For Sale: Forest Lake MLS# 7107235
Active
$800,000
Commercial: Other
Built 1939
0.149 acres
Forest Lake schools
MLS# 7107235
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Rare opportunity to own a well-maintained mixed-use office building in the heart of downtown Forest Lake! Situated on a prominent corner lot just blocks from Forest Lake and surrounded by restaurants, shops, and local amenities, this three-story professional office building offers exceptional visibility and convenience. Featuring nine office suites with approximately three currently vacant, the property presents an ideal opportunity for an owner-occupant to establish their business while generating income from existing tenants. Recent improvements include a new $20, 000 air conditioning system, providing added value and peace of mind. Ample on-site parking with approximately 10 spaces makes access easy for tenants and clients alike. Well suited for professional offices, financial services, legal practices, insurance agencies, consulting firms, or appointment-based medical and dental offices. Whether you're expanding your business or adding to your investment portfolio, this versatile property offers outstanding potential in one of Forest Lake's most desirable commercial locations.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Commercial
City:
Forest Lake
Garage Spaces:
0
County:
Washington
Year Built:
1939
State:
MN
Property Style:
Other
Zip Code:
55025
Subdivision Name:
Forest Lake
Exterior
Stories:
Three Or More
Garage Spaces:
0
Foundation Size:
2,552 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
- Paved Lot
- Unassigned
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.149
Geolocation:
45.277102, -92.984387
Inclusions:
Building
Lot Dimensions:
Varied
Zoning:
Business/Commercial
Schools
School District:
831
District Phone:
6519828103
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,202
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,202
Units
Total Units:
1
Miscellaneous
Current Use:
Office
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.