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    1107 Lake St S Forest Lake, MN 55025

    Sponsored
    For Sale
    $690,000

    Commercial - Forest Lake, MN

    Lot size:
    0.96 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 8 at 9:06 pm

    Property Features for 1107 Lake St S

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    1703221110003
    Parking features
    Driveway, Garage, Garage - Attached, Heated, Parking Lot
    Exterior features
    Metal
    Appliances
    Microwave, Refrigerator
    Lot size
    0.96 Acres

    Utilities

    Heating system
    Radiant

    Building Details

    Year built
    1980
    Flooring type
    Concrete, Linoleum, Vinyl
    Building materials
    Block, Concrete, Frame
    Roof type
    Asphalt, Metal, Shingle
    Architectural style
    Other

    LaBelle Real Estate Group (651) 705-0166 [email protected]

    Listing agent Stephen K. Hursh (651) 705-0166

    Listing date Jan 7, 2026

    MLS# 7006157 Listing URL

    Copyright © 2026 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Profitable Liquor Store Business

    A profitable liquor store business, serving the Forest Lake area for over 35 years, is available for sale due to the owner's retirement. The sale includes the business and inventory at a reasonable price. The business benefits from a long-established customer base. The owner is offering attractive lease terms for the 8,430-square-foot store and warehouse, which is a requirement for purchase of the business. The property is zoned for business and commercial use and is situated on a 0.956-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Daycare Center Department Store Building Supply Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Target Grocery

    Location Insight

    • Map
    • Local Demand
    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.982377
    Latitude
    45.268037

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    FAQs

    What type of property is this?
    Grocery and convenience store - Established liquor store business for sale in Forest Lake, MN.
    Where is this grocery and convenience store located?
    The property is located at 1107 Lake St S Forest Lake, MN.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: - Profitable liquor store business established for over 35 years.; - Excellent business opportunity with a steady customer base.; - Attractive lease terms available for the 8430 square feet store/warehouse.
    (651) 705-0166
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    1107 Lake St S Forest Lake, MN 55025
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    Forest Lake, MN 55025
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1107 Lake St S Forest Lake, MN 55025
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