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221 N 9th Street Lake City, MN $ 650,000
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$ 650,000 Get more info
221 N 9th Street
$ 650,000
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221 N 9th Street

Lake City, MN, 55041
$ 650,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,489

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Commercial Property for sale in Lake City, MN

for $650,000. This building was built in 1996 on a lot size of 0.96.

Premier flex building with an auto shop and prime storage space in Lake City, Minnesota. This multi-tenant property has been updated over the years with HVAC, an office build-out, separate utilities, and renovated restrooms. The building features three 12' x 14' overhead garage doors and 16' ceiling heights. Ideal for a growing business: operate out of one suite while collecting rental income from the tenant in the other. Suite A (2,275 SF) is currently occupied by a month-to-month tenant and will be available for lease in 2027.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 9,896

Style

Lot Size

0.96

Year Built

1996

Town/City

Lake City

County/Region

Wabasha

MLS | Web ID

7159968
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 3
Year Built 1996
Tax Year 2026
Current Use Commercial
Accessibility No Stairs External
County Wabasha
New Construction N
Property Type Commercial Sale
Contingency None
Directions From Hwy 61 / Lakeshore Dr: Turn North onto N 9th St. Property is located on the left side (west side) of the street between E D St and E Marion St.
City Lake City
High School District Lake City
Zoning Description Industrial
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 9896
Additional Parcels Y/N N
Standard Status Active
Lender Owned Not Disclosed
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Other
Lot Size Area 0.96
Lot Dimensions 261x214x274x197
Waterfront Y/N N
Foundation Area 6732
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 221
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* Excluded Features
List By
Realty Growth Inc.

Broker

bucky@rgi-group.com

Email

Affordability Calculator

$5,314
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$825
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/14/2026$650,000 Listed Price

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221 N 9th Street, Lake City, MN, 55041 is a Commercial Property for sale at $650,000 with a lot size of 0.96. 221 N 9th Street was built in 1996. The property's zip code is 55041 which is in Lake City, MN

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