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    Forest Lake, MN

    Forest Lake, MN Commercial Real Estate for Sale

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    Forest Lake Car Wash Opportunity
    Updated: Dec 5, 2022
    Forest Lake Car Wash Opportunity

    955 W Broadway Ave, Forest Lake, MN

    $899,000
    4,680 sqft · 0.64 AC lot
    Redevelopment opportunity in a highly desirable retail trade area.
    Existing car wash business provides immediate cash flow.
    Strategic location just 2 blocks off I‑35 with high traffic counts and great visibility.
    Two access points enhance accessibility: West Broadway Avenue and First Avenue Northeast.
    Located in the heart of the business district, surrounded by major retailers.
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    This listing looks promising.

    Here's a quick look at some key insights for

    955 W Broadway Ave, Forest Lake, MN

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    • Est. Cap Rate

      7.9%
      Above avg (5.9%)

    • Est. NOI

      $71K
      Annual

    • Mortgage

      $598K
      Aug 2019

    • Last Sold

      Jan 2006
      $1.4M

    • Property Type

      Commercial (General)
      Built 2001
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    Commercial Land at Highway Intersection
    Updated: Nov 19, 2025
    Commercial Land at Highway Intersection

    Forest Boulevard N, Forest Lake, MN 55025

    $699,000
    3.03 AC lot
    3+ acres on the northeast corner of the Hwy 61 and Hwy 8 intersection
    Zoned B3 with permitted uses including restaurant, C‑store/service station, retail, office/medical, and taproom/distiller
    Also permitted for light industrial, storage units, and other uses (as listed)
    Traffic count stated: 34,200 vehicles pass the intersection of Hwy 8 and Hwy 61 every day
    Cable available
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    Mixed-Use Land for Office or Retail
    Mixed-Use Land for Office or Retail

    134 Lake Street N, Forest Lake, MN 55025

    $125,000
    0.16 AC lot

    Vacant land with downtown visibility and access, zoned MU-1 for flexible office or retail development.

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    Hunting and Farmland Tract
    Hunting and Farmland Tract

    19680 Keystone Avenue N, Forest Lake, MN 55025

    $975,000
    97.59 AC lot

    Nearly all high ground with productive corn and soybean acres plus mature timber, trails, and open meadow for recreation.

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    Broadway Business Center Retail Space
    Broadway Business Center Retail Space

    555 W Broadway Ave, Forest Lake, MN

    $2,745,000
    12,480 sqft · 0.34 AC lot

    Multitenant retail center in the Broadway Business district.

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    Main Level Corner Unit
    Main Level Corner Unit

    255 Hwy 97, Forest Lake, MN 55025

    $241,800
    1,464 sqft

    Versatile 1,464 SF unit ideal for office, retail, or medical.

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    Industrial Building on 10+ Acres
    Industrial Building on 10+ Acres

    6671 Lake Blvd, Forest Lake, MN

    $2,195,000
    20,300 sqft · 10.73 AC lot

    20,300 SF industrial building on 10.69 acres for sale/lease.

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    Renovated School and Gymnasium Facility
    Renovated School and Gymnasium Facility

    308 15th Street SW, Forest Lake, MN 55025

    Contact for pricing
    49,616 sqft · 2.72 AC lot

    49,616 SF school and gymnasium on 2.72 acres.

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    Undeveloped Lot in Business District
    Undeveloped Lot in Business District

    932 W Broadway Avenue, Forest Lake, MN 55025

    $275,000
    0.45 AC lot

    High-visibility commercial land in the heart of Forest Lake.

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    Prime Forest Lake Land Parcel
    Prime Forest Lake Land Parcel

    134 Lake Street North, Forest Lake, MN 55025

    $125,000

    High-visibility land in Forest Lake, surrounded by retail and restaurants.

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    Profitable Auto Shop Business
    Profitable Auto Shop Business

    1031 Lake Street South, Forest Lake, MN 55025

    $120,000

    Profitable muffler business for sale with consistent revenue.

