Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    20-32 Lk St S Forest Lake, MN

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two parcels totaling approximately 0.85 acres in downtown Forest Lake.

    Lot size:
    0.85 Acres

    Property Features for 20-32 Lk St S

    General Information

    Lot size
    0.85 Acres

    Source: Greystone Commercial Agent Grady Erickson

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

    Overview

    Prime Land Downtown Forest Lake

    Two parcels of land are available, situated directly off the roundabout in downtown Forest Lake. The combined area of these parcels is approximately 0.85 acres, which is equivalent to roughly 36,850 square feet. The parcel identification numbers are 0803221130143 for 20 Lake Street and 0803221130144 for 32 Lake Street.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    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

    Nearby Similar for Sale

    • $165,000
      0.02 Acres

      Affordable Office Space on Highway

      Office space with private offices and conference room available for sale.
      255 Highway Dr, Forest Lake, MN 55025
      View Details
    • New
      $599,000
      Pending

      Lakefront Triplex Opportunity on Forest

      Exceptional lakefront property with triplex potential on Forest Lake.
      22672 Hayward Ave North, Forest Lake, MN 55025
      View Details
    • $899,000
      4,680 SF

      Forest Lake Car Wash Opportunity

      Car wash business and redevelopment opportunity in Forest Lake.
      955 W Broadway Ave, Forest Lake, MN
      View Details
    • $120,000

      Profitable Muffler Business For Sale

      Profitable muffler business for sale with consistent revenue.
      Business For Sale, Forest Lake, MN
      View Details
    • $2,100,000
      32,487 SF

      Industrial Property with Outdoor Storage

      Functional industrial property with loading doors and outdoor storage potential.
      1391 11 Ave SW, Forest Lake, MN
      View Details
    • Contact for pricing
      13,863 SF

      Retail Portfolio in Developing Area

      Three-parcel retail portfolio with redevelopment potential and highway access.
      67-91 Lk St S, Forest Lake, MN
      View Details

    FAQs

    What type of property is this?
    Land - Two parcels totaling approximately 0.85 acres in downtown Forest Lake.
    Where is this land located?
    The property is located at 20-32 Lk St S Forest Lake, MN.
    What are key features of this property?
    This property features: - Prime location directly off the downtown Forest Lake roundabout.; - Total land area of approximately 0.85 acres (36,850 sqft).; - Two parcels included in the sale.
    (651) 341-0798
    Request Owner's contact information
    20-32 Lk St S Forest Lake, MN
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    20-32 Lk St S
    Forest Lake, MN
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    20-32 Lk St S Forest Lake, MN
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.