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

  • MLS# 5234003
  • Sub-Type Resale
  • Status Active
  • Year 1912
  • Days On Site 36
SQ Feet 7,000
Story(s) 1
Units 1
Zoning Business/Commercial
Listing Provided By:
Mark Hulsey  of  RE MAX Results
119 Lake St N, Forest Lake - existing building needs to be demolished
119 Lake St N, Forest Lake - existing building needs to be demolished
Prime Real Estate with Water Views in Forest Lake
BLDG PARKLAKE PHOTO HURSH 1
 
Existing Building needs to be demolished. Front Of Building
Front
Surrounded by retail shops
One of few properties with views of the water - Back Of Property
Property can be seen from the water
Behind the building is water and new construction
 
Back of Building at 119 Lake St N - Developers Needed
The deck has amazing views of the water and park
Front of building on Lake St N with parking on street
Parking lot in back of building
Boat launching is directly behind building
Lakeside Park is behind the building
A few doors down is new contruction
City has demolition incentives
 
Back of building
12.JPG
Side of building view looking at the water
Boat Club is behind the building
Building has alley leading to water
Across the street retail shopping center
Retail shopping center
Same side of street retail shopping
Cherrywood Pointe Senior Apartments across street
New medical building across street
View of 119 Lake St N from across the street
BUILDING 7-25-17
lakedock
119 Lake Street North
4629766
Forest-Lake-minnesota
IMG_1691-R-US-61
3. 119 lake street n 2
this listing $279,000
24.98%
$371,900 in 55025
this listing 7,000 SqFt
166.16%
2,630 SqFt in 55025
this listing $40 $/SqFt
71.81%
$141 $/SqFt in 55025
this listing 36 on site
40.98%
61 on site in 55025

Location

State MN
County Washington
City Forest Lake
Zip Code 55025
Area Forest Lake (MN)

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