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$1,500,000

  • For Sale
  • Active
  • Commercial
  • 18,000 Sq. Ft.
  • 0.96 Acres
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Discover an exceptional opportunity to purchase and or lease space in a well-built commercial property that caters to a wide range of business needs. This property features metal frame construction with extremely versatile spaces including professional offices, conference rooms and warehouse space. Building is set up with separate heating sources and meters for each unit. Shared amenities include bathrooms, a lunch room, and convenient entrances. Ample asphalt parking surrounding the building, providing plenty of parking for tenants and visitors. High visibility on 7th Street with excellent signage potential. There are currently 3 units varied in size that are available for lease. This property offers the flexibility to customize the space to meet your specific business requirements. Whether you need a professional office, open warehouse, or a mix of both, this property offers the flexibility to customize the space that can accommodate your needs. Don't miss out on the chance to establish or expand your business in this prime location. Leasable Spaces: Suite A 3305 SF Suite B1 530 SF Suite C 1590 SF Lease Rates: $11 psf + NNN (NNN) is $3.23 Per Sqft

Full Property Details for 1215 N 7th St

General

  • Price: $1,500,000
  • Taxes: $21,090 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6583958
  • Updated: 1/29/2026
  • Added to Site: 555 day(s) ago

Interior

  • Appliances: Refrigerator
  • Flooring: Concrete Slab, Tile

Parking

  • Parking Features: Asphalt

Location

  • County: Goodhue
  • Township: Lake City
  • Subdivision: Dallman Bus Park
  • Driving Directions: Located on 7th Street NW. This is SE of Highway 62 and in-between

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, Heating Separate, Hot Water Common

Structural Information

  • Foundation Size: 140000
  • Roof: Metal
  • Ceiling Height: 16-20
  • Disability Access: Partially Wheelchair
  • Square Feet: 18,000
  • Finished Down/Base.: 18,000 Sq. Ft.
  • Current Bldg. Use: Office, Professional Service, Warehouse
  • Year Built: 2005

Lot Features

  • Lot Size (Acres): 0.96
  • Lot Dimensions: 139 x 470
  • Potential Use: Office, Professional Service, Retail, Shop, Warehouse, Income, Industrial
  • Zoning: Industrial
  • Lot Description: Irregular Lot

Financial Considerations

  • Tax Amount: $21,090
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: DALLMAN BUSINESS PARK PT OF LOT 9 BLK 1 IN GOODHUE COUNTY DOC# 671526
  • Inclusions: Building, Land
  • Property ID: 541350090

Listed by Realty Growth Inc.

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Listing agents

— 1215 N 7th St —

  • Realty Growth Inc.

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NMLS#: 1598647

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

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NMLS#: 1598647

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Request a Quote

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

Schools serving 1215 N 7th St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61.4 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-121.2 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 1215 N 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/09/2024
Listed
$1,500,000
376.19%
MLS
8/04/2017
Sold
$315,000
—
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 1215 N 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,224
6%
$369,300
3%
2024
$8,698
—
$359,600
6%
2023
$8,698
—
$338,200
11%
2021
$8,656
-3%
$304,500
-27%
2023
$8,884
3%
$418,900
45%
2021
$8,656
—
$288,600
1%
2020
$8,692
-5%
$285,500
-1%
2019
$9,150
-7%
$287,500
1%
2017
$9,846
-5%
$283,900
100%
2015
$10,358
—
—
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 Realty Growth Inc.

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Listed by Coldwell Banker Nybo & Assoc

1215 N 7th Street, Lake City, MN 55041 (MLS# 6583958) is a Commercial property. 1215 N 7th Street is currently listed for $1,500,000 and was received on August 09, 2024. Want to learn more about 1215 N 7th 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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