$650,000

100 S Washington Street, Lake City, MN 55041


100 S Washington Street Lake City, MN 55041

For Sale MLS# 6171856

6,000 sq ft Commercial

Data current as of {{getLocalTime('2023-03-31T00:15:38Z')}}

Details for 100 S Washington Street

MLS# 6171856

Description for 100 S Washington Street, Lake City, MN, 55041


Seller Will Consider CD Financing.A Lake City Landmark Is For Sale! Located on the main corner in charming Lake City, MN, just one block up from Lake City Marina, The "Old Bank Bar has been the go-to place for both local residents & tourists for more than four decades. Formerly the Lake City Bank, this lovely brick building, which was constructed in 1892, using oak craftsmanship from this bygone era, was converted to a bar & a second-floor banquet space in 1978. The current owner opened this establishment in February of 1980 & has operated this business ever since. The ambiance of this spacious barroom & banquet room is extremely comfortable and inviting. Offering the "Best Burgers West of the Mississippi", this well-loved bar is the place to go after a great day of recreation lake Pepin. Over the years, they have hosted many Dart Leagues, Pool Leagues, Bar Bingo, Bean Bag Tournaments, and, the Epic "Indoor Fishing Tournament." The food menu is simple and prices are very reasonable.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.07 Acres

Square Feet: 6,000 sq ft

Year Built: 1892

Foundation: 3,000 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Lake City

Builder:

Foundation:

Total Units: 1

Current Use: Restaurant,Tavern/Lounge

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Wabasha

Days On Market: 357

HERS Score:

Construction Status: Previously Owned

School Information


District: 813 - Lake City

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring: Carpet,Concrete Slab,Tile

Basement: Unfinished, Full

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Electric Common,Heating Common,Hot Water Common

Other Utilities:

Heating: Hot Water, Boiler, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Roof: Composition, Age 8 Years or Less, Flat

Lot View:

Lot Dimensions: 62 x 44

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Business,Fixture/Equipment,Land, Road Frontage - City, Curbs, Sidewalks, Street Lights

Soil Type:

Tillable Acres:

Driving Directions


Take Highway 61 to downtown Lake City and go East on E Lyon Ave (towards Lake Pepin) one block to the corner of S Washington and E Lyon.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays: Electric,Fuel,Insurance,Janitorial,Maintenance/Repair,Snow,Taxes,Trash,Water/Sewer

Ownership Type:

Tax/Property ID: R220028100

Tax Amount: $6,030

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$650,000 Original Price
$650,000 Current Price
+$0 Total Change
Date Price Change
3/31/2022 10:53 AM $650,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 100 S Washington Street

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

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Contingent and Pending statuses may not be available for all listings