$375,000
108 W Center Street Lake City, MN 55041
For Sale MLS# 7052965
6,308 sq ft Commercial
Details for 108 W Center Street
MLS# 7052965
Description for 108 W Center Street, Lake City, MN, 55041
Great commercial building in busy location in downtown Lake City! Currently used as office space with great proximity to Lake Pepin and surrounding downtown shops and restaurants! Great opportunity to purchase and utilize this property if you work remotely, but want to get out of the house and have a fabulous workspace and capability to rent out the other spaces for an additional income producing opportunity! 7 offices on the main floor with 2 handicap accessible bathrooms, large conference room, large work area for making copies, putting together projects and presentations along with a community break room! The two front offices have large windows to the street and sidewalk for great visibility for your businesses! The second floor consists of 3 more offices along with additional cubical space and a bathroom! The full basement is unfinished and offers great storage for files, extra inventory and supplies!
Listing Information
Property Type: Commercial, Office
Status: Active
Lot Size: 0.08 Acres
Square Feet: 6,308 sq ft
Year Built: 1973
Foundation: 3,154 sq ft
Stories: 2 Stories
Subdivision: L C Fed S & L Assn Sub
Number Of Units Total: 10
Current Use: Commercial,Office,Professional Service,Retail
County: Wabasha
Days On Market: 56
Construction Status: Previously Owned
School Information
District: 813 - Lake City
Interior Features
Accessibility: Partially Wheelchair, Doors 36+, Hallways 42+, No Stairs External, Door Lever Handles
Utilities
Water: City Water/Connected
Sewer: City Sewer - In Street
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Parking Description: On-Street Parking Only, Garage Dimensions - 00, Garage Sq Ft - 0.00
Exterior: Stucco, Brick/Stone
Roof: Flat
Lot Dimensions: 40x84x40x84
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building
Driving Directions
Hwy 61 to W Center St to building.
Financial Considerations
Tax/Property ID: R220037506
Tax Amount: 11802
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Schurhammer Real Estate, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 108 W Center Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 108 W Center Street
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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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