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    OFF-MARKET
    Retail properties & Spaces

    955 Broadway Ave Forest Lake, MN 55025

    4,680 SF 1.18 ac lot Built 2001
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    AI-generated overview

    This exceptional 1.18-acre commercial property in Forest Lake, Minnesota, presents a compelling redevelopment opportunity. Currently featuring a car wash and two retail spaces (one with drive-thru potential), totaling 4,680 square feet, the site offers significant flexibility for various uses. The property boasts high visibility and traffic counts, situated just two blocks from I-35 and the Forest Lake exit, within the heart of the B2 Highway Business District. Two convenient access points are available via West Broadway Avenue and First Avenue Northeast. The property's zoning allows for a wide range of possibilities, making it ideal for quick-service restaurants (QSR), medical facilities, or automotive businesses. Built in 2001, this multi-tenant property is listed at $999,000 and includes APNs 08.032.21.22.0059

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2001
    Total area 4,680 SF
    Lot 1.18 ac (51,401 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    955 Broadway Ave, Forest Lake, MN, 55025
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