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  • 119 Lake St N

  • Forest Lake, MN 55025
  • Neighborhood: Forest Lake
  • $224,900
  • HOA: 0.00
  • MLS® #: 5257525
  • Year Built:
  • Days Listed: 108
Land property for sale in Forest Lake, MN at 119 Lake St N. This property is priced at $1,070,952/acre.

Description of 119 Lake St N, Forest Lake, MN 55025 - $224,900

Redevelopment Opportunity! Prime retail/office location with Forest Lake views. The 0.21 acre lot has an existing 7K building that is a tear down. The City of Forest Lake is offering a $5K tax rebate. Zoned MU-1 Downtown Mixed-Use District has many permitted uses such as multi-family, office, retail, restaurants, taprooms, distilleries, public parking, etc. Multi-family and mixed use will require building a subterranean parking lot. Commercial buildings have no parking requirements. City will allow up to 4 stories in height. Management Watershed District is mandating a Storm Water Reservoir be built on property. Please contact City Watershed District to discuss feasibility. All tours by appointment only. Do not disturb Tenants.

Essential Information

  • MLS® #5257525
  • Price$224,900
  • Acres0.21
  • TypeLand
  • StatusActive


  • WaterfrontLake View

School Information

  • District831 - Forest Lake

Community Information

  • Address119 Lake St N
  • SubdivisionForest Lake
  • CityForest Lake
  • CountyWashington
  • StateMN
  • Zip Code55025


Electric, City Water, City Sewer

Additional Information

  • Listing OfficeRe/max Results
  • Date ListedJuly 2nd, 2019
  • Days on Market108
  • ZoningBusiness/Commercial

HOA Fees

  • Fee0.00


City Lights, Harbor, Lake, Panoramic, East

Kris LindahlREALTOR®

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The data relating to real estate for sale on this 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 Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on October 17th, 2019 at 8:20pm CDT.