Property Listing
Description
Income Today, Growth Tomorrow: White Bear Lake Commercial Property Don’t miss this fantastic opportunity to invest in a prime parcel of commercial property in White Bear Lake, Adjacent to City Hall on Second Street. This offering comprises two adjacent parcels with rent-producing single-family residences in excellent condition. The properties are currently fully leased at below market rates that allow for future increases. The area represents fast-growing, highly sought-after properties with GX-D (General Mix Downtown) zoning. The area has excellent potential for future value increases. If you are looking for an opportunity with an excellent chance of future increases while providing passive income today, this is it.
Property Information
Status: Active
Sub Type: ********
List Price: $850,000
MLS#: 7108056
Current Price: $850,000
Address: 2059-2063 second Street, White Bear Lake, MN 55110
City: White Bear Lake
State: MN
Postal Code: 55110
Geo Lat: 45.083658
Geo Lon: -93.013312
Subdivision:
County: Ramsey
Property Description
Year Built: 1899
Lot Size SqFt: 22500
Gen Tax: 8562
Specials Inst: 0
High School: White Bear Lake
Square Ft. Source:
Above Grade Finished Area: 2000
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 3692
Style: Array
Total Bedrooms: 5
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: