Old Bank Bar

100 S Washington Street, Lake City, MN 55041

  • For Sale $549,000
  • Property Type Retail - Freestanding
  • Property Size 6,000 SF
  • Lot Size 0.07 Acre
  • Property Tenancy Single Tenant
  • Year Built 1892
  • Year Renovated 1978
  • Date Updated Mar 13, 2024
Lake City at the corner of S Washington St & E Lyons AveCONTRACT FOR DEED POSSIBLE. Results Commercial is pleased to announce the sale of the Old Bank Bar & Grill located in beautiful Lake City, MN! This stunning property is just one block up from the large Marina on beautiful Lake Pepin, the Old Bank Bar & Grill has been the place to go for both local residents and tourists! Formerly Lake City Bank, this lovely brick building, constructed in 1892, using oak craftmanship from this bygone era, was converted into a bar and a second-floor banquet space in 1978. The current owners opened in February of 1980 and have operated the business ever since. With big windows, the ambiance of the spacious barroom and banquet room is very comfortable and inviting. The Old Bank Bar has many enticing features including two commercial kitchens on both the first and second floors, fully operational bar, large basement, games, tv’s, and the world most secure walk-in cooler! The second-floor kitchen is noncompliant and not actively being used, though much of the equipment is operable. Offering the “Best Burgers West of the Mississippi”, this well-known, well-loved bar is the place to go after a great day of recreation on Lake Pepin! Over the years, they have hosted many Dart Leagues, Pool Leagues, Bar Bingo, Bean Bag Tournaments, and known for their epic “Indoor Fishing Tournament,” which draws huge crowds. Their food menu is simple, and the prices are very reasonable. Contact Listing Brokers for more information or to schedule a tour at [email protected] or [email protected].

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Attachments

Highlights

  • Contract for Deed Possible
  • Established & Successful Bar/Restaurant
  • Well Maintained
  • Two Commercial Kitchens
  • Pool Table, Pinball, Pull Tabs & E-Tabs, Dart Boards
  • Large Basement for Storage & Mechanicals

Contacts

broker

Mark Hulsey

Results Commercial

(651) 256-7404

Location

Getting Around

  • Walk Score ®

    59/100 Somewhat Walkable
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Lake City, MN
  • Neighborhood Lake City
  • Zip Code 55041

Points of Interest

  • Kwik Trip

    0.08 miles

  • US Gas

    1.17 miles

  • Marathon

    5.89 miles

  • Hwy 61 north of Lake City

    3.64 miles

  • Port 104

    0.04 miles

  • Fiesta Jalisco

    0.04 miles

  • Dux Ice Cream Coffee & more

    0.14 miles

  • Big Bear Pizzeria & Deli

    0.21 miles

  • Dairy Queen

    0.64 miles

  • Subway

    0.94 miles

  • Burger King

    1.13 miles

  • Lake House on Pepin

    1.26 miles

  • Fiesta Foods

    0.19 miles

Frequently Asked Questions

What is the lease rate for Old Bank Bar?

Rental asking rate at Old Bank Bar is $274,500.00/YR.

What is the total square footage of Old Bank Bar?

Old Bank Bar totals 6,000 square feet.

When was this property built?

Old Bank Bar was built in 1892.

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Contact Listing Broker

broker

Mark Hulsey

Results Commercial

(651) 256-7404