Office Space
25 Lake Street North, 135 Forest Lake, MN 55025
Details & Description
Price: $583,660
    Investment property - office condo ideally situated at the corner of Broadway and Lake Street. This mixed use property has a mix of residential, retail and office tenants. Spectacular location with views of the park and Forest Lake.Current Tenant: Forest Lake OrthodonticsLease Expires: 1/1/2018Current Lease Amount: $6.63/sf2017 Taxes - $15,482
    Listing Agents
    Robert Bayer
    KW Commercial
    O: 651-379-2800
    M: 651-895-3943
    robert.bayer@kwcommercial.com
    Dale Severson
    KW Commercial
    O: 651-379-2800
    M: 651-491-1620
    dales@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    25 Lake Street North, 135

    Forest Lake, MN 55025

    Listing ID: 265980
    25 Lake Street North, 135 Forest Lake, MN 55025 | for Sale | Photo 1
    Building Size: 4,169 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $140.00
    Land $/SF:
    Price
    $583,660
    Description

    Investment property - office condo ideally situated at the corner of Broadway and Lake Street. This mixed use property has a mix of residential, retail and office tenants. Spectacular location with views of the park and Forest Lake.

    Current Tenant: Forest Lake Orthodontics

    Lease Expires: 1/1/2018

    Current Lease Amount: $6.63/sf

    2017 Taxes - $15,482

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    St Paul History of Office Space for Sale

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    Forest Lake Area Market Trends

    Listing Demographics for 25 Lake Street North, 135 Forest Lake, MN 55025

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,63719,74334,584
    Population Median Age373940
    Population by Age0-9 Yrs756 (13%)2566 (12%)4220 (12%)
    10-19 Yrs542 (9%)2503 (12%)4511 (13%)
    20-29 Yrs1036 (18%)2527 (12%)4003 (11%)
    30-39 Yrs897 (15%)2574 (13%)4195 (12%)
    40-49 Yrs694 (12%)2482 (12%)4506 (13%)
    50-59 Yrs749 (13%)3146 (15%)5767 (16%)
    60-69 Yrs579 (10%)2029 (10%)3872 (11%)
    70+ Yrs384 (6%)1916 (9%)3510 (10%)
    Median HH Income$63,840$82,714$88,763
    Total Household Income< 24K385 (15%)860 (11%)1274 (9%)
    25-49K612 (24%)1192 (15%)1935 (15%)
    50-74K587 (23%)1337 (17%)2145 (16%)
    75-99K295 (11%)1114 (14%)1984 (15%)
    100-199K542 (21%)2466 (33%)4563 (35%)
    200K+65 (2%)497 (6%)992 (7%)
    Highest Education LevelNo Diploma1667371282
    Diploma or GED109536906843
    Some College91031285765
    Assoc. Degree38014582685
    Bachelors Degree97130714952
    Higher Degree17511312083
    Total Housing Units2,6247,92713,691
    --Owner-Occupied1,1905,36410,193
    --Renter-Occupied1,2962,1012,699
    Owner-Occupied Values< 100K69244387
    100-199K37510721842
    200-299K47220023889
    300-399K10710362178
    400-499K85495913
    500K+82515985
    Total Working Age Population4,54915,56927,491
    In Work Force3,42311,12019,509
    Not In Work Force1,1264,4497,982
    Workforce Employed3,32010,74118,859
    Workforce Unemployed103378649
    Civlian Workforce3,42311,12019,509
    Military Workforce000
    Total Households2,4867,46512,892
    Family Households1,4465,3639,702
    Non-Family Households1,0412,1013,190
    Married Couple1,0254,1837,750
    Other Family4201,1801,952
    Married w/Child3431,5412,787
    Single Male w/Child77163355
    Single Female w/Child150486707

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Minnesota4,919,479+85,303,925+75,687,161+55,974,304
    Anoka County298,084+11330,844+8358,469+6380,651
    Chisago County41,101+3153,887+556,696+458,713
    Washington County201,130+18238,136+11264,517+8285,490
    Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
    Polk County41,319+744,205+847,680+1253,240

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 25 Lake Street North, 135 in Forest Lake?
    The asking price for 25 Lake Street North, 135 is $583,660
    What is the building size of this Office property in Forest Lake, MN?
    The size of the building/unit at 25 Lake Street North, 135 in Forest Lake is 4,169 square feet
    What kind of Office is the propery at 25 Lake Street North, 135?
    The property at 25 Lake Street North, 135 Forest Lake, MN 55025 is listed as a Medical Office property
    What is the population within 1 mile of 25 Lake Street North, 135 in Forest Lake?
    The population within 1 mile of 25 Lake Street North, 135 Forest Lake, MN 55025 is 5,637 people.
    Who do I contact for questions about 25 Lake Street North, 135?
    You should contact the listing agent, Robert Bayer, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 30
    Rochester International Airport (RST) 98
    Duluth International Airport (DLH) 114
    Price
    $583,660
    Listing Agent
    Listing Co-Agent
    Robert Bayer - CRE Agent at KW Commercial

    Dale Severson

    Independent Agent
    More listings from Robert Bayer
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