Lake City, MN Restaurants for sale

Updated: Jul 27

Historic Bar and Banquet Building

100 S Washington Street, Lake City, MN 55041

$374,900

0.07 AC lot

1892 brick building on a 0.07‑acre corner site
Main‑floor bar with second‑floor banquet space
Converted from a bank to bar and banquet use in 1978
One block from the Lake City Marina on Lake Pepin
Located at South Washington Street and Lyon Street

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Updated: Jul 29

Historic Brick Bar Building

100 S Washington St, Lake City, MN 55041

$374,900

7,250 sqft

7,250‑square‑foot brick building constructed in 1892
Oak craftsmanship reflects the building’s original construction
Two‑level configuration with main floor and upper banquet area
Converted to bar and second‑floor banquet use in 1978
Corner location at South Washington Street and Lyon Street

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Restaurant with Event Space

2101 S Highway 61, Lake City, MN 55041

Contact for pricing

35,615 sqft 7.72 AC lot

The operating venue occupies a substantial building on a sizable parcel.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 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, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic 22-Room Hotel

333 Main St W, Wabasha, MN 55981

$599,000

15,385 sqft

Hospitality property combining lodging, dining, an outdoor patio, wine tasting bar, and a separate speakeasy-style bar.

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Historic Hotel with Restaurant

333 Main Street W, Wabasha, MN 55981

$599,000

0.42 AC lot

The hospitality property combines guest rooms, a restaurant, a wine-tasting bar, and a separate basement tavern.

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Hotel with Restaurant and Guest Rooms

201 N Main Street, Alma, WI 54610

$395,000

0.11 AC lot

Eight upstairs accommodations complement a restaurant, bar, patio, and commercial kitchen.

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Mixed-Use Property with Campground

S1582 State Rd 35, Alma, WI 54610

$475,000

A full kitchen and dance hall accommodate restaurant service and private events.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Highway Frontage

100th Street NW, Oronoco, MN 55960

$3,500,000

0.50 AC lot

Unit 7

Estimated value:

$285,000

4,268 sqft

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RESTAURANT

317 Lakeshore Dr, Lake City, MN 55041-1552

Estimated value:

$270,000

2,502 sqft

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BAR, TAVERN

115 Lakeshore Dr, Lake City, MN 55041-1640

Estimated value:

$245,000

1,495 sqft 0.05 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1525 Lakeshore Dr, Lake City, MN 55041

Estimated value:

$355,000

3,434 sqft

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BAR, TAVERN

115 Franklin St, Lake City, MN 55041-1067

Estimated value:

$265,000

6,538 sqft

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RESTAURANT

1900 Clubhouse Dr, Lake City, MN 55041-9203

Estimated value:

$605,000

6,228 sqft 3.69 AC lot

View details

Lake City, MN Restaurants Market Trends and Statistics

Explore 14 restaurants for sale in Lake City, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 42,865 square feet of properties for sale, with an estimated market value of $749,800.

Sale prices for restaurant properties in Lake City, MN average $374,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
55041	$374.9K

Neighborhood

Average Price

55041

$374.9K