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Two-Level Retail Space
For Lease
$2,400/Mo

167 Lake St. N - Suites 1 & 4, Forest Lake, MN 55025

A two-suite arrangement pairs upper-level retail space with lower-level storage and a rear patio.

Space Size2,200 SF
Days on Market19

Property Features for 167 Lake St. N - Suites 1 & 4

General Information

Standard status Active
Size 2,200 SF
Net Rentable 2,200 SF

Space & Availability

Available Space 2,200 SF
Floor Upper, Lower
Space Use Food Service

Additional Details

Highway Access Yes
Patio Yes

Taxes and HOA fees

Annual Taxes $14,492

Amenities

rear patio area
Listing Agency: eXp Realty
Listed By: Shawn Augustine
Source: Exprealty
Added: Oct 12 Changed: Oct 28 Last Checked: Oct 28 at 11:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty

Rey
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Investment Insights

Based on property information with market context.

This retail space comprises Suite 1 on the upper level and Suite 4 on the lower level, which is designated for storage. The combined area is approximately 2,200 square feet, with a patio at the rear of the property.

The property is at 167 Lake St N in Forest Lake, Minnesota. Highway 61 exposure and municipal parking are noted, along with proximity to the lake, beach and public boat launch.

Previous occupants operated ice cream and sandwich shops. The space may also suit retail or food service uses.

Key Highlights

  • Approximately 2,200 square feet across upper‑level Suite 1 and lower‑level Suite 4
  • Rear patio area
  • Municipal parking nearby

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Locksmith Storage Facility Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher 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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.96 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

32
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A two-suite arrangement pairs upper-level retail space with lower-level storage and a rear patio.
Where is this retail space located?
The property is located at 167 Lake St. N - Suites 1 & 4 Forest Lake, MN.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Approximately 2,200 square feet across upper‑level Suite 1 and lower‑level Suite 4; Rear patio area; Municipal parking nearby
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