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$949,000

  • For Sale
  • Active
  • Commercial
  • 4,760 Sq. Ft.
  • 0.01 Acres
  • Updated 9 days ago
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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.

Full Property Details for 119 S Washington St

General

  • Price: $949,000
  • Taxes: $2,740 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6778031
  • Updated: 1/9/2026
  • Added to Site: 146 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 1

Exterior

  • Porch/Patio/Deck: Patio, Terrace

Parking

  • Garage: Yes
  • Garage Spaces: 1.5
  • Parking Features: Insulated Garage, Parking Lot, Paved Lot, Tuckunder Garage

Location

  • County: Wabasha
  • Township: Lake City
  • Subdivision: Lake City
  • Driving Directions: Next to Foward Bank and Dollar Store downtown

School Information

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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 4760
  • Roof: Composition, Flat
  • Disability Access: None
  • Square Feet: 4,760
  • Finished Down/Base.: 4,760 Sq. Ft.
  • Current Bldg. Use: Commercial, Office, Other, Residential, Retail
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.01
  • Lot Dimensions: 34 x 70
  • Frontage: City Street, Sidewalks
  • Potential Use: Office, Other, Retail, Diversified
  • Zoning: Business/Commercial

Water Features

  • Water Front Desc.: Lake View
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $2,740
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: SECT-04 TWP-111 RANGE-012 LAKE CITY PT LOTS 7 & 8 BLK 10 DESC AS: BEG AT SW COR OF SE1/2 LOT 8 BLK 10 TH S48DEG49'1"E 33.82' TH N41DEG2'1"E 70.38' TH N48DEG55'24"W 33.37' TO NW LIN SE1/2 LOT 8 TH S41DEG23'43"W 70.32' TO POB
  • Inclusions: Building
  • Property ID: R220024400

Listed by Dwell Realty Group LLC

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Listing agent

— 119 S Washington St —

  • Dwell Realty Group LLC

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NMLS#: 1598647

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

Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

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

Schools serving 119 S Washington St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61.1 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 119 S Washington St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$949,000
-1.04%
MLS
8/25/2025
Listed
$959,000
32.28%
MLS
10/04/2024
Sold
$725,000
—
Public Record
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 119 S Washington St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,740
-4%
$438,600
387%
2024
$2,844
—
$90,000
-45%
2023
$2,844
-47%
$163,700
8%
2021
$5,316
2%
$151,300
-10%
2023
$5,198
-2%
$169,000
15%
2021
$5,316
-2%
$146,400
—
2020
$5,432
1%
$146,400
5%
2019
$5,404
—
$139,000
1%
2017
$5,416
-3%
$138,200
100%
2015
$5,576
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dwell Realty Group LLC

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119 S Washington Street, Lake City, MN 55041 (MLS# 6778031) is a Commercial property. 119 S Washington Street is currently listed for $949,000 and was received on August 25, 2025. Want to learn more about 119 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.

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