Forest Lake, MN 55025
New Listing
$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:
7/21/2026
Overview
Description
...
(Read more)
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 property offers outstanding potential in one of Forest Lake's most desirable commercial locations.
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
- Garage Stalls
- 0
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
- Postal City
- Forest Lake
- County
- Washington
- State
- MN
- Zip Code
- 55025
- Complex/Dev/Subdivision
- Forest Lake
Assessments
- Tax With Assessments
- 3202
- Assessment Balance
- 0
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
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- SUBDIVISIONNAME FOREST LAKE LOT 13 BLOCK 29 SUBDIVISIONCD 32455 PT LTS 13 & 14 BLK 29 DESC TOG AS FOLL COM AT SW COR SD LT 13 THN ELY ALG S LN SD LT 13 126. 82FT TO POB THN N AT RT ANG 6. 52FT THN WLY STRT LN 126.98FT TO SW COR SD LT 13 THN SLY ALG W LN SD LT 14 52.75FT TO SW COR SD LT 14 THN ELY ALG S LN SD LT 14 112.25FT TO PT OF INT WITH LN DRWN THRU POB & PERP TO S LN SD LT 14 THN NLY ALG SD LN 50.95FT TO POB SUBJ TO EASE
- Listing City
- Forest Lake
- Map Page
- 39
- Municipality
- Forest Lake
- School District
- Forest Lake
- School District Phone
- 651-982-8103
- Zip Plus 4
- 3257
- Property ID Number
- 0803221130030
- Tax Year
- 2025
- Tax Amount
- 3202
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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 property offers outstanding potential in one of Forest Lake's most desirable commercial locations.
- Directions
- Interstate 35 north to Forest Lake-Broadway Ave. exit, turn right. Follow to Highway 61, turn right. Follow to 2nd Ave. SW, building on the left.
Accessible
- None
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Vinyl
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Parking Characteristics
- Paved Lot
- Yes
- Unassigned
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Three Or More
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
CMU Style
- Mixed Use
- Yes
- Office
- Yes
Current Use
- Office
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Listing Office:
eXp Realty
Last Updated: July - 21 - 2026
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