Jerry Van Hoof - Coldwell Banker River Valley Realtors
119 Lake St N
Forest Lake, MN 55025

Description

Prime Forest Lake retail ready for redevelopment. This 7000 SF property backs up to the popular Forest Lake shore. Property currently has month to month lease tenant with movie theater in the back. The City of Forest Lake is eager to work with investors/developers to revitalize this building offering many permitting abatements & Tax Increment Financing. Zoned MU-1 Downtown Mixed-Use District this property has possible uses such as full service restaurant, taproom, distillery, medical office, etc

Details

MLS#5025140
Sub-TypeResale
StatusActive
Year1912
Days On Site58

Features

SQ Feet7,000
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55025

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Area Information

StateMN
CountyWashington
CityForest Lake
Zip Code55025
AreaForest Lake (MN)
Listing VS Median (in 55025)
Price:
$279,000
low | high
Med:
$343,450
26.899641577061% of Average
SqFt:
7,000
low | high
Med:
1,351
100% of Average
$ / SqFt:
$40
low | high
Med:
$254
100% of Average
On Site:
58
low | high
Med:
254
22.834645669291% of Average
Listing Updated: 01/16/2019
MLS Number: 5025140
Listing Provided By:
Mark Hulsey  of  RE MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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