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

MN, White Bear Lake
$850,000
  • 5 Beds
  • 2 Bath
  • Residential Income Property Type
  • 1899 Year Built
  • Active Status
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7108056
  • Price: $850,000
  • Year Built: 1899
  • Listing Status: Active
  • Office Name: Rocket Realty
  • Property Sub Type: Other
Features
  • Heating System Forced Air
  • Basement Partial
  • Exterior Features Vinyl
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Ramsey
  • City White Bear Lake
  • Zipcode 55110
  • Street: second
  • Street Number: 2059-2063
  • Street Suffix: Street
  • Longitude: W94° 59' 12.1''
  • Latitude: N45° 5' 1.2''
  • Directions: I35E to Hwy 96, east on 96 to Hwy 61, north on 61 to Second St., west to the location
Neighborhood
  • High School District: White Bear Lake
MLS Addon
  • Office Name: Rocket Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3692
  • Foundation Details: Combination
  • Garage: 2
  • Levels: One and One Half
  • Lot Size Dimensions: 150 x150
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 8562
Listing Information
  • List Agent Mls Id: 506010624
  • List Office Mls Id: 26344
  • Modification Timestamp: 2026-07-12T10:18:15Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$