115 Lake Street N, Forest Lake, MN 55025 (MLS# 7061667)

115 Lake Street N, Forest Lake, MN 55025

$379,000
Property Type: Commercial Status: Active
Current Price: $379,000 List Date: 5/04/2026 Last Modified: 6/26/2026

Overview

Description

This Downtown Forest Lake building is in a PRIME Retail/Office area and adjacent to the public boat landing, Lakeside Park and Beach. The owner of this Forest Lake building originally purchased the property with the intent to develop a retail location for their outdoor watersports company. They started demolition of the interior to clear out the space, but then changed directions after acquiring their company store / warehouse in New Brighton. 115 Lake St. N., Forest Lake is currently an open blank space ready for your inspiration and work.

Listing Details MLS# 7061667

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1914
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
1144
Lake/Waterfront Name
Forest
For Sale or Lease
For Sale
Lot Dimensions
37X262
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Basement: Concrete Block; Full; Storage Space; Unfinished CMU Style: Office Construction Materials: Block; Brick; Frame Construction Status: Previously Owned Current Use: Vacant Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Other Loan Terms: Cash; Conventional; Other Lot Description: Accessible Shoreline; Property Adjoins Public Land On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Paved Lot; Other Road Frontage: Curbs; Sidewalks; State Road; Street Lights Roof: Asphalt Shingles; Pitched Sewer: City Sewer/Connected Stories: One Wall Description: Drywall; Finished Water: City Water/Connected Waterfront Type: Lake View

Contract Information

Contingency
None
ListPrice
379000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
115
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
N
Postal City
Forest Lake
County
Washington
State
MN
Zip Code
55025

Assessments

Tax With Assessments
6508

Basement

Foundation Dimensions
22x52

More Information

Building Information

Building Finished SqFt
1144

Lake Details

Lake Acres
2270
Lake Depth
37

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes
IDX
Listing Office: Keller Williams Integrity Realty
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.