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Leased Specialty Property
For Sale
$599,000

167 Lake Street N, Forest Lake, MN 55025

The property is fully occupied and carries Business/Commercial zoning.

Property SizeContact for details
Days on Market8

Property Features for 167 Lake Street N

General Information

Standard status Active
Property subtype Commercial
Zoning Business/Commercial
Occupancy 100%

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $14,668

Building Details

Year Built 1937
Units 3
Listing Agency: eXp Realty
Listed By: Shawn Augustine
Source: Getyoumoved
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 26 at 4:12AM

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 specialty property at 167 Lake Street N in Forest Lake was built in 1937 and is zoned Business/Commercial. The building is fully leased, with rental income from its current occupancy. Existing leases and rent roll may be reviewed with a signed NDA.

The property is situated among established businesses in Forest Lake. Showings can be arranged with tenant coordination during regular weekday business hours.

Key Highlights

  • Fully leased building
  • Business/Commercial zoning
  • Built in 1937

Property Analytics

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

Current Use

Specialty properties

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

100%
Occupancy

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
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Specialty property - The property is fully occupied and carries Business/Commercial zoning.
Where is this specialty property located?
The property is located at 167 Lake Street N Forest Lake, MN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Fully leased building; Business/Commercial zoning; Built in 1937
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