Forest Lake, MN Commercial Real Estate for Sale

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20 properties

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Updated: Jun 23

Hunting and Farmland Tract

19680 Keystone Avenue N, Forest Lake, MN 55025

$975,000

97.59 AC lot

97.59 acres of countryside land with rolling topography and a mix of productive farmland and recreational acreage
Approximately 50+/- acres in crop production generating income from corn and soybean
Remaining acreage includes mature timber, established trails, and open meadow
Hunting and wildlife habitat features mentioned for whitetail deer, pheasant, and turkey
Several potential building locations, including a homesite opportunity near the back wood line

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Updated: Nov 19, 2025

Commercial Land at Highway Intersection

Forest Boulevard N, Forest Lake, MN 55025

$699,000

3.03 AC lot

3.025 acres of commercial land
Northeast corner of the Hwy 61 and Hwy 8 intersection
B3 zoning
Permitted uses include restaurant, convenience store, service station, retail, office, and medical
Additional permitted uses include taproom, distillery, light industrial, and storage units

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MU-1 Commercial Land

134 Lake Street N, Forest Lake, MN 55025

$125,000

0.16 AC lot

Downtown Forest Lake parcel with water available and office or retail use potential.

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Mixed-Use Office Building Corner Lot

179 Lake St S, Forest Lake, MN 55025

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9,106 sqft

Three-story office building offers nine suites with several currently vacant, plus new air conditioning and on-site parking.

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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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Move-In Ready Office Building

467 W Broadway Ave, Forest Lake, MN 55025

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6,400 sqft

Well-maintained, modern 6,400 SF office building with ample parking and high visibility in Forest Lake.

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Renovated School and Gymnasium Facility

308 15th Street SW, Forest Lake, MN 55025

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49,616 sqft 2.72 AC lot

49,616 SF school and gymnasium on 2.72 acres.

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Main Level Corner Unit

255 Hwy 97, Forest Lake, MN 55025

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1,464 sqft

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

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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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MU-1 Zoned High-Visibility Commercial Land

134 Lake St N, Forest Lake, MN 55025

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0.20 AC lot

MU-1 zoned commercial land in a downtown high-visibility setting suited for office or retail.

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Agricultural Land with Barn Access

8XXX 200th Street, Forest Lake, MN 55025

$3,300,000

Farm property in Washington County with on-site barn access for agricultural use and operations.

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Clear-Span Manufacturing Building

1391 11th Ave SW, Forest Lake, MN 55025

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32,487 sqft

Clear-span industrial building with ample loading doors, power service, and potential for outdoor storage in Forest Lake

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Commercial Land Parcel

9500 145th Avenue NE, Forest Lake, MN 55025

$350,000

For sale commercial land parcel at 9500 145th Avenue NE in Forest Lake, MN.

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Land

14912 Potomac St Ne, Forest Lake, MN

$750,000

Agricultural land / Farmland

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Agricultural Land

8354 169th Avenue NE, Forest Lake, MN 55025

$177,400

Residential single-family zoning provides a defined land-use designation for this agricultural property.

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Functional Industrial Property For Sale

1391 11th Ave SW, Forest Lake, MN 55025

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32,487 sqft

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

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For-Sale Land Parcel

9203 Lake Dr NE, Forest Lake, MN 55025

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For-sale land parcel located at 9203 Lake Dr NE in Forest Lake, Minnesota.

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B1 Zoned Commercial Land Site

932 W Broadway Ave, Forest Lake, MN 55025

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0.46 AC lot

0.46-acre B1 commercial lot on Broadway Ave near I-35, with White Castle, Burger King, Culver’s, and Perkins across the street.

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34 Acres General Business Land

9613 145th Ave NE, Forest Lake, MN 55025

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34.00 AC lot

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

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Available Greenfield Land Opportunity

Headwaters Pkwy, Forest Lake, MN

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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 20 Active Listings in Forest Lake, MN, we suggest to view alternatives - similar 52 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.

SERVICE STATION (FULL SERVICE)

1079 Broadway Ave, Forest Lake, MN 55025-2677

$1,435,000

Estimated value

8,272 sqft

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MINI-WAREHOUSE, STORAGE

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

$390,000

Estimated value

1,196 sqft 30.90 AC lot

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COMMERCIAL (GENERAL)

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

$1,900,000

Estimated value

9,948 sqft

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RESTAURANT

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

$1,400,000

Estimated value

6,523 sqft 0.19 AC lot

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Forest Lake, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Forest Lake, MN, showcased through 20 active listings on our real estate platform. These investment opportunities span a total of 131,560 square feet of properties for sale, with an estimated market value of $8,846,400.

Sale prices for business properties in Forest Lake, MN start at $125,000, averaging $982,933, and reaching up to $3,300,000 — 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	$1M

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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