$599,000
167 Lake Street N Forest Lake, MN 55025
For Sale MLS# 7035726
5,850 sq ft Commercial
Details for 167 Lake Street N
MLS# 7035726
Description for 167 Lake Street N, Forest Lake, MN, 55025
Prime commercial investment opportunity in the heart of Forest Lake. This well-located property at 167 Lake St. N offers excellent visibility, easy access, and strong traffic exposure. The building is currently fully leased, providing immediate rental income for investors. Positioned in a growing community with established surrounding businesses, this is a turnkey addition to any portfolio. Rent roll and leases available for review with signed NDA. Showings available upon tenant coordination, during normal business hours, Monday-Friday.
Listing Information
Property Type: Commercial, Office,Retail/Shopping Center
Status: Active
Lot Size: 0.12 Acres
Square Feet: 5,850 sq ft
Year Built: 1937
Foundation: 2,489 sq ft
Stories: 1 Story
Subdivision: Forest Lake
Number Of Units Total: 3
Current Use: Office,Restaurant
County: Washington
Days On Market: 83
Construction Status: Previously Owned
School Information
District: 831 - Forest Lake
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 5
Parking Description: Parking Lot
Exterior: Other
Lot Dimensions: getting
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building
Driving Directions
Interstate 35N to Forest Lake-Broadway Ave. exit, and go East to Highway 61, go north to corner of NE 2nd Ave., building will be on the right.
Financial Considerations
Tax/Property ID: 0803221120073
Tax Amount: 14668
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: eXp Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 167 Lake Street N
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 167 Lake Street N
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.