100 S Washington Street Lake City, MN $ 374,900
100 S Washington Street
$ 374,900
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100 S Washington Street

Lake City, MN, 55041
$ 374,900
Bedrooms-- Baths-- Sq 7,250

Monthly Estimate*

$ 2,589

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Commercial Property for sale in Lake City, MN

for $374,900. This 7,250 square foot building was built in 1892 on a lot size of 0.07.

A Lake City Landmark Is For Sale! After more than four decades in Business, the owners of the Old Bank Bar & Grill & Banquet Room are retiring and selling their beloved and well-maintained building located on the corner South Washington and Lyon Street in charming downtown Lake City, MN. Just one block up from the Lake City Marina on beautiful Lake Pepin this location is a hot spot for both local residents and tourists! Formerly Lake City Bank, this lovely brick building, which was constructed in 1892, using oak craftsmanship from this bygone era, was converted to a bar and a second-floor banquet space in 1978. The current owners opened in February of 1980 and operated the business until closing in 2025. With big windows, the ambiance of this spacious main floor and upper level banquet space provides many options for future endeavors.

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Commercial Active

Price

$ 374,900

Property Type

Commercial

Taxes

$ 6,042

Style

Lot Size

0.07

Year Built

1892

Town/City

Lake City

County/Region

Wabasha

MLS | Web ID

7116519

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Age 8 Years or Less Rubber
Garage Spaces 0
Construction Materials Block Brick Concrete
Year Built 1892
Levels Two
Tax Year 2025
Current Use Food Service Restaurant Bar/Tavern
Accessibility None
County Wabasha
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Lake City
Directions Highway 61 to Lake City East on E Lyon Ave for one block corner property at S Washington St & E Lyon Ave.
City Lake City
High School District Lake City
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6042
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=61sUpxnLxLS&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors Natural Woodwork Tile Floors
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Interior
Basement Block Full Unfinished
Basement (Y/N) Y
Fuel Electric Natural Gas
Garage Square Feet 0
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Exterior
Fencing None
Parking Features On-Street Parking Only
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.07
Building Area Total 7250
Lot Dimensions 44x50x63x62
Waterfront Y/N N
Foundation Area 3000
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 100
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* Excluded Features
List By
Re/Max Results

Broker

steve.casalenda@results.net

Email

Affordability Calculator

$3,093
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,589
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
709452 Elementary School
709308 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2026$374,900 -3.85% Price Down
7/27/2026$389,900 Listed Price

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100 S Washington Street, Lake City, MN, 55041 is a Commercial Property for sale at $374,900 with 7,250 sqft and a lot size of 0.07. 100 S Washington Street was built in 1892. The property's zip code is 55041 which is in Lake City, MN