179 Lake Street S, Forest Lake, MN 55025 (MLS# 7107235)

179 Lake Street S, Forest Lake, MN 55025

$800,000
Property Type: Commercial Square Footage: 9,106 Lot Size (sq. ft.): 6,098 Status: Active
Current Price: $800,000 List Date: 7/16/2026 Last Modified: 8/27/2026

Overview

Description

Rare opportunity to own a well-maintained mixed-use office building in the heart of downtown Forest Lake! Situated on a prominent corner lot just blocks from Forest Lake and surrounded by restaurants, shops, and local amenities, this three-story professional office building offers exceptional visibility and convenience. Featuring nine office suites with approximately three currently vacant, the property presents an ideal opportunity for an owner-occupant to establish their business while generating income from existing tenants. Recent improvements include a new $20,000 air conditioning system, providing added value and peace of mind. Ample on-site parking with approximately 10 spaces makes access easy for tenants and clients alike. Well suited for professional offices, financial services, legal practices, insurance agencies, consulting firms, or appointment-based medical and dental offices. Whether you're expanding your business or adding to your investment portfolio, this versatile pr ...

Listing Details MLS# 7107235

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
10
Waterfront YN
No
Year Built
1939
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2552
For Sale or Lease
For Sale
Acres
0.14
Lot Dimensions
varied
Assessment Pending
No

Property Features

Accessible: None CMU Style: Mixed Use; Office Construction Status: Previously Owned Current Use: Office Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional On Site Utilities: Electric Common; Heating Common Parking Characteristics: Paved Lot; Unassigned Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
800000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
179
Street Name
Lake
Street Suffix
Street
Street Direction Suffix
S
Postal City
Forest Lake
County
Washington
State
MN
Zip Code
55025
Complex/Dev/Subdivision
Forest Lake

Assessments

Tax With Assessments
3202

Building Information

Building Finished SqFt
7968
Building SqFt
9106

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
Yes
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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