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Forest Lake, MN

Restaurants

Forest Lake, MN Restaurants for Sale

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Freestanding Former Pizza Hut Restaurant

Updated: Aug 6

Freestanding Former Pizza Hut Restaurant

956 Lake Street South, Forest Lake, MN 55025

Contact for pricing

3,200 sqft

3,200‑square‑foot freestanding restaurant building
Built in 1979
Former Pizza Hut location with adaptable restaurant layout
Supports retail, restaurant, and service‑oriented uses
27,400 annual visits from 15,100 unique visitors over the past 12 months

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 Active listings in Forest Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Freestanding Restaurant Building

Freestanding Restaurant Building

38681 Tanger Dr, North Branch, MN 55056

Contact for pricing

3,699 sqft 0.97 AC lot

Renovated in 2022 with B-3 zoning, pylon signage, and convenient access near I-35.

Mixed-Use Building with Restaurant

Mixed-Use Building with Restaurant

4466 Centerville Road, White Bear Lake, MN 55127

$899,000

0.29 AC lot

Restaurant and catering improvements occupy the main level, with two updated leased apartments above.

North Branch Restaurant Opportunity

North Branch Restaurant Opportunity

5496 Saint Croix Trail, North Branch, MN 55056

Contact for pricing

2,975 sqft

Restaurant property in growing retail corridor near Interstate 35.

White Bear Lake Restaurant/Apartment Building

White Bear Lake Restaurant/Apartment Building

4466 Centerville Rd, White Bear Lake, MN

Contact for pricing

5,300 sqft 0.29 AC lot

Restaurant with two apartments in White Bear Lake, Minnesota.

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Undeveloped Lot in Business District

Undeveloped Lot in Business District

932 W Broadway Avenue, Forest Lake, MN 55025

$275,000

0.45 AC lot

High-visibility commercial land in the heart of Forest Lake.

Commercial Land at Highway Intersection

Commercial Land at Highway Intersection

Forest Boulevard N, Forest Lake, MN 55025

$699,000

3.03 AC lot

B3-zoned land supports restaurant, retail, office, medical, service station, storage, and light industrial uses.

Waterfront Commercial Land

Waterfront Commercial Land

3518 Bridge Street, Saint Francis, MN 55070

$224,900

1.72 AC lot

B-1 Business/Commercial zoning and water availability define the site's commercial development framework.

Shovel Ready Commercial Land

Shovel Ready Commercial Land

Cottage Grove, MN 55016

Contact for pricing

Commercial land in Cottage Grove, MN, ready for development.

Off-Market Properties in Forest Lake, MN

Consider similar Off-Market properties in Forest Lake, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

131 Lk N St

RESTAURANT

131 Lk N St, Forest Lake, MN 55025-2504

Estimated value:

$1,400,000

6,523 sqft 0.19 AC lot

956 Lk S St

RESTAURANT

956 Lk S St, Forest Lake, MN 55025-2615

Estimated value:

$300,000

3,030 sqft 0.67 AC lot

1155 Broadway Ave

RESTAURANT

1155 Broadway Ave, Forest Lake, MN 55025-1416

Estimated value:

$850,000

5,579 sqft

43 19th SW St

RESTAURANT

43 19th SW St, Forest Lake, MN 55025-1346

Estimated value:

$410,000

3,884 sqft 0.94 AC lot

120 12th SW St

DRIVE-THRU RESTAURANT, FAST FOOD

120 12th SW St, Forest Lake, MN 55025-1466

Estimated value:

$385,000

3,994 sqft 0.90 AC lot

8241 Shr N Trl

RESTAURANT

8241 Shr N Trl, Forest Lake, MN 55025-8338

Estimated value:

$475,000

7,639 sqft 0.24 AC lot

1279 Broadway Ave

DRIVE-THRU RESTAURANT, FAST FOOD

1279 Broadway Ave, Forest Lake, MN 55025-1418

Estimated value:

$295,000

2,420 sqft

59 Lk S St

RESTAURANT

59 Lk S St, Forest Lake, MN 55025-2684

Estimated value:

$270,000

3,966 sqft 0.13 AC lot

132 Lk N St

DRIVE-THRU RESTAURANT, FAST FOOD

132 Lk N St, Forest Lake, MN 55025-2503

Estimated value:

$265,000

2,120 sqft 0.14 AC lot

1232 Broadway Ave

DRIVE-THRU RESTAURANT, FAST FOOD

1232 Broadway Ave, Forest Lake, MN 55025-1417

Estimated value:

$350,000

3,264 sqft

9726 Scandia N Trl

RESTAURANT

9726 Scandia N Trl, Forest Lake, MN 55025-8934

Estimated value:

$280,000

3,367 sqft 1.96 AC lot

919 Broadway Ave

DRIVE-THRU RESTAURANT, FAST FOOD

919 Broadway Ave, Forest Lake, MN 55025-1412

Estimated value:

$350,000

2,722 sqft

1131 Broadway Ave

DRIVE-THRU RESTAURANT, FAST FOOD

1131 Broadway Ave, Forest Lake, MN 55025-1416

Estimated value:

$365,000

3,623 sqft

22790 Everton N Ave

DRIVE-THRU RESTAURANT, FAST FOOD

22790 Everton N Ave, Forest Lake, MN 55025-9339

Estimated value:

$395,000

3,713 sqft 1.23 AC lot

556 12th SW St

NIGHTCLUB (COCKTAIL LOUNGE)

556 12th SW St, Forest Lake, MN 55025-1753

Estimated value:

$610,000

14,216 sqft 4.33 AC lot

335 12th SW St

RESTAURANT

335 12th SW St, Forest Lake, MN 55025-1750

Estimated value:

$310,000

5,060 sqft 0.60 AC lot

55 Lk S St

RESTAURANT

55 Lk S St, Forest Lake, MN 55025-2602

Estimated value:

$445,000

15,602 sqft 0.56 AC lot

1244 Broadway Ave

DRIVE-THRU RESTAURANT, FAST FOOD

1244 Broadway Ave, Forest Lake, MN 55025-1417

Estimated value:

$475,000

6,492 sqft 2.50 AC lot

555 Lk S St

DRIVE-THRU RESTAURANT, FAST FOOD

555 Lk S St, Forest Lake, MN 55025-2610

Estimated value:

$280,000

2,664 sqft 0.15 AC lot

Forest Lake, MN Restaurants Market Trends and Statistics

Explore 20 restaurants for sale in Forest Lake, MN on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 26K

Population Growth (5Y) +4.4%

Median Household Income $95,993

College Educated 45.9%

Taxes & Financing

Tax Rate (average for all types) 2.61%

Property Tax per SF $35.03 per SF

Tax Rate vs County Average 0.20 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

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