Address
4066 White Bear Avenue N, White Bear Lake, MN
Price
$ 1,900,000
Property Attributes
  • ID#6490658
  • TypeCommercial
  • CountyRAMSEY
  • CityWhite Bear Lake
  • Zip55110
  • Style
  • Year Built1972
  • Taxes$ 5536
  • Price$ 1,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5084
Data Source:
Northstar MLS (NSTAR)
Property Description

Portfolio of 2 retail properties with storage units in a central location of White Bear Lake and home to several successful businesses. These properties could be investment or owner-occupant opportunities with active income in place; each building has a vacant unit for a business owner to occupy and properties can be sold separately. This property is surrounded by a large residential community offering a unique opportunity for businesses to flourish. 4070 WBA has a residential apartment on the second floor. The flexible zoning district allows a wide array of permitted uses including both retail and office.

Price History
2/19/2024 Listed $1,900,000

General Features

Sewer City Sewer/Connected
Heating Forced Air,Space Heater
Utilities Heating Separate
Roof Age Over 8 Years
Construction Materials Stucco,Wood Siding
Year Built 1972
Tenant Pays Electricity,Fuel,Janitorial Service
Tax Year 2023
Current Use Professional/Office,Beauty/Barber Shop,Commercial,Food Service,Other,Residential
Gross Income 59100
OwnerPays Insurance,Repairs,Snow Removal,Taxes,Trash Collection,Water
Accessibility None
County Ramsey
Net Operating Income 12570
Insurance Expense 1500
Property Type Commercial Sale
Contingency None
MaintenanceExpense 500
Directions CORNER OF WHITE BEAR AVE & COUNTY RD F
City White Bear Lake
Buyer Agent Compensation 0.00
High School District White Bear Lake
Zoning Description Business/Commercial
NumberOfUnitsTotal 6
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 5536
Trash Expense 1200
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Natural Woodwork,Security System
Buyer Agent Compensation Type %
PostalCity White Bear Lake

Interior Features

Basement Partial
Basement (Y/N) Yes
Fuel Natural Gas

Exterior Features

Parking Features Open
Water Source City Water/Connected
Inclusions Building,Business,Land,Leases
Building Area Total 5084
Lot Dimensions 190 X 160
Foundation Area 5084

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55110

Price
AVG $2.45M
$1.9M
Taxes
AVG $15,832
$5,536
Visits
AVG 210
396
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1972

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