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Multi-family:  Other
Built 1889
3,011 sqft
White Bear Lake schools
MLS# 5766495
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    Description:   OLD WHITE BEAR! Rare multi-use building that features both residential & business zoning (B5, SUB 7) with special allowable uses. Property is currently zoned commercial on main floor with residential zoning for upper & lower floors (direct any re-zoning questions to city of WBL as there might be potential). 3 bathrooms (1 on each level) & 5 potential bedrooms total in the property (2 up, 1 on main, 2 down). Incredible high ceilings & big windows throughout that make building feel light, bright & airy! Current owners used entire property as residential, previously there was a barbershop on main floor. Great opportunity in desirable downtown White Bear. Run your own business while being able to live in the same building! Great income generating potential with the lower-level apartment. Property is rich with history as a Hardie-Whitaker built home. Detached, newer 2-car oversized garage, as well as a shed on the property. Buyer should contact city for zoning or allowable use questions.
    List Price: $650,000
    Price per sqft: $216
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Other
    Year Built: 1889
    City: White Bear Lake
    County: Ramsey
    State: MN
    Zip Code: 55110


    Fin Sq Ft / Living Area: 3,011 sqft
    Above Ground Living: 2,208 sqft
    Below Ground Living: 803 sqft
    Total Ranges: Three
    Total Refrigerators: Three
    Basement Details: Full, Finished, Egress Window(s)


    Heating System: Forced Air
    Foundation Size: 1,032 sqft
    Shared Amenities: Porch
    Fencing: None
    Road Frontage: City Street, Paved Streets, Curbs, Sidewalks, Storm Sewer
    Handicap Accessible: None
    Exterior Material: Wood Siding, Other
    Garage Spaces: 2
    Roof Details: Flat, Age Over 8 Years, Rubber
    Upper Level Size Sq Ft
    Unit 1 Bedroom 1  16 x 12  192 
    Unit 1 Bedroom 2  11 x 11  121 
    Unit 1 Kitchen  13 x 10  130 
    Unit 1 Living Room  22 x 15  330 
    Level Size Sq Ft
    Unit 1 Dining Room   
    Level Size Sq Ft
    Unit 2 Dining Room   
    Lower Level Size Sq Ft
    Unit 2 Bedroom 1  13 x 10  130 
    Unit 2 Bedroom 2  11 x 10  110 
    Unit 2 Kitchen  10 x 9  90 
    Unit 2 Living Room  19 x 12  228 


    Acres: 0.26
    Lot Description: Tree Coverage - Light
    Latitude: 45.08402014
    Longitude: -93.00700911
    Lot Size Dim.: 38x151
    Dev/Complex Name: White Bear


    School District: 624
    District Phone: 651-407-7500


    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2021
    Annual Taxes: $5,289
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,424


    Annual Gross Income: None


    Total Units: 3


    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Justin Larson
    Loan Officer
    Movement Mortgage
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by and should be verified by the buyer.