Share This Listing

Message

946 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • High-visibility main level corner unit with strong traffic counts on Highway 97 and Highway 61.
  • Parking available on two sides of the building for convenient access.
  • Flexible space suitable for office, retail, medical, or service-based businesses.
  • Option for a drive-thru window to support customer service needs.

Executive Summary

Proximity to Forest Lake City Hall, high-density neighborhoods, and local schools creates a desirable environment for businesses looking to serve the area’s growing population. With a manageable HOA fee and strong regional connectivity, this property blends affordability with long-term operational value.

1 Unit Available

Unit 1A

Unit Size 1,464 SF
Price $330,705 CAD
Price Per SF $225.89 CAD
Condo Use Office/Retail
Sale Type Owner User
Description

The property’s versatile layout makes it ideal for professional office, retail, medical, or service uses. A drive-thru window option adds an additional layer of functionality for tenants seeking customer convenience.

Sale Notes

Located along Highway 97 with immediate access to Highway 61, this commercial condo offers strong visibility and convenience in the growing Forest Lake market. The rare main level corner positioning ensures excellent exposure, while on-site parking on two sides accommodates client and customer traffic with ease.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 26,000 SF
Property Type Retail (Condo)
Property Subtype Storefront
Building Class B
Floors 1
Typical Floor Size 1,776 SF
Year Built 1998
Lot Size 3.38 AC
Parking Ratio 10/1,000 SF

Amenities

  • 24 Hour Access
  • Corner Lot
  • Dedicated Turn Lane
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Anytime Fitness
MidWestOne Bank
Farrell's Exreme Bodyshaping
  • Listing ID: 40302423

  • Date on Market: 2026-04-27

  • Last Updated:

  • Address: 255 Highway 97, Forest Lake, MN 55025

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}