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$650,000

  • Sold
  • Closed
  • Commercial
  • 12,040 Sq. Ft.
  • 0.956 Acres
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A long-established, Profitable Liquor Store Business that has been serving the Forest Lake area for well over 35 years is For Sale! All Inventory, Fixtures, Furniture and Equipment necessary to conduct business is included in the sale. The Owner is retiring and will remain Owner of the building. The business location is fantastic and as a requirement for purchase of the business, the Owner is offering attractive Net Lease terms for the 8430 square feet store/warehouse. This is an Excellent Business opportunity with a steady Customer base that has been developed over the last 35+ years!

Full Property Details for 1107 Lake St S

General

  • Sold For: $650,000
  • Taxes: $28,172 (2026)
  • Status: Closed
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7006157
  • Added to Site: 183 day(s) ago

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Driveway - Other Surface, Heated Garage, Parking Lot

School Information

  • School District: 831 - Forest Lake
  • High School District: Forest Lake

Heating & Cooling

  • Heating Type: Radiant
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Financial Considerations

  • Tax Amount: $28,172
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: See Remarks

Disclosures and Reports

  • Legal Description: SECTION 17 TOWNSHIP 032 RANGE 021 PT NE1/4-NE1/4 COM ON N LN SD NE1/4-NE1/4 WHERE SAME IS INTERSECTED BY ELY LINE OF HWY 61 AS NOW ESTABLISHED THENCE EAST ALONG SD NORTH LINE OF NE1/4 OF NE1/4 A DIST OF 12 RDS THENCE SOUTH & PAR WITH EAST LINE OF SD HWY A DIST OF 13-1/3 RDS THENCE WEST & PAR WITH NORTH LINE OF SD NE1/4 OF NE1/4 A DIST OF 12 RDS TO EAST LINE OF SD HWY 61 THENCE NORTH ALONG EAST LINE OF SD HWY A DIST OF 13-1/3 RDS TO PT OF BEG.SUBJECT TO EASEMENTS EXC ELY 1/2 ROD
  • Inclusions: Business, Fixture/Equipment, Inventory, Liquor License
  • Property ID: 1703221110003

Listed by LaBelle Real Estate Group Inc
Sold by Non-MLS

Listing agent

— 1107 Lake St S —

  • LaBelle Real Estate Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1107 Lake St S

School District:Forest Lake Public School District
NameGradesDistance
Forest Lake Elementary School
408 Southwest 4th Avenue, Forest Lake, MN 55025
4-60.6 mi
Forest View Elementary School
620 Southwest 4th Avenue, Forest Lake, MN 55025
K-30.6 mi
Forest Lake Area Middle School
21395 Goodview Avenue North, Forest Lake, MN 55025
7-90.7 mi
Forest Lake Senior High School
6101 Scandia Trail North, Forest Lake, MN 55025
10-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1107 Lake St S

Date
Details
Price
Change
Source
6/01/2026
Sold
$650,000
-5.8%
MLS
1/05/2026
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by LaBelle Real Estate Group Inc
Sold by Non-MLS

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1107 Lake Street S, Forest Lake, MN 55025 (MLS# 7006157) is a Commercial property that was sold at $650,000 on June 01, 2026. Want to learn more about 1107 Lake Street S? Do you have questions about finding other Commercial real estate for sale in Forest Lake? You can browse all Forest Lake real estate or contact a Coldwell Banker agent to request more information.