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2059-2063 Second Street, White Bear Lake, MN 55110

White Bear Lake
Local realty services provided by:CENTURY 21 FM Realty
2059-2063 Second Street,White Bear Lake, MN 55110
$850,000
  • 5 Beds
  • 2 Baths
  • 3,692 sq. ft.
  • Multi-family
  • Active
Listed by: steven duane gaffney
Office: rocket realty
MLS#:7108056
Source:ND_FMAAR

Price summary

  • Price:$850,000
  • Price per sq. ft.:$230.23

About this home

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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Home facts

  • Year built:1899
  • Listing ID #:7108056
  • Added:14 day(s) ago
  • Updated:July 25, 2026 at 04:10 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Living area:3,692 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1899
  • Building area:3,692 sq. ft.
  • Lot area:0.52 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$850,000
  • Price per sq. ft.:$230.23
  • Tax amount:$8,562

Parking

  • Garage spaces:2

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