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    Commercial Property on Lake Boulevard
    Commercial Property on Lake Boulevard

    6671 Lake Blvd, Forest Lake, MN 55025

    $2,195,000

    Commercial property for sale in Forest Lake, Minnesota.

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    Functional Industrial Property For Sale
    Functional Industrial Property For Sale

    1391 11th Ave SW, Forest Lake, MN 55025

    $2,100,000
    32,487 sqft

    Clear-span industrial building with ample loading doors and power.

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    Commercial Build Site with Utilities
    Commercial Build Site with Utilities

    14925 Hornsby Street NE, Forest Lake, MN 55025

    $1,500,000
    20.47 AC lot

    20.47-acre commercial land parcel offers water and sewer at the road and natural gas on-site for an easy development start.

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    24.49 Acres Development Land
    24.49 Acres Development Land

    190th St N & Forest Rd N, Forest Lake, MN

    $1,200,000
    24.49 AC lot

    Prime land with significant development potential near Tanners Brook.

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    Prime Land Downtown Forest Lake
    Prime Land Downtown Forest Lake

    20-32 Lake St S, Forest Lake, MN

    Contact for pricing
    0.85 AC lot

    Two parcels totaling approximately 0.85 acres in downtown Forest Lake.

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    34 Acres General Business Land
    34 Acres General Business Land

    9613 145th Ave NE, Forest Lake, MN 55025

    $1,995,000
    34.00 AC lot

    34 acres of general business-zoned land in Forest Lake, MN.

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    Commercial Property on High-Traffic Highway
    Commercial Property on High-Traffic Highway

    6641 Lake Boulevard, Forest Lake, MN 55025

    $850,000
    2,000 sqft · 2.70 AC lot

    2.7 acres with 2,000' building on high-traffic corner.

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    Available Greenfield Land Opportunity
    Available Greenfield Land Opportunity

    Headwaters Pkwy, Forest Lake, MN

    Contact for pricing
    123.00 AC lot

    Up to 123 acres of shovel-ready land for sale.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Forest Lake, MN, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    Off-Market Properties in Forest Lake, MN

    Consider similar Off-Market properties in Forest Lake, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1079 Broadway Ave
    SERVICE STATION (FULL SERVICE)

    1079 Broadway Ave, Forest Lake, MN 55025-2677

    $1,445,000
    Estimated value
    8,272 sqft
    View details
    4935 240th N St
    MINI-WAREHOUSE, STORAGE

    4935 240th N St, Forest Lake, MN 55025-9304

    Value Estimation by Request
    1,196 sqft · 30.90 AC lot
    View details
    7050 Scandia N Trl
    COMMERCIAL (GENERAL)

    7050 Scandia N Trl, Forest Lake, MN 55025-9161

    $1,900,000
    Estimated value
    9,948 sqft
    View details
    131 Lk N St
    RESTAURANT

    131 Lk N St, Forest Lake, MN 55025-2504

    $1,400,000
    Estimated value
    6,523 sqft · 0.19 AC lot
    View details
    2013 Broadway Ave
    WHOLESALE OUTLET, DISCOUNT STORE

    2013 Broadway Ave, Forest Lake, MN 55025-4500

    $15,150,000
    Estimated value
    69,290 sqft · 7.68 AC lot
    View details

    Forest Lake, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Forest Lake, MN, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 71,411 square feet of properties for sale, with an estimated market value of $8,180,800.

    Sale prices for business properties in Forest Lake, MN start at $241,800, averaging $1,636,160, and reaching up to $2,745,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 26K
    Population Growth (5Y) +4.4%
    Median Household Income $95,993
    College Educated 45.9%

    High-Yield Neighborhoods for Investment

    Identify Forest Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55025 $875.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.61%
    Property Tax per SF $35.03 per SF
    Tax Rate vs County Average 0.20 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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