MLS: #7077150, Listed By: Jay Stephan, Schurhammer Real Estate, LLC, Source:FargoMoorhead Area Association of REALTORS
118 S Washington Street
Lake City, MN 55041
2
Bed
2
Bath
2,160Sqft
0.03Acre(Lot)
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!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 2Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 5 Has Basement: Yes Basement: Full -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1920 Building Area Total: 3240 Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 18x80 Main Square Feet: 0.03 Acres Lot Size Acres: 0.03 Lot Size Square Feet: 1306.8Property Information
Subdivision: Lake City Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 106
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Listing Price Information
Listing Price: $185000
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Tax Information
Parcel Number: R220028800 Annual Tax: $2692
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Parking Information
Off Site, Other
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Location Information
Direction: Hwy 61 to Washington St. to building WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 70744 275th Avenue, Lake City, MN, 55041 | $499,000 | 4 | 1 | 1,632 | 1,632 SqFt |
| 71258 285th Avenue, Lake City, MN, 55041 | $1,100,000 | 5 | 5 | 3,847 | 3,847 SqFt |
| 1329 S Oak Street, Lake City, MN, 55041 | $679,900 | 3 | 3 | 3,170 | 3,170 SqFt |
| 201 S Franklin Street, Lake City, MN, 55041 | $120,000 | 2 | 1 | 840 | 840 SqFt |
| 612 S Oak Street, Lake City, MN, 55041 | $385,000 | 4 | 3 | 2,706 | 2,706 SqFt |
| 621 S Garden Street, Lake City, MN, 55041 | $255,000 | 3 | 2 | 1,942 | 1,942 SqFt |
| 919 Sycamore Street, Lake City, MN, 55041 | $345,000 | 3 | 2 | 2,052 | 2,052 SqFt |
| 311 N Franklin Street, Lake City, MN, 55041 | $360,000 | 3 | 1 | 1,147 | 1,147 SqFt |
| 302 S Prairie Street, Lake City, MN, 55041 | $225,000 | 2 | 3 | 1,392 | 1,392 SqFt |
| 118 W Chestnut Street, Lake City, MN, 55041 | $400,000 | 4 | 2 | 2,350 | 2,350 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 07:15
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