Property profile

79 Lk St Forest Lake, MN 55025

OFF-MARKET
Specialty properties
8,460 SF
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Property summary

AI-generated overview

This exceptional single-tenant property, located in downtown Forest Lake, offers 8,460 square feet of versatile space ideal for a variety of uses. Currently vacant, this Class C building presents a unique opportunity for an entrepreneur or established business seeking a prominent location. The property's zoning allows for a range of possibilities, including retail, batting cages, golf training, pickleball, tennis, and general training facilities. The single-story structure provides ample space for both operational needs and potential expansion. With flexible lease terms available, this property is perfectly suited for a business seeking a customizable space to meet its specific requirements. The substantial square footage allows for a large-scale operation or the potential to subdivide the space for multiple uses. The building's prominent downtown location ensures high visibility and accessibility for customers. This is an exceptional opportunity to establish a thriving business in a vibrant community. The property is ready for immediate occupancy, offering a blank canvas for a new venture or the relocation of an existing one. Serious inquiries are encouraged to explore the potential of this unique and versatile commercial space. Contact us today to schedule a viewing and discuss your business needs.

Property profile

Verified
Property type Specialty properties
Total area 8,460 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

79 Lk St Forest Lake, MN 55025
Forest Lake metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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