8241 N SHORE TRL N Forest Lake MN 55025-8338

Long time convenience store, bait & tackle, supper club and bar totally rebuilt from the ground up in 2007. Over 7,000 finished sq.ft. of lake oriented restaurant/bar, tap/distillery room, meeting/conference space positioned on 1.4 acres and over 400+ sandy, south facing feet of lake shore. Zoned single family with shoreland overlay and has operated for decades on a CUP. Approved for 24 boat slips with 10 designated overnight. Presently there is dockage for 20 slips and are being rented for $1600/year.

Marcus & Millichap is pleased to present the exclusive listing for the Acqua Restaurant located on one of the most valuable pieces of property on Forest Lake. The 7,078-square foot restaurant was constructed in 2008 and is situated on 1.99 acres of land. This is the best piece of land on the Lake.

The building is leased to Acqua on an absolute-net basis through October of 2023 (approximately 7 years remaining), with annual consumer price index rent escalations. In addition, there are five 5-year option periods to follow. The owners of Acqua are longtime professionals of the hospitality industry. They opened Acqua in 2009. There is a Personal Gurantee on the lease from the owners of the restaurant.

The City of Forest Lake is an affluent lake community located 25 minutes north of the Twin Cities metro area.