Search
Renovated School and Gymnasium Facility
For Sale
Contact for pricing

308 15th Street SW, Forest Lake, MN 55025

49,616 SF school and gymnasium on 2.72 acres.

Property Size49,616 SF
Lot Size2.72 Acres
Price / SF$110.85
Days on Market110

Property Features for 308 15th Street SW

General Information

Standard status Active
Size 49,616 SF
Lot size 2.72 Acres
Property subtype SPECIALTY
Listing Agency: Twin Realty, LLC
Listed By: Mike Hartman
Source: Moodyscre
Added: May 22 Changed: Aug 18 Last Checked: Sep 7 at 10:43AM

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 Twin Realty, LLC

Investment Insights

Based on property information with market context.

This property features a main school building and a gymnasium, totaling 49,616 square feet. The main school, constructed in 1970 and fully renovated in 2021, offers 40,816 rentable square feet across two floors, with a floorplate of 20,408 square feet. The gymnasium, built in 2014 and connected to the main school, provides an additional 8,800 rentable square feet with clear heights ranging from 26 to 29 feet. Situated on 2.72 acres, the property includes 104 parking stalls and is ADA compliant, featuring an ADA ramp. It is zoned B-3 Limited Industrial Business District. The property is equipped with 3-phase power at 120/208v, 1,200 amps. An elevator is present and is scheduled for renovation in 2025.

Key Highlights

  • Fully Renovated Main School Building (2021) with Connected Gymnasium (built 2014)
  • Large Building Size: 49,616 RSF Total (Main School & Gymnasium)
  • B‑3 Limited Industrial Business District Zoning

Property Analytics

Current Use

Schools

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

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
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?
School - 49,616 SF school and gymnasium on 2.72 acres.
Where is this school located?
The property is located at 308 15th Street SW Forest Lake, MN.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Fully Renovated Main School Building (2021) with Connected Gymnasium (built 2014); Large Building Size: **49,616 RSF Total** (Main School & Gymnasium); B‑3 Limited Industrial Business District Zoning
(612) 508-6019 Call to check price and availability
More about this property
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