4466 Centerville Rd - Storefront Retail/Residential FOR SALE


White Bear Lake, MN 55127
$975,000 USD
651-238-3440
4466 Centerville Rd, White Bear Lake, MN for Sale
$975,000 USD
Storefront Retail/Residential - FOR SALE
1/21
null | Request Cap Rate

4466 Centerville Rd
White Bear Lake, MN 55127


HIGHLIGHTS

  • High Ceilings
  • Great Visibility
  • Easy Access
  • Many Recent Updates
  • Off-Street Parking
  • Apartments with strong rental histories

OVERVIEW

Versatile and Well-appointed mixed-use building. Main Floor Currently set up as a restaurant and catering kitchen. Could be adapted to new concept, or taken over as catering/restaurant operation. Walk-in Refrigerator and Freezer, fully-operational hood & bar top, ice-maker, business office and additional common restroom upstairs are all in-place. Or, Could be creative space, gallery, showroom, classrooms, retail outlet, co-working, designer, or architect. High ceilings, private restrooms, off-street parking with opportunity to lease space from adjacent property to the north provide opportunity for so many options. The two upstairs apartments come with many recent updates. Both are currently leased. Metered Electric Service in both apartments. Owner provides Heat, shared, internet, trash service and water. Great opportunity for a small business to acquire a building and have income day one!! Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

Business/Commercial

APN/PARCEL ID

21-30-22-12-0021

ASK ABOUT THIS PROPERTY

Eric KatzKeller Williams Realty - North SuburbanMore Info
651-238-3440

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Eric KatzKeller Williams Realty - North SuburbanMore Info
651-238-3440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.