Home › 1107 Lake Street S, Forest Lake, MN 55025 (MLS# 7006157)

1107 Lake Street S, Forest Lake, MN 55025 (MLS# 7006157)

$690,000
1107 Lake Street S
Forest Lake, MN 55025
MLS# 7006157
Status: Pending

1107 Lake Street S, Forest Lake, MN 55025
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1107 Lake Street S, Forest Lake, MN 55025 1107 Lake Street S, Forest Lake, MN 55025

Property Description
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!

Details
Maps
Contract Information
Status: Pending
Off Market Date: 2026-03-19
Current Price: 690000
Contingency: None
ListPrice: 690000
List Date: 2026-01-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 20
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 8340
Garage Stalls: 1
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.95
Lot Dimensions: 189x220
Assessment Pending: No
Location Tax and Other Information
House Number: 1107
Street Name: Lake
Street Suffix: Street
Street Direction Suffix: S
Postal City: Forest Lake
County: Washington
State: MN
Zip Code: 55025
Additional Parcels Information
Property ID #2: 1703221110008
Assessments
Tax With Assessments: 28172
Basement
Foundation Dimensions: 68 x 90 + 30 x 74
Building Information
Building Finished SqFt: 8340
Building SqFt: 12040
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Height: 10
Garage Door Width: 10
Public Survey Info
Range#: 21
Section#: 17
Township#: 32
Sale Options
Sale Includes: Business, Fixture/Equipment, Inventory, Liquor License
Unit 1
Unit Number: 1
Leased?: No
Unit Details
Total Units: 2
Property Features
Accessible: No Stairs External; No Stairs Internal
Appliances: Microwave; Refrigerator
Assumable Loan: Not Assumable
CMU Style: Business Opportunity; Freestanding
Construction Materials: Block; Concrete; Frame
Construction Status: Previously Owned
Current Use: Commercial; Retail
Exterior: Metal
Flooring: Concrete Slab; Vinyl/Linoleum
Foundation: Concrete Block; Slab
Fuel: Electric; Natural Gas
Heating: Radiant
Loan Terms: Cash; Conventional
Lock Box Type: None
Lot Description: Corner Lot
Miscellaneous Information: 440 Volt; Three Phase
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Overhead Door Clearance: 0-9 Feet
Owner Pays: See Remarks
Parking Characteristics: Parking Lot; Heated Garage
Potential Use: Retail
Road Frontage: City Street; County Road; Paved Streets
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles; Metal
Sewer: City Sewer/Connected
Stories: One
Topography: Level
Wall Description: Insulated; Metal
Water: City Water/Connected

Listing Office: LaBelle Real Estate Group Inc

Last Updated: May - 20 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 21st of May 2026 05:53 PM

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