$395,000

201 S 8th Street

Lake City MN, 55041

Description

1: Great location, great buildings, secured yard, and 3 phase power all help make this a fabulous property for retail, manufacturing,storage or as a rental investment! Land can be divided for the right opportunity. Retail showroom has three offices and two restrooms. Rent out the storage buildings? Need manufacturing space? This property has it all. Investor? This property will provide a cap rate of around 9%

Details

MLS#5502984
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site269

Features

Market Activity 55041

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Area Information
StateMN
CountyWabasha
CityLake City
Zip Code55041
Listing VS Median (in 55041)
Price:
$395,000
low | high
Med:
$52,425
100% of Average
On Site:
269
low | high
Med:
489.500000
54.954034729316% of Average
Listing Updated: August 25, 2020 3:23:41 PM PDT
Larry Nielson LogoMLS Number: 5502984
Listing Provided By:
Larry Nielson  of  Nielson Const RE Services

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northstar MLS.