Lake City Homes with Business Opportunity Style

Welcome to Lake City, Minnesota—a hidden gem nestled in the heart of Wabasha County, where the serene beauty of nature meets the vibrant pulse of a welcoming community. Known for its picturesque landscapes along the banks of the Mississippi River, Lake City offers a unique blend of small-town charm and modern amenities, making it an ideal place to call home.

Imagine waking up each day to breathtaking views of the river and the surrounding bluffs, with easy access to outdoor activities like fishing, boating, and hiking. Lake City boasts a rich history, evident in its quaint downtown area filled with locally-owned shops, delightful eateries, and cultural attractions that celebrate the town’s heritage. With a strong sense of community and a calendar full of local events, residents enjoy a lifestyle that is both relaxed and engaging.

For those looking to invest in their future, Lake City presents an exciting opportunity with homes that come with business potential. Whether you’re interested in starting a cozy bed and breakfast, a vibrant café, or a boutique shop, the properties available in this charming town are perfect for entrepreneurs. Many of these homes are strategically located in high-traffic areas, ensuring visibility and accessibility for your business venture.

With a supportive local government and a growing population, Lake City is ripe for development. Embrace the opportunity to live where you work, and immerse yourself in the thriving community that Lake City has to offer. Your dream home and business await in this enchanting riverside town!

Newest Lake City Homes with Business Opportunity Style

$389,900

7116519 MLS

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.

100 S Washington Street, Lake City

Listing courtesy of RE/MAX Results.

$140,000

7107565 MLS

Lifestyle. Storage. Endless Possibilities. Now offering two premium flex space storage condos-a rare opportunity to own a versatile space designed to fit your lifestyle. Whether you’re looking for a secure place to store your boat, RV, car collection, recreational vehicles, business equipment, or seasonal toys, this versatile space is ready to make it happen. Create the ultimate workshop, private office, hobby space, or even the perfect man cave—the choice is yours. Each unit offers 1,125 sq. ft. (25’ x 45’) of quality-built space featuring a durable steel roof, concrete floor, R-44 ceiling insulation, R-19 wall insulation, natural gas heat, 100-amp electrical service with a 16-circuit panel, roughed-in plumbing for a future bathroom, a steel entry door, and an oversized 14’ x 14’ overhead door for easy access. The interior is ready for your vision. Finish it your way with upgrades such as a mezzanine, additional plumbing, custom cabinetry, workspace, or storage systems. Whether you need a place to work, play, or protect your investments, this flex space offers the freedom to create a secure, personalized space that fits your needs today—and grows with you tomorrow.

1200 N 10th Street, Lake City

Listing courtesy of Lakeshore Real Estate Krage &.

$2,500

7083226 MLS

Discover this turn-key business opportunity located on one of Lake City’s most traveled roads. This attractive building space is currently set up for food service and it requires little to no work to get started. The building comes well equipped with a full commercial kitchen, a beautiful bar, a dining room complete with tables and chairs, and two ADA compliant restrooms. There’s also space for outdoor seating and there’s a dedicated parking lot for patrons and guests. This property is a local hot spot with a laid-back atmosphere, providing the perfect foundation for your next business venture!

800 W Lyon Avenue, Lake City

Listing courtesy of Lakeshore Real Estate Krage &.

$929,000

1 Baths ⋅ 6778031 MLS

Best Views of Lake Pepin & the Mississippi River, and the Lake City Marina. Centrally located downtown Lake City & 1 block from the Lake City Marina. This is such a breath taking property that must be seen in person to appreciate it's unique Character and Charm. This 125 year old building has been 100 percent professionally renovated from the ground up, above and beyond what may have been required or recommended by any other contractor or inspection. The craftmanship and attention to detail are endless! Lots of Opportunity to grow and no HOAs!! Won't last long! Call for a viewing today.

119 S Washington Street, Lake City

Listing courtesy of Dwell Realty Group LLC.

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