167 Lake Street N, Forest Lake, MN 55025 (MLS# 7035726)

167 Lake Street N, Forest Lake, MN 55025

$599,000
Property Type: Commercial Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $599,000 List Date: 3/17/2026 Last Modified: 8/27/2026

Overview

Description

Prime commercial investment opportunity in the heart of Forest Lake. This well-located property at 167 Lake St. N offers excellent visibility, easy access, and strong traffic exposure. The building is currently fully leased, providing immediate rental income for investors. Positioned in a growing community with established surrounding businesses, this is a turnkey addition to any portfolio. Rent roll and leases available for review with signed NDA. Showings available upon tenant coordination, during normal business hours, Monday-Friday.

Listing Details MLS# 7035726

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
5
Owner Occupied
No
Waterfront YN
No
Year Built
1937
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2489
For Sale or Lease
For Sale
Acres
0.12
Lot Dimensions
getting
Assessment Pending
No

Property Features

Accessible: None Assumable Loan: Not Assumable CMU Style: Office; Retail/Shopping Center Construction Status: Previously Owned Current Use: Office; Restaurant Exterior: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
599000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
167
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
N
Postal City
Forest Lake
County
Washington
State
MN
Zip Code
55025
Complex/Dev/Subdivision
Forest Lake

Assessments

Tax With Assessments
14668

Building Information

Building Finished SqFt
5850

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
21
Section#
8
Township#
32

Sale Options

Sale Includes
Building

Unit Details

Total Units
3
IDX
Listing Office: eXp Realty
Last Updated: August - 27 - 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.
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