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$ 850,000
Est. payment | /mo
5 Beds
2 Baths
2,000 SqFt
$ 850,000
Est. payment | /mo
5 Beds
2 Baths
2,000 SqFt
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $425
MLS Listing ID 7108056
Bedrooms 5
Year Built 1899
Annual Tax Amount $8,562
Tax Year 2026
Contingent None
Lot Size 22499.999 Acres
Lot Dimensions 150 x150
Property Sub-Type Other
Property 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.
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.
Location
State MN
County Ramsey
Rooms
Basement Partial
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 2.0
Building
Story One and One Half
Foundation 1692
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
New Construction false
Schools
School District White Bear Lake
Listed by Steven Gaffney • Rocket Realty
Nearby Locations
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Sarah Carlson
Realtor | Lic# Lic# 20325212