167 Lake Street N Forest Lake, MN $ 599,000
167 Lake Street N
$ 599,000
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167 Lake Street N

Forest Lake, MN, 55025
$ 599,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,137

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Commercial Property for sale in Forest Lake, MN

for $599,000. This building was built in 1937 on a lot size of 0.121.

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.

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Commercial Active

Price

$ 599,000

Property Type

Commercial

Taxes

$ 14,668

Style

Lot Size

0.121

Year Built

1937

Town/City

Forest Lake

County/Region

Washington

MLS | Web ID

7035726

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate
Garage Spaces 0
Year Built 1937
Levels One
Tax Year 2025
Current Use Office Restaurant
Accessibility None
County Washington
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Forest Lake
Directions Interstate 35N to Forest Lake-Broadway Ave. exit and go East to Highway 61 go north to corner of NE 2nd Ave. building will be on the right.
City Forest Lake
High School District Forest Lake
Zoning Description Business/Commercial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 14668
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.121
Lot Dimensions getting
Waterfront Y/N N
Foundation Area 2489
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 167
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* Excluded Features
List By
Exp Realty

Broker

shawn@shawnaugustine.com

Email

Affordability Calculator

$5,359
Per Month
77%
23%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$1,222
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708654 Elementary School
708664 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/17/2026$599,000 Listed Price

Map


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167 Lake Street N, Forest Lake, MN, 55025 is a Commercial Property for sale at $599,000 with a lot size of 0.121. 167 Lake Street N was built in 1937. The property's zip code is 55025 which is in Forest Lake, MN