Address
1215 N 7th Street, Lake City, MN
Price
$ 11
Property Attributes
  • ID#7161123
  • TypeSingle Family
  • Listing Status Active
  • CountyGOODHUE
  • CityLake City
  • AreaDallman Bus Park
  • NeighborhoodDallman Bus Park
  • Zip55041
  • Style
  • Year Built2005
  • Taxes$ 21090
  • Price$ 11
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage18000
  • Lot Size0.96 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

This well-constructed commercial property offers a versatile opportunity for both investors and owner-users, with options to purchase or lease space tailored to a variety of business needs. The building features a functional mix of professional office, conference, and warehouse space, allowing for flexible configurations depending on use. Each unit is separately metered with independent heating, providing efficient multi-tenant operation. Shared amenities include restrooms, a break area, and convenient access points throughout the building. Positioned along North 7th Street, the property offers strong visibility and excellent signage potential, supported by ample on-site parking for tenants and visitors. Available units come in varying sizes, offering flexible lease terms and the ability to customize space as needed. Whether you're in the market for great leaseable space with flexible terms, an owner-user looking to occupy while offsetting costs with additional income, or an investor seeking a multi-tenant asset with leasing upside, this property presents a compelling opportunity in a highly accessible location. Available Spaces Suite 103 3,305 SF Suite 114 530 SF Suite 108-112 800-1,590 SF Suite 109-115 996 SF - 4,406 SF

Price History
10/16/2026 Listed $0

General Features

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate,Heating Separate,Hot Water Common
Roof Metal
Appliances Refrigerator
Year Built 2005
Levels One
Tax Year 2024
Current Use Commercial,Industrial,Office,Professional Service,Retail,Warehouse
Gross Income 46275
Accessibility Partially Wheelchair
Additional Parcels Description 220185200
County Goodhue
New Construction No
Property Type Commercial Lease
Contingency None
Subdivision Name Dallman Bus Park
Possible Use Office,Professional Service,Retail,Shop,Warehouse,Industrial,Medical/Dental
Directions Located on 7th Street NW. This is SE of Highway 62 and in-between
City Lake City
High School District Lake City
Zoning Description Industrial
Number Of Units Total 11
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 21090
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
PostalCity Lake City

Interior Features

Basement None
Basement (Y/N) No
Ceiling Height 16-20
Foundation Dimensions 65 x 220
Fuel Natural Gas

Exterior Features

Parking Features Parking Lot,Paved Lot
Lot Features Irregular Lot
Water Source City Water/Connected
Inclusions Building,Land
Lot Size Area 0.96
Building Area Total 18000
Lot Dimensions 139 x 470
Waterfront Y/N No
Foundation Area 140000
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 55041

Taxes
AVG $4,530
$21,090
Year Built
AVG 1975
2005
Visits
AVG 61
3
Data Provided by Inside Real Estate®

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