Mixed-Use Building with Retail
For Sale
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1394 White Bear Avenue, Saint Paul, MN 55106
Fully occupied mixed-use building with a ground-floor commercial suite and four residential units in B2 Community Business zoning.
Property Size4,200 SF
Price / SF$100
Days on Market115
Property Features for 1394 White Bear Avenue
General Information
Standard status
Active
Size
4,200 SF
Total Parking Spaces
4
Property subtype
Mixed Use
Zoning
B2 Community Business
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$32,315
Financials
Cap Rate
7.69%
Business Included
Yes
Units
Multifamily Units
4
Office Units
1
Building Details
Year Built
1962
Units
5
Tenancy
Multi
Listing Agency:
KW Commercial Woodbury - East Suburban
Listed By:
William Schultz · License #40835740
Source:
Crexi
Added: May 14
Changed: Sep 3
Last Checked: Sep 2 at 12:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Woodbury - East Suburban
Investment Insights
Based on property information with market context.
1394 White Bear Avenue is a fully occupied mixed-use building with 4,958 square feet of space, built in 1962. The property includes one ground-floor commercial suite and four residential units: two 1-bedroom/1-bath apartments and two 2-bedroom/2-bath apartments. All units are currently occupied on month-to-month or near-term leases, and the building is reported to generate a 7.69% in-place cap rate with a debt coverage ratio of 1.27x at current rents.
The asset is located in Saint Paul and is zoned B2 Community Business. The mix of a street-level commercial component with multiple residential units provides day-to-day income diversification within a single property.
The residential configuration consists entirely of four individually set up apartment units (two 1-bedroom/1-bath and two 2-bedroom/2-bath), paired with the single commercial suite on the ground floor.
The asset is located in Saint Paul and is zoned B2 Community Business. The mix of a street-level commercial component with multiple residential units provides day-to-day income diversification within a single property.
The residential configuration consists entirely of four individually set up apartment units (two 1-bedroom/1-bath and two 2-bedroom/2-bath), paired with the single commercial suite on the ground floor.
Key Highlights
- Fully occupied 4,958 SF mixed‑use building with a ground‑floor commercial suite and four residential units
- 5‑unit mix: 1 commercial suite plus two 1BR/1BA apartments and two 2BR/2BA apartments
- In‑place 7.69% cap rate and 1.27x debt coverage ratio at current rents
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 55106, MN
60,327
Population
19,974
Households
3
Avg Household Size
30
Median Age