For Sale: White Bear Lake MLS# 7080841
Active
NEW!
$975,000
Commercial: 2 Stories
4 br • 2 ba • Built 1983
0.29 acres
White Bear Lake schools
MLS# 7080841
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Property Description
Versatile and Well-appointed mixed-use building. Main Floor Currently set up as a restaurant and catering kitchen. Could be adapted to new concept, or taken over as catering/restaurant operation. Walk-in Refrigerator and Freezer, fully-operational hood & bar top, ice-maker, business office and additional common restroom upstairs are all in-place. Or, Could be creative space, gallery, showroom, classrooms, retail outlet, co-working, designer, or architect. High ceilings, private restrooms, off-street parking with opportunity to lease space from adjacent property to the north provide opportunity for so many options. The two upstairs apartments come with many recent updates. Both are currently leased. Metered Electric Service in both apartments. Owner provides Heat, shared, internet, trash service and water. Great opportunity for a small business to acquire a building and have income day one!! Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$975,000
Property Type:
Commercial
City:
White Bear Lake
Garage Spaces:
0
County:
Ramsey
Year Built:
1983
State:
MN
Property Style:
2 Stories
Zip Code:
55127
Subdivision Name:
Section 21 Town 30 Range 22
Interior
Bedrooms:
4
Bathrooms:
2
Ceiling Height:
11-15
Flooring:
Concrete Slab, Luxury Vinyl Tile
Refrigerators:
Two
Appliances Included:
- Dishwasher
- Dryer
- Gas Water Heater
- Range
- Refrigerator
- Washer
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
0
Air Conditioning:
Central Air, Wall Unit(s), Window Unit(s)
Foundation Size:
2,600 ft2
Fencing:
Partial, Privacy, Wood
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- In-Floor Heating
- Other
Parking Features:
- Asphalt
- More Parking Offsite for Fee
- Open
- Parking Lot
- Shared Driveway
- Unassigned
Road Frontage:
County Road
Exterior Material:
Block
Pool:
None
Roof Details:
- Age Over 8 Years
- Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.29
Geolocation:
45.076418, -93.055723
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
93 x 136
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Sod Included in Price
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
624
District Phone:
6514077500
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$11,078
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,140
Income
Annual Gross Income:
$38,280
Units
Total Units:
3
Miscellaneous
Current Use:
- Commercial
- Event Space
- Other
- Residential
- Restaurant
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Hot Water Common
Water System:
City Water/Connected
Power Company Name:
Xcel Energy
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.