2059-2063 Second Street, White Bear Lake, MN 55110
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
2059-2063 Second Street,White Bear Lake, MN 55110
$750,000
- 5 Beds
- 2 Baths
- 2,000 sq. ft.
- Multi-family
- Active
Listed by: steve gaffney
Office: rocket realty
MLS#:7108056
Source:NSMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$203.14
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:67 day(s) ago
- Updated:September 17, 2026 at 12:17 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Basement:Yes
- Basement Description:Partial
- Living area:2,000 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1899
- Building area:2,000 sq. ft.
- Lot area:22500 Acres
- Levels:1 1/2 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$203.14
- Tax amount:$8,562 (2026)
Parking
- Garage:Yes
- Garage spaces:2
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