$185,000

Lake City MN 55041

Great opportunity to live and work in downtown Lake City in great location with views of Lake Pepin from the apartment upstairs! This unique property is downtown Lake City right by the marina, shops, coffeehouse and more! Enjoy to the fullest what Lake City has to offer! Move-in ready 2 bedroom apartment with beautiful kitchen, living areas, outside balcony at the back, laundry and views of the lake! On the main floor, the retail space is currently rented out and is a great space with income potential! Live upstairs while running your business out of the retail space, or run your business and rent out the apartment! Rent out both spaces if you chose! Many different ways to optimize this property! Enjoy this location as Lake City comes to life in the spring, summer and fall!

Additional Details

Year Built:	1920
Living Area:	2160 sf
Bedrooms:	2
Bathrooms:	2
Acres:	0.03 Acres
Lot Dimensions:	18x80
School District:	813
Subdivision:	Lake City
County:	Wabasha
Taxes:	$2,692
Taxes With Assessments:	$2,692
Tax Year:	2025

Waterfront Details

Water Body Name:	Mississippi River
Waterfront Features:	Lake View
Waterfront Road:	Y

Room Details

Bedroom:	Upper Level
Kitchen:	Upper Level
Laundry:	Upper Level
Living Room:	Upper Level
Bedroom 2:	Upper Level

Additional Features

Basement: Full
Cooling: Central Air
Fuel: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Status

Active
2026-05-20 04:48:11 Date Listed
2026-05-20 09:50:12 Last Update
2026-05-19 12:12:17 Last Photo Update
218 miles from our office

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Listed By : Schurhammer Real Estate, LLC

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MLS 7077150 Lake Home (Active)