Retail

Forest Lake, MN Retail Properties & Spaces for Sale

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Open-Plan Storefront
Updated: Apr 24
Open-Plan Storefront

115 Lake Street N, Forest Lake, MN 55025

$379,000
Open interior following demolition work
Built in 1914 with block, brick and frame construction
Oil heat and central air conditioning
Basement and shingle roof
Adjacent to a public boat landing, Lakeside Park and Beach
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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
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Forest Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

Retail Condo with Subway Tenant
Retail Condo with Subway Tenant

100-30962 Fenway Avenue, Stacy, MN 55079

$375,000
2,387 sqft

The current Subway operator is open to leasing the space back to a new owner.

View details
Retail Space with Salon Fixtures
Retail Space with Salon Fixtures

12820 Lake Boulevard, Lindstrom, MN 55045

$250,000
0.02 AC lot

Established salon operation with updated building systems and on-site driveway parking.

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Retail Condo with Operating Tenant
Retail Condo with Operating Tenant

30962 Fenway Avenue, Stacy, MN 55079

$375,000
0.06 AC lot

An operating Subway occupies the suite, and the owner is open to a leaseback arrangement.

View details
Two-Story Downtown Retail Space
Two-Story Downtown Retail Space

12740 Lake Boulevard, Lindstrom, MN 55045

Contact for pricing
0.11 AC lot

An open-plan sales floor pairs historic interior details with a large unfinished lower level.

View details

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.

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Commercial Land at Highway Intersection
Commercial Land at Highway Intersection

Forest Boulevard N, Forest Lake, MN 55025

$599,000
3.03 AC lot

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

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

Forest Boulevard N, Hugo, MN 55038

$675,000
2.09 AC lot

Commercial parcel with water availability and frontage along a major highway.

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Land For Sale Lindstrom
Land For Sale Lindstrom

12207 Lake Lane N, Lindstrom, MN 55045

$1,110,000

Land available in Chisago County.

View details

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.

1079 Broadway Ave
SERVICE STATION (FULL SERVICE)

1079 Broadway Ave, Forest Lake, MN 55025-2677

Estimated value:
$1,435,000
8,272 sqft
View details
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
View details
2013 Broadway Ave
WHOLESALE OUTLET, DISCOUNT STORE

2013 Broadway Ave, Forest Lake, MN 55025-4500

Estimated value:
$15,150,000
69,290 sqft 7.68 AC lot
View details
2009 Broadway Ave
MINI-MALL

2009 Broadway Ave, Forest Lake, MN 55025-9374

Estimated value:
$15,150,000
25,763 sqft 2.73 AC lot
View details
608 Lk S St
SHOPPING CENTER, STRIP CENTER

608 Lk S St, Forest Lake, MN 55025-2666

Estimated value:
$410,000
11,794 sqft 0.66 AC lot
View details
668 Lk S St
RETAIL STORES (PERSONAL SERVICES)

668 Lk S St, Forest Lake, MN 55025-2611

Estimated value:
$570,000
3,450 sqft 0.20 AC lot
View details
44 Lk S St
SHOPPING CENTER, STRIP CENTER

44 Lk S St, Forest Lake, MN 55025-4400

Estimated value:
$750,000
5,447 sqft 0.32 AC lot
View details
107 Lk N St
RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:
$235,000
5,522 sqft 0.25 AC lot
View details
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
View details
20 5th NW Ave
VEHICLE SALES, RENTALS

20 5th NW Ave, Forest Lake, MN 55025-1160

Estimated value:
$745,000
7,040 sqft 0.68 AC lot
View details
767 Lk S St
RETAIL STORES (PERSONAL SERVICES)

767 Lk S St, Forest Lake, MN 55025-2613

Estimated value:
$295,000
3,024 sqft
View details
1155 Broadway Ave
RESTAURANT

1155 Broadway Ave, Forest Lake, MN 55025-1416

Estimated value:
$850,000
5,579 sqft
View details
407 Lk S St
RETAIL STORES (PERSONAL SERVICES)

407 Lk S St, Forest Lake, MN 55025-2647

Estimated value:
$115,000
1,430 sqft 0.26 AC lot
View details
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
View details
1960 Broadway Ave
SHOPPING CENTER, STRIP CENTER

1960 Broadway Ave, Forest Lake, MN 55025-1381

Estimated value:
$460,000
10,020 sqft 1.76 AC lot
View details
132 19th SW St
VEHICLE SALES, RENTALS

132 19th SW St, Forest Lake, MN 55025-1347

Estimated value:
$1,135,000
4,160 sqft
View details
967 Lk S St
RETAIL STORES (PERSONAL SERVICES)

967 Lk S St, Forest Lake, MN 55025-2616

Estimated value:
$340,000
3,600 sqft 0.22 AC lot
View details
1407 Lk S St
RETAIL STORES (PERSONAL SERVICES)

1407 Lk S St, Forest Lake, MN 55025-2622

Estimated value:
$180,000
1,560 sqft 1.14 AC lot
View details
107 12th SW St
SHOPPING CENTER, STRIP CENTER

107 12th SW St, Forest Lake, MN 55025-1467

Estimated value:
$3,150,000
6,816 sqft 1.04 AC lot
View details
95 8th SW Ave
RETAIL STORES (PERSONAL SERVICES)

95 8th SW Ave, Forest Lake, MN 55025-1877

Estimated value:
$280,000
8,480 sqft 0.68 AC lot
View details
167 Lk N St
SHOPPING CENTER, STRIP CENTER

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

Estimated value:
$510,000
2,935 sqft 0.12 AC lot
View details
119 Lk N St
RETAIL STORES (PERSONAL SERVICES)

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

Estimated value:
$255,000
6,660 sqft 0.21 AC lot
View details

Forest Lake, MN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces 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, with an estimated market value of $379,000.

Sale prices for stores in Forest Lake, MN average $379,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 3
Storefront properties 2

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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