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    1068 Lk St S Forest Lake, MN

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    For Lease
    $16 SF/Yr ($2,494 /Mo)

    Office suites with in-suite plumbing and kitchen available for rent.

    Property size:
    1,871 SF
    Lot size:
    1.05 Acres

    Property Features for 1068 Lk St S

    General Information

    Size
    1,871 SF
    Lot size
    1.05 Acres

    Source: Obsidian Group Agent Ethan Finger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Professional Building Office Suites

    The Professional Building, located off Highway 61 at 1068 Lake St S in Forest Lake, MN, is an office building with multiple tenant suites. Three vacancies are available, including Suite 110, which features in-suite plumbing and a private bathroom, and Suite 205, which includes a kitchen. The building offers accessibility off Highway 61 and is less than 5 minutes from Highway 35W, with Highway 61 boasting 15,200 vehicles per day. The property is suitable for medical and dental businesses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Realty agency Spa & Massage Hotel & Motel Hair Salon Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Forest Lake
    County
    Washington
    State
    Minnesota
    Longitude
    -92.9852183
    Latitude
    45.2788561

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    FAQs

    What type of property is this?
    Office space - Office suites with in-suite plumbing and kitchen available for rent.
    Where is this office space located?
    The property is located at 1068 Lk St S Forest Lake, MN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - Convenient location off Highway 61 with terrific accessibility.; - Less than 5 minutes to Highway 35W with 15,200 VPD on Highway 61.; - Opportunity for medical and dental businesses to flourish.
    (507) 581-3479
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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
    1068 Lk St S Forest Lake, MN
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