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$1,250,000

0 Beds 0 Baths 18,000 SQFT 0.96 Acres
Type: Commercial

1215 N 7th Street
Lake City, MN 55041

MLS#: 6583958
Kailee Keppers
Kailee Keppers
The Real Estate Advantage
Phone: 612.501.3008
Office: 952.898.5800
Presented by: Realty Growth Inc.

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.


 

Interior Features

Other Interior Features

BasementNone
Basement (Y/N)No
Ceiling Height16-20
Foundation Dimensions65 x 220
FuelNatural Gas
Garage Dimensions0
Garage Door Width0 sqft
Garage Square Feet0

General

AccessibilityPartially Wheelchair
Additional Parcels Description220185200
Additional Parcels Y/NYes
AppliancesRefrigerator
CityLake City
ContingencyNone
CoolingCentral Air
CountyGoodhue
Current UseOffice, Professional Service, Warehouse
DirectionsLocated on 7th Street NW. This is SE of Highway 62 and in-between
Garage Spaces0
Gross Income46275
HeatingForced Air
High School DistrictLake City
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total11
Possible UseOffice, Professional Service, Retail, Shop, Warehouse, Income, Industrial
PostalCityLake City
Property TypeCommercial Sale
RoofMetal
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameDallman Bus Park
Tax Annual Amount$21,090
Tax Year2024
UtilitiesElectric Separate, Heating Separate, Hot Water Common
Year Built2005
Zoning DescriptionIndustrial

Exterior

Building Area Total18,000 sqft
Foundation Area140,000 sqft
InclusionsBuilding, Land
Lot Dimensions139 x 470
Lot FeaturesIrregular Lot
Lot Size Area0 sqft
Parking FeaturesAsphalt
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$1,250,000

0 Beds 0 Baths 18,000 SQFT 0.96 Acres
Type: Commercial

1215 N 7th Street
Lake City, MN 55041

MLS#: 6583958
Kailee Keppers
Kailee Keppers
The Real Estate Advantage
Phone: 612.501.3008
Office: 952.898.5800