06/12/2026
NEW LISTING | Alaska Guest Suites | Lake City, Minnesota
A incredible opportunity to own an established hospitality business overlooking the stunning waters of Lake Pepin on the Mississippi River.
Located along the highly traveled Highway 61 corridor in Lake City, Alaska Guest Suites combines immediate income potential with long-term upside in one of Minnesota’s most iconic waterfront destinations. This turnkey operation features 9 guest suites and 2 spacious premium lodge-style units, all offering panoramic views of Lake Pepin.
Whether you’re looking to continue operating a successful lodging business, expand an existing hospitality portfolio, or secure a premier commercial investment, opportunities like this are increasingly difficult to find.
🏡 Property Highlights:
• 9 Guest Suites
• 2 Lodge-Style Units
• Lake Pepin Views from Every Unit
• Established Hospitality Business
• Highway 61 Frontage & Excellent Visibility
• Commercial Zoning
• Municipal Water & Sewer
• Approximately 0.71 Acres
• Owner Occupancy Potential
• Group Rental & Extended Stay Opportunities
• Dedicated Office Space
• Ample Guest Parking
• Exterior Chinked & Stained in 2025
• Experienced Staff May Remain
• Potential for Future Expansion (subject to approvals)
Lake City continues to draw visitors year-round for boating, fishing, golf, weddings, scenic drives, and recreation along the Mississippi River Valley. With convenient access to Rochester, Red Wing, and the Twin Cities, this property benefits from a strong and established tourism market.
📍 1127 N Lakeshore Dr, Lake City, MN 55041
📲 Contact me for more information and a private tour.
Full Listing:
https://www.highpointlandcompany.com/properties/0-71-acres-goodhue-county-mn-business-opportunity-goodhue-minnesota/107056/