Listed at
$385,000
$218/sqft

Lake City

322 W Center Street, Lake City, MN, 55041
4  Bedrooms3  Bathrooms1,770  Square Feet0.206  Acres
Days on market1
Year built1930
Garage spaces2.5
TypeResidential
Est. $8,550buyer credit when you buy with SODL
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About this home

Charming, beautifully updated, and full of character in the heart of Lake City! This adorable 4-bedroom, 2.5-bath two-story home offers over 2,800 sq. ft. of inviting living space on a large corner lot. Step inside to gorgeous refinished solid oak floors and a warm, welcoming living area featuring a custom Heat & Glo gas fireplace. The beautifully designed kitchen showcases quarter-sawn oak cabinetry, granite countertops, and plenty of space for everyday living and entertaining. With a bathroom on every level, generous closets, abundant storage, and lower-level laundry, this home is as functional as it is charming. Enjoy outdoor living on the deck and patio, complete with SunSetter power awnings and a full-yard irrigation system. A spacious 2.5-car attached garage with an insulated door and newer opener adds even more convenience. Major updates include a new roof in 2022, forced-air gas furnace in 2022, central air, and a radon mitigation system. And perhaps the most intriguing part of this home is what lies beneath it. The property is the former site of the historic Schmidt & Sons Brewery, which operated from the late 1800s until 1902. An underground passageway once associated with the brewery still exists and connects to the home—an incredible piece of Lake City history and a fascinating feature that truly makes this property one of a kind.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1930
LevelsOne and One Half
Living area1,770 sqft
Above-grade finished1,770 sqft
Below-grade finished0 sqft
Lot size0.206 acres (75 x 120)
Days on market1
ListedOct 7, 2026
MLS #NST7155350
CountyWabasha
SubdivisionLake City
Parcel #R220053700

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
2 full / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One and One Half
Garage
2.5 spaces · 780 sqft
Parking features
Attached Garage, Concrete, Garage Door Opener
Patio & porch
Deck, Patio
Exterior features
Vinyl
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block, Combination, Stone · 1,036 sqft
Roof
Age 8 Years or Less, Asphalt
Year built
1930

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Lake City
HOA
No HOA
School district
813 - Lake City
High school district
Lake City

Financial & listing details

Annual tax
$3,116 (2026)
Listed
Oct 7, 2026
Days on market
1
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths0
Half baths1
1/4 baths0
BasementStorage Space, Unfinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement
AppliancesDishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Washer/Dryer Hookup
AccessibilityNone
Special featuresMain Floor Bedroom

Exterior & lot

ExteriorVinyl
RoofAge 8 Years or Less, Asphalt
FoundationBlock, Combination, Stone
Foundation area1,036 sqft
Patio/porchDeck, Patio
Lot featuresCorner Lot, Tree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete, Garage Door Opener
Garage spaces2.5
Garage size780 sqft

Financial details

Annual taxes$3,116
Tax year2026
Taxes w/ assessments3116
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District813 - Lake City
District number813
District phone6513452198
High schoolLake City
SODL flat fee brokerage
$8,550Estimated buyer credit
SODL platform fee $3,000Your buyer credit $8,550

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,411/mo
Principal & interest$2,023
Property taxes$260
Home insurance (est.)$128
%
$77,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

322 W Center Street, Lake City, MN, 55041

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Listing information

MLS #NST7155350
StatusActive
Last updatedOct 8, 2026, 6:43 PM
Originally listedOct 7, 2026, 3:53 PM
Listing officeLakeshore Real Estate Krage &
Co-listing officeLakeshore Real Estate Krage &

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.