For Sale Commercial MLS# 7035726

167 Lake Street N

Forest Lake, MN 55025

$599,000

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About 167 Lake Street N

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1937
Stories
One
Lot
0.121
Original price
$599,000
MLS #
7035726

Interior

Features
Forced Air
Heating
Forced Air

Exterior & lot

Features
Other, Parking Lot
Construction
One, Block
Foundation
Block
Lot
0803221120073, Office, Restaurant
Parking
Parking Lot

Schools

District
Forest Lake Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$14,668
Tax year
2025
Parcel
0803221120073

Location

Subdivision
Forest Lake
County
Washington
Community
Washington, northstar, 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.

Location

Neighborhood
Forest Lake
School district
Forest Lake Public School District

Ask about this property

Questions on 167 Lake Street N, Forest Lake, MN 55025, or want to see it in person?

Listed by Shawn Augustine, eXp Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.