Date
Details
Price
Change
Source
4/24/2026
Listed
$379,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$379,000
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Property Description
This Downtown Forest Lake building is in a PRIME Retail/Office area and adjacent to the public boat landing, Lakeside Park and Beach. The owner of this Forest Lake building originally purchased the property with the intent to develop a retail location for their outdoor watersports company. They started demolition of the interior to clear out the space, but then changed directions after acquiring their company store / warehouse in New Brighton. 115 Lake St. N., Forest Lake is currently an open blank space ready for your inspiration and work.
Full Property Details
Full Property Details for 115 Lake St N
General
- Price: $379,000
- Taxes: $6,508 (2024)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7061667
- Updated: 5/4/2026
- Added to Site: 165 day(s) ago
Parking
- Parking Features: Other, Paved Lot
Location
- County: Washington
- Township: Forest Lake
- Driving Directions: I35 to Forest Lake, go E on W Broadway to Lake Street, then North to Property
School Information
- School District: 831 - Forest Lake
- High School District: Forest Lake
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Boiler, Other
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate, Heating Separate
Structural Information
- Exterior Const.: Block, Brick, Frame
- Basement: Yes
- Basement Desc.: Block, Full, Storage Space, Unfinished
- Foundation Size: 1144
- Roof: Asphalt, Pitched
- Disability Access: None
- Current Bldg. Use: Vacant
- Year Built: 1914
Lot Features
- Lot Dimensions: 37 x 262
- Frontage: Curbs, Sidewalks, Street Lights, State Road
- Zoning: Business/Commercial
- Lot Description: Accessible Shoreline, Property Adjoins Public Land
Water Features
- Water Front Desc.: Lake View
- Lake Front: Yes
Financial Considerations
- Tax Amount: $6,508
- Tax Year: 2024
- Terms: Conventional, Cash, Other
Disclosures and Reports
- Legal Description: LOT 6, BLOCK 26, VILLAGE OF FOREST LAKE
- Inclusions: Building
- Property ID: 803221120078
Listed by Keller Williams Integrity Realty
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— 115 Lake St N —
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NMLS#: 1598647
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Schools
Schools serving 115 Lake St N
School District:Forest Lake Public School District
| Name | Grades | Distance |
|---|---|---|
Forest Lake Elementary School 408 Southwest 4th Avenue, Forest Lake, MN 55025 | 4-6 | 0.5 mi |
Forest View Elementary School 620 Southwest 4th Avenue, Forest Lake, MN 55025 | K-3 | 0.5 mi |
Forest Lake Area Middle School 21395 Goodview Avenue North, Forest Lake, MN 55025 | 7-9 | 1.5 mi |
Forest Lake Senior High School 6101 Scandia Trail North, Forest Lake, MN 55025 | 10-12 | 1.5 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 115 Lake St N
Tax History
Tax History for 115 Lake St N
Year
Property Taxes
Change
Tax Assessment
Change
2026
$7,076
4%
$298,500
—
2025
$6,834
51%
$298,500
37%
2023
$4,540
—
$217,400
46%
2023
$4,540
52%
$149,000
3%
2021
$2,994
-3%
$144,100
—
2020
$3,076
34%
$144,100
27%
2018
$2,296
-26%
$113,800
—
2017
$3,118
—
$113,800
—
2016
$3,112
27%
$113,800
-4%
2019
$2,460
-22%
$118,400
4%
2015
$3,162
-4%
$113,800
—
2014
$3,296
—
$113,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 Lake St N
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115 Lake Street N, Forest Lake, MN 55025 (MLS# 7061667) is a Commercial property. 115 Lake Street N is currently listed for $379,000 and was received on April 24, 2026. Want to learn more about 115 Lake Street N? 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.