Forest Lake, MN Commercial Real Estate for Lease and Sale

Explore 17 listings of Forest Lake commercial real estate to find the best space for your business.

Northland Plaza

1500 Lake Street South, Forest Lake, MN
Property

Office

42,879 SF
Availability

3 Spaces

13,256 SF
Year Built

1988
For Lease

$14.00 - $16.00/SF/YR
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On Broadway Car Wash

955 W Broadway Ave, Forest Lake, Washington County, MN
Property

Retail

4,680 SF
For Sale

$999,000
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467 W Broadway

467 W Broadway Ave, Forest Lake, MN
Property

Retail

1,800 SF
Availability

1 Space

1,800 SF
For Lease Contact for pricing
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Cornerstone Suite 103

368 Lake Street South, Forest Lake, MN
Property

Retail

7,615 SF
Availability

1 Space

1,220 SF
Year Built

2019
For Lease Contact for pricing
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Westlake Center

119-299 12th St SW, Forest Lake, MN
Property

Retail

100,480 SF
Availability

1 Space

9,655 SF
Year Built

1988
For Lease Contact for pricing
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108 12th St SW, Forest Lake, MN

108 12th St SW, Forest Lake, MN
Property

Retail

39,762 SF
Year Built

1984
For Sale

Price Negotiable
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955 W Broadway Ave

955 W Broadway Ave, Forest Lake, MN
Property

Retail

4,680 SF
Availability

2 Spaces

1,335 SF
For Lease Contact for pricing
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The Plaza

56 East Broadway Ave, Forest Lake, MN
Property

Office

20,783 SF
Availability

2 Spaces

3,226 SF
Year Built

2002
For Lease Contact for pricing
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Forest Lake Marketplace

2009 W Broadway Ave, Forest Lake, MN
Property

Retail

25,763 SF
Availability

1 Space

1,600 SF
Year Built

2001
For Lease Contact for pricing
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1420 Lake Street South

1420 Lake Street South, Forest Lake, MN
Property

Retail

10,000 SF
Availability

1 Space

3,087 SF
For Lease Contact for pricing
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Westlake Center

119 12th Street NW, Forest Lake, MN
Property

Retail

100,571 SF
Availability

2 Spaces

19,255 SF
Year Built

1998
For Lease Contact for pricing
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Village Apartments

407 11th Ave SW, Forest Lake, MN
Property

Other
For Sale Contact for pricing
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Westlake Center

107 12th St SW, Forest Lake, MN
Property

Retail

4,235 SF
Availability

1 Space

4,235 SF
For Lease Contact for pricing
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31 SW 7th Avenue

31 SW 7th Avenue, Forest Lake, MN
Property

Office

550 SF
Availability

1 Space

550 SF
For Lease

$700.00/MO
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Lake Street Plaza

1467 Lake Street South, Forest Lake, MN
Property

Retail

21,830 SF
Availability

3 Spaces

15,100 SF
For Lease Contact for pricing
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Broadway West Retail

1966 Broadway Ave W, Forest Lake, MN
Property

Retail

17,080 SF
Availability

1 Space

1,151 SF
Year Built

2008
For Lease Contact for pricing
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39 Acres Residential Land

XXX Goodwin Ave N, Forest Lake, MN
Property

Unassigned
For Sale Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Forest Lake commercial real estate market incorporates 70,612 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Forest Lake commercial real estate market includes 338,496 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Forest Lake incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Forest Lake is represented by Retail space, which accounts for 59,218 square feet of available listings. Office space available in Forest Lake adds up to 17,032 square feet.

Meanwhile, most of the listings of commercial property for sale in Forest Lake are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Forest Lake, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $16 per square foot.

The average size of a commercial property in Forest Lake depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Forest Lake, the average size of an office property is 17,653 square feet.
Retail properties here incorporate an average of 28,208 square feet.

Forest Lake, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Forest Lake currently add up to 75,211 square feet. The market offers 3 active office listing(s), which amount to 16,482 square feet and account for 20% of commercial spaces on the market. Local retail availability includes 58,729 square feet across 12 retail space(s).

Property Type	Count of Listings	Total SF
Office	3	16,482
Retail	12	58,729

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Forest Lake, MN. Currently, there is 50,842 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 2 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	6,400
Retail	2	44,442

Forest Lake, MN Commercial Real Estate for Lease and Sale

Northland Plaza

On Broadway Car Wash

467 W Broadway

Cornerstone Suite 103

Westlake Center

108 12th St SW, Forest Lake, MN

955 W Broadway Ave

The Plaza

Forest Lake Marketplace

1420 Lake Street South

Westlake Center

Village Apartments

Westlake Center

31 SW 7th Avenue

Lake Street Plaza

Broadway West Retail

39 Acres Residential Land

Frequently Asked Questions

Forest Lake, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Forest Lake, MN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Forest Lake, MN?

What factors affect the price of commercial real estate in Forest Lake, MN?

What are the best areas for commercial real estate in Forest Lake, MN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Forest Lake, MN?

Forest Lake, MN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us