119 S Washington Street, Lake City, MN 55041 (MLS# 6778031)

119 S Washington Street, Lake City, MN 55041

$929,000
Property Type: Commercial Baths: 1 Square Footage: 4,760 Lot Size (sq. ft.): 436 Status: Active
Current Price: $929,000 List Date: 8/26/2025 Last Modified: 10/03/2026

Overview

Description

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.

Listing Details MLS# 6778031

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Road Btwn WF & Home?
Yes
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4760
Garage Stalls
1.5
Lake/Waterfront Name
Mississippi River
For Sale or Lease
For Sale
Acres
0.01
Lot Dimensions
34x70
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer CMU Style: Business Opportunity; Mixed Use; Office Construction Status: Previously Owned Current Use: Commercial; Office; Other; Residential; Retail Exterior: Brick/Stone Flooring: Luxury Vinyl Plank Foundation: Stone Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional; FHA; VA Location Description: Downtown On Site Utilities: Electric Separate Overhead Door Clearance: 0-9 Feet Parking Characteristics: Parking Lot; Insulated Garage; Paved Lot; Tuckunder Garage Potential Use: Diversified; Office; Other; Retail Road Frontage: City Street; Sidewalks Road Responsibility: Public Maintained Road Roof: Composition; Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected Waterfront Type: Lake View

Contract Information

Contingency
None
ListPrice
929000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
119
Street Direction Prefix
S
Street Name
Washington
Street Suffix
Street
Postal City
Lake City
County
Wabasha
State
MN
Zip Code
55041
Complex/Dev/Subdivision
Lake City

Assessments

Tax With Assessments
2740

Building Information

Building Finished SqFt
4760
Building SqFt
4760

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
12
Section#
4
Township#
111

Sale Options

Sale Includes
Building

Unit 1

Unit Number
Yes
Monthly Rent
900
Half Baths
Yes
Total Bathrooms
Yes
Level
Main Level
Unit Total SqFt
780
Leased?
Yes
Lease Expiration Date
2028-03-01

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
2
IDX
Listing Office: Dwell Realty Group LLC
Last Updated: October - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.