2059-2063 second Street, White Bear Lake, MN 55110
- $850,000
- 5
- BD
- 2
- BA
- 2,000
- SqFt
- List Price
- $850,000
- MLS#
- 7108056
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Other
- Bedrooms
- 5
- Bathrooms
- 2
- Living Area
- 2,000
- Acres
- 22500
- Year Built
- 1899
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.
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Additional Information
- School District
- White Bear Lake
- Tax Year
- 2026
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Partial
- Garage Spaces
- 2
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Listing courtesy of Rocket Realty.
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