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$549,900 -$340,000 (-38.21%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 8,299 Sq. Ft.
  • 12,499 Acres
  • Updated 9 hours ago
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Expenses and income statements available upon request. Internet options: Centurylink and Midco. Roof was changed from flat to pitched in 1990 and was steel. Roof was changed to shingles in 2017. 100 amp electrical. Paved streets around the building. One of the corner stone business's of Forest Lake is for sale, Forest Lake Cycle. Skate was dropped from the name several years ago. Easy access and good traffic count. Business can be sold separately from the real estate, building and business for $649,900.

Full Property Details for 455 Lake St N

General

  • Price: $549,900
  • Taxes: $10,672 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6793710
  • Updated: 2/12/2026
  • Added to Site: 142 day(s) ago

Interior

  • Flooring: Carpet

Additional Information

  • Amenities: Security System, Security Lights, Walk-Up Attic

Parking

  • Parking Features: Paved Lot

Location

  • County: Washington
  • Township: Forest Lake
  • Driving Directions: Broadway & Lake St., N on Lake St to Property

School Information

  • School District: 2288 - Forest Lake
  • High School District: Forest Lake

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block, Brick, Concrete, Steel Siding
  • Foundation Size: 6612
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Ceiling Height: 8-10
  • Disability Access: Doors 36"+, Fully Wheelchair, No Stairs External
  • Square Feet: 8,299
  • Finished Down/Base.: 8,299 Sq. Ft.
  • Current Bldg. Use: Professional/Office, Recreational, Retail
  • Year Built: 1954

Lot Features

  • Lot Size (Acres): 12,499
  • Lot Dimensions: 100 x 125
  • Frontage: City Street, Paved Streets, Street Lights, Storm Sewer
  • Potential Use: Office, Professional Service, Retail, Shop, Wholesale, Income
  • Zoning: Other
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $10,672
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: All Utilities, Electricity, Exterior Maintenance, Fuel, Hot Water, HVAC Maintenance, Insurance, Janitorial Service, Grounds Care, Repairs, Telephone, Snow Removal, Taxes, Water
  • Pays Electric: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME FOREST LAKE LOT 7 BLOCK 12 SUBDIVISIONCD 32455 LOTS 7 & 8 012 FOREST LAKE ADD
  • Inclusions: Building, Fixture/Equipment, Inventory, Land
  • Property ID: 503221440066
Buyer's Brokerage Compensation: 2%
Not binding unless confirmed by separate agreement among applicable parties.

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— 455 Lake St N —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 455 Lake St N

School District:Forest Lake Public School District
NameGradesDistance
Forest Lake Elementary School
408 Southwest 4th Avenue, Forest Lake, MN 55025
4-60.7 mi
Forest Lake Area Middle School
21395 Goodview Avenue North, Forest Lake, MN 55025
7-91.8 mi
Forest Lake Senior High School
6101 Scandia Trail North, Forest Lake, MN 55025
10-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 455 Lake St N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Price Reduced
$549,900
-38.21%
MLS
9/23/2025
Listed
$889,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 455 Lake St N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,672
5%
$433,200
—
2024
$10,182
20%
$433,200
23%
2023
$8,494
—
$353,300
12%
2021
$8,468
-3%
$316,000
—
2020
$8,746
6%
$316,000
7%
2019
$8,268
7%
$295,700
5%
2018
$7,738
-13%
$281,600
—
2017
$8,862
—
$281,600
—
2016
$8,838
-2%
$281,600
—
2015
$8,984
-4%
$281,600
—
2014
$9,358
—
$281,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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455 Lake Street N, Forest Lake, MN 55025 (MLS# 6793710) is a Commercial property. 455 Lake Street N is currently listed for $549,900 and was received on September 23, 2025. This property is listed by Tim Garry from our Forest Lake Office.Want to learn more about 455 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.

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