Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$395,000

  • For Sale
  • Active
  • Commercial
  • 7,250 Sq. Ft.
  • 0.07 Acres
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 100 S Washington St

General

  • Price: $395,000
  • Taxes: $6,042 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6752187
  • Updated: 1/2/2026
  • Added to Site: 227 day(s) ago

Interior

  • Flooring: Carpet, Tile, Wood

Additional Information

  • Amenities: Hardwood Floors, Natural Woodwork, Tile Floors

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Wabasha
  • Township: Lake City
  • Subdivision: Lake City
  • Driving Directions: Highway 61 to Lake City, East on E Lyon Ave for one block, corner property at S Washington St & E Lyon Ave.

School Information

  • School District: 2281 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block, Brick, Concrete
  • Basement: Yes
  • Basement Desc.: Block, Full, Unfinished
  • Foundation Size: 3000
  • Roof: Age 8 Years or Less, Rubber
  • Disability Access: None
  • Square Feet: 7,250
  • Finished Down/Base.: 7,250 Sq. Ft.
  • Current Bldg. Use: Food Service, Restaurant, Bar/Tavern
  • Year Built: 1892

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: 44 x 50 x 63 x 62
  • Frontage: City Street
  • Potential Use: Office, Professional Service, Rest/Lounge, Restaurant, Retail, Shop, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot

Financial Considerations

  • Tax Amount: $6,042
  • Tax Year: 2025
  • Terms: Contract for Deed, Conventional, Cash

Disclosures and Reports

  • Legal Description: SECT-04 TWP-111 RANGE-012 LAKE CITY .07 AC NWLY 44' OF NELY 62.5' OF LOT 1 & SWLY 12.5' OF SELY 16' OF NELY 62.5' OF LOT 1 & SWLY 12.5' OF NWLY 4' OF NELY 62.5' OF LOT 2 BLK 15
  • Inclusions: Building
  • Property ID: R220028100

Listed by RE/MAX Results

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 100 S Washington St —

  • RE/MAX Results

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 100 S Washington St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 100 S Washington St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/02/2026
Price Reduced
$395,000
-7.06%
MLS
7/09/2025
Listed
$425,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 100 S Washington St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,042
4%
$320,400
26%
2023
$5,820
—
$255,100
4%
2023
$5,820
-3%
$244,900
11%
2021
$6,030
2%
$221,000
-13%
2023
$5,922
-2%
$255,100
18%
2021
$6,030
-29%
$216,300
-22%
2020
$8,440
129%
$278,700
91%
2019
$3,688
-13%
$146,000
2%
2017
$4,258
-11%
$143,700
100%
2015
$4,774
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 100 S Washington St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Results

Just Listed near 100 S Washington St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1205 Charland Dr, Pepin, WI 54759 - Photo 1 Just Listed
$289,900

1205 Charland Dr  Pepin, WI 54759

  • Single Family
  • Active
  • Updated 14 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,656
    Sq. Ft.
Listed by RE/MAX Results
130 Coulee Way, Wabasha, MN 55981 - Photo 1 Just Listed
$324,900

130 Coulee Way  Wabasha, MN 55981

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,040
    Sq. Ft.
Listed by Lakeshore Real Estate Krage & Associates, LLC.
120 Coulee Way, Wabasha, MN 55981 - Photo 1 Just Listed
$324,900

120 Coulee Way  Wabasha, MN 55981

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath
  • 1,094
    Sq. Ft.
Listed by Lakeshore Real Estate Krage & Associates, LLC.
1782 Cobblestone Ct, Red Wing, MN 55066 - Photo 1 Just Listed
$285,000

1782 Cobblestone Ct  Red Wing, MN 55066

  • Townhouse
  • Active
  • Updated 7 hours ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,530
    Sq. Ft.
Listed by Integrity Realty

Price Reduced near 100 S Washington St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1701 1st St, Pepin, WI 54759 - Photo 1 Price Reduced
-$20,000 (-4.09%)
$469,000

1701 1st St  ##4  Pepin, WI 54759

  • Condo
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,010
    Sq. Ft.
Listed by Keller Williams Integrity WI/MN
140 Coulee Way, Wabasha, MN 55981 - Photo 1 Price Reduced
-$15,000 (-3.75%)
$385,000

140 Coulee Way  Wabasha, MN 55981

  • Single Family
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,328
    Sq. Ft.
Listed by Keller Williams Premier Realty
1025 Majestic St, Wabasha, MN 55981 - Photo 1 Price Reduced
-$10,000 (-2.78%)
$350,000
Open House

1025 Majestic St  Wabasha, MN 55981

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,830
    Sq. Ft.
Listed by Keller Williams Premier Realty
225 E 5th St, Red Wing, MN 55066 - Photo 1 Price Reduced
-$2,000 (-0.87%)
$227,900

225 E 5th St  Red Wing, MN 55066

  • Single Family
  • Active
  • Updated 6 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,712
    Sq. Ft.
Listed by PCH Realty LLC

Recent Sales near 100 S Washington St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

319 N Franklin St, Lake City, MN 55041 - Photo 1 Sold
$361,000

319 N Franklin St  Lake City, MN 55041

  • Single Family
  • Closed
  • 2
    Beds
  • 3
    Total Baths
  • 1,142
    Sq. Ft.
Listed by Lakeshore Real Estate Krage & Associates, LLC.
Sold by Lakeshore Real Estate Krage & Associates, LLC.
620 W Dwelle St, Lake City, MN 55041 - Photo 1 Sold
$392,000

620 W Dwelle St  Lake City, MN 55041

  • Single Family
  • Closed
  • 4
    Beds
  • 3
    Total Baths
  • 2,356
    Sq. Ft.
Listed by Re/Max Results
Sold by Properties Plus
702 N 6th St, Lake City, MN 55041 - Photo 1 Sold
$339,200

702 N 6th St  Lake City, MN 55041

  • Single Family
  • Closed
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,925
    Sq. Ft.
Listed and Sold by Lakeshore Real Estate Krage & Associates, LLC.
900 S Lakeshore Dr, Lake City, MN 55041 - Photo 1 Sold
$410,000

900 S Lakeshore Dr  ##108  Lake City, MN 55041

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,614
    Sq. Ft.
Listed by RE/MAX Results
Sold by Re/Max Results

100 S Washington Street, Lake City, MN 55041 (MLS# 6752187) is a Commercial property. 100 S Washington Street is currently listed for $395,000 and was received on July 09, 2025. Want to learn more about 100 S Washington Street? Do you have questions about finding other Commercial real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

Tour this property