118 W Center Street
Lake City, MN 55041
MLS# 5681180
8800 sqft

118 W Center Street, Lake City, MN 55041
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118 W Center Street, Lake City, MN 55041 118 W Center Street, Lake City, MN 55041

Property Description
Great investment opportunity in downtown Lake City! Building contains two main floor commercial units and 4 second level apartments. All units are currently rented. Improvements made in 2019 include a new roof, exterior stucco, updated flooring, and fresh paint! Property is well maintained and produces a positive cash flow.

Legal Description: SECT-04 TWP-111 RANGE-012 LAKE CITY NLY 45.22' OF SLY 100.21' OF LOT 6 & NLY 45.77' OF SLY 100.27' OF ELY 40' LOF LOT 7 BLK 24 DOC # 236039
Current Price: $269,900
Contract Information
List Price: $269,900
List Date: 2020-11-02
Owner is Agent: No
In Foreclosure: No
Potential Short Sale: No
Auction: No
General Property Information
Total Fnsh'd SqFt: 8800
Foundation Size: 2640
Waterfront: No
Location, Tax and Other Information
House Number: 118
Street Dir Pfx: W
Street: Center
Street Abbreviation: Street
Postal City: Lake City
County: Wabasha
State/Province: MN
Zip Code: 55041
Parcel Number: R220038000
Township #: 111
Section #: 4
Range #: 12
Tax Year: 2020
Tax Amount: 4448
School District: Lake City #813
Directions & Remarks
Directions: One block west of S Lakeshore Dr on Center St.
Status Change Info
Status: Active
Contingency: None
Currently Not Used
Geo Lat: 44.448252
Geo Lon: -92.266254
Property Features
Air Conditioning: Wall; Window
Heat: Forced Air; Hot Water
Fuel: Electric; Natural Gas
Current Use: Business Service
Roof: Flat; Other
Sale Includes: Building

Listing Office: Schurhammer Real Estate, LLC

Last Updated: December - 30 - 2020

All the listing data contained in this site is the copyrighted and confidential material of the Southeast Minnesota Association of REALTORS MLS. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Site contains live data. Data is deemed reliable but not guaranteed.

Thursday 21st of January 2021 07:14 AM