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  • 255 Highway 97

  • Forest Lake, MN 55025
  • Neighborhood: CIC 111
  • $299,900
  • MLS® #: 5489935
  • Year Built: 1997
  • Days Listed: 94
Commercial Sale property for sale in Forest Lake, MN at 255 Highway 97. This property is priced at $/acre.

Description of 255 Highway 97, Forest Lake, MN 55025 - $299,900

Investment opportunity! Start earning income immediately. Two leased business condo units (Separate PID's - same tenant). High visibility location in growing Forest Lake. Located on Hwy 97 with high traffic counts and an area of town with lots of recent redevelopment. Across from high school and middle school with easy access. Association takes care of most duties and costs, very limited management time required. Tenants pay utilities. Great property to add to or start an investment portfolio. Great option for 1031 exchange.

Essential Information

  • MLS® #5489935
  • Price$299,900
  • Acres0.00
  • Year Built1997
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StyleBusiness
  • StatusActive


  • HeatingForced Air
  • CoolingCentral Air

Community Information

  • Address255 Highway 97
  • SubdivisionCIC 111
  • CityForest Lake
  • CountyWashington
  • StateMN
  • Zip Code55025


  • RoofAsphalt,Pitched


  • AmenitiesFire Sprinkler System
  • GaragesAsphalt,Paved


Brick/Stone,Metal Siding,Vinyl Siding

Additional Information

  • Listing OfficeRealty Executives Top Results
  • Days on Market94
  • ZoningBusiness/Commercial

Kris LindahlREALTOR®

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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than Kris Kindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Kindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Kindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on May 31st, 2020 at 5:20pm CDT.