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

White Bear Lake
Local realty services provided by:ERA Gillespie Real Estate
2059-2063 Second Street,White Bear Lake, MN 55110
$850,000
  • 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:$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:1 day(s) ago
  • Updated:July 13, 2026 at 01:14 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:$850,000
  • Price per sq. ft.:$230.23
  • Tax amount:$8,562 (2026)

Parking

  • Garage:Yes
  • Garage spaces:2
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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