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115 S Lakeshore Drive Lake City, MN $ 260,000
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$ 260,000 Get more info
115 S Lakeshore Drive
$ 260,000
Back to search
Share Save

115 S Lakeshore Drive

Lake City, MN, 55041
$ 260,000
Baths0.0 Sq 1,495

Monthly Estimate*

$ 1,816

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Studio

Commercial Property for sale in Lake City, MN

for $260,000. This 1,495 square foot building was built in 1900 on a lot size of 0.05.

Fantastic business opportunity to step right into an already well-established business! Downtown Lake City location...just a couple steps away from Lake Pepin! Totally remodeled and updated with all the bells and whistles! Purchase this total business package including business, building, equipment and inventory! Small-town tavern feel with weekly pool and dart leagues! Neat and clean ceramic tile baths. Totally renovated basement for great storage! Easy commute to Rochester or Twin Cities! Open this door of opportunity!

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Commercial Active

Price

$ 260,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,802

Style

Business

Lot Size

0.05

Year Built

1900

Town/City

Lake City

County/Region

Wabasha

MLS | Web ID

6147577
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1900
Property SubType Business
Tax Year 2023
Current Use Bar/Tavern
Accessibility No Stairs External Partially Wheelchair
County Wabasha
Property Type Commercial Sale
Contingency None
Subdivision Name Lake City
Directions Hwy 61(Lakeshore Dr.) to 115 S. Lakeshore Dr.
City Lake City
Buyer Agent Compensation 2.25
Land Lease Amount 0
High School District Lake City
Zoning Description Business/Commercial
Total Units 1
Street Name Lakeshore
Land Lease Y/N N
Tax Annual Amount 2802
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=Tkt3HCTye7v&mls=1
Days on Market 730
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Concrete Storage Space Unfinished
Basement (Y/N) Y
Street Suffix Drive
Fuel Natural Gas
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Business Inventory
Lot Size Area 0.05
Building Area Total 1495
Lot Dimensions 24x83
Lot Size Units Acres
Foundation Area 1495
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Internal Only
Street Number 1 115
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* Excluded Features
List By
Schurhammer Real Estate, Llc

Broker

diane@homeslakecity.com

Email

Affordability Calculator

$2,050
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709452 Elementary School
709308 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/22/2022$260,000 -8.77% Price Down
2/2/2022$285,000 Listed Price

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115 S Lakeshore Drive, Lake City, MN, 55041 is a Commercial Property for sale at $260,000 with 1,495 sqft and a lot size of 0.05. 115 S Lakeshore Drive is a studio with 0.0 baths and was built in 1900. The property's zip code is 55041 which is in Lake City, MN

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