167 Lake Street NForest Lake, MN 55025
$599,000
0.121 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1937
- Lot
- 0.121 acres
- Heating
- Natural Gas, Forced Air
- Property taxes
- $14,668 a year
- Listed
- March 17, 2026
- MLS number
- 7035726
Listing courtesy of eXp Realty (Shawn Augustine). MLS #7035726.
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How it compares
167 Lake Street N, Forest Lake, MN 55025 is a single-family home built in 1937, listed for $599,000 on March 17, 2026 by eXp Realty. That is in the upper quarter of the 52 single-family homes for sale in Forest Lake right now (median $475,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Forest Lake community guideSchools, commutes, parks, home values and local stories.
- Forest Lake housing market, September 2026Homes sold for a median $429,900 over 12 months (+5.5%), 57 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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