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Mixed-Use Land for Office or Retail
For Sale
$125,000

134 Lake Street N, Forest Lake, MN 55025

LAND - Forest Lake, MN

Lot Size0.16 Acres
Days on Market145

Property Features for 134 Lake Street N

General Information

Property type Land
Property subtype Other
Zoning description Business/Commercial
Subdivision Forest Lake
Lot features Public Transit (w/in 6 blks), Cleared, Underground Utilities
High school district Forest Lake
Directions Broadway to 61, North One block to property.
Standard status Active
APN 0803221120238
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1010

Utilities

Utilities Water Available
Listing Agency: Keller Williams Premier Realty · Keller Williams Realty
Listed By: Eric E. Katz · License #20362602,MN
Added: Mar 9 Changed: Jun 29 Last Checked: Jul 31 at 12:06AM
MLS# 7029912

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering presents a small vacant land parcel at 134 Lake Street N in Forest Lake, MN. The site totals approximately 0.162 acres and is being marketed as a development-ready location suitable for either office or retail use, subject to zoning and permitting.

Positioned in downtown Forest Lake, the property is highlighted for visibility and convenient access for prospective customers and clients. The listing notes MU-1 zoning, which is intended to support mixed-use development and can provide flexibility for qualifying concepts.

For tenants and owner-users, the MU-1 zoning opens the door to an office or retail project where flexibility matters. Developers and investors may view the site as a compact infill opportunity for a use that fits within the MU-1 district, with the final scope determined through the entitlement and permitting process. Buyers should confirm allowable uses, site plan requirements, and any development standards directly with the City of Forest Lake and Washington County prior to moving forward.

Key Highlights

  • Water available on site
  • MU‑1 zoning district
  • Downtown Forest Lake location with visibility and access suitable for office or retail uses

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nail Salon Hair Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

186
Businesses Nearby

Demographics for 55025, MN

25,784
Population
10,522
Households
2.5
Avg Household Size
40
Median Age
36%
College-Educated
94%
High-School Grad
77.1 sq mi
ZIP Area
334
Density / Sq Mi
$95,993
Median Household Income
$51,041
Median Earnings
$1,355
Median Rent
$385,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Vacant land with downtown visibility and access, zoned MU-1 for flexible office or retail development.
Where is this office units located?
The property is located at 134 Lake Street N Forest Lake, MN.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Water available on site; MU‑1 zoning district; Downtown Forest Lake location with visibility and access suitable for office or retail uses
More about this property
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