gardens.

305 N Main St, Alma, WI 54610
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Established Restaurant with Apartment Income
$295,000
2,921 SF

Established Restaurant with Apartment Income

Restaurant with loyal customers and additional apartment income.

200 S Main St, Pine Island, MN 55963
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Mixed-Use Property in Pine Island
$490,000
9,847 SF

Mixed-Use Property in Pine Island

Versatile mixed-use property with office, restaurant, and warehouse spaces.

301 North Main St, Pine Island, MN 55963
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Explore Off-Market Properties in Lake City, MN

Consider similar Off-Market properties in Lake City, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

821 Lakeshore Dr

821 Lakeshore Dr

DRIVE-THRU RESTAURANT, FAST FOOD • 1,449 SF
Value Estimation
$260,000
821 Lakeshore Dr, Lake City, MN 55041-1122
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1525 Lakeshore Dr

1525 Lakeshore Dr

DRIVE-THRU RESTAURANT, FAST FOOD • 3,434 SF
Value Estimation
$435,000
1525 Lakeshore Dr, Lake City, MN 55041
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1702 Lakeshore Dr, Unit 7

1702 Lakeshore Dr, Unit 7

RESTAURANT • 4,268 SF
Value Estimation
$335,000
1702 Lakeshore Dr, Lake City, MN 55041-9050
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209 Lakeshore Dr

209 Lakeshore Dr

RESTAURANT • 2,329 SF
Value Estimation
$315,000
209 Lakeshore Dr, Lake City, MN 55041-1642
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212 Washington St

212 Washington St

RESTAURANT • 1,535 SF
Value Estimation
$190,000
212 Washington St, Lake City, MN 55041-1036
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115 Franklin St

115 Franklin St

BAR, TAVERN • 6,538 SF
Value Estimation
$295,000
115 Franklin St, Lake City, MN 55041-1067
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115 Lakeshore Dr

115 Lakeshore Dr

BAR, TAVERN • 1,495 SF
Value Estimation
$245,000
115 Lakeshore Dr, Lake City, MN 55041-1640
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1900 Clubhouse Dr

1900 Clubhouse Dr

RESTAURANT • 6,228 SF
Value Estimation by Request
1900 Clubhouse Dr, Lake City, MN 55041-9203
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402 Lakeshore Dr

402 Lakeshore Dr

RESTAURANT • 2,298 SF
Value Estimation
$125,000
402 Lakeshore Dr, Lake City, MN 55041-1760
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317 Lakeshore Dr

317 Lakeshore Dr

RESTAURANT • 2,502 SF
Value Estimation
$240,000
317 Lakeshore Dr, Lake City, MN 55041-1552
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310 Washington St

310 Washington St

RESTAURANT • 3,523 SF
Value Estimation
$255,000
310 Washington St, Lake City, MN 55041-1038
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Lake City, MN Restaurants Investment Opportunities Market Analysis

Explore 12 restaurants for sale in Lake City, MN on our real estate platform. These investment opportunities span a total of 19,356 square feet of properties for sale, with an estimated market value of $1,240,000.

Prices for restaurant properties in Lake City, MN start at $100,000, averaging $248,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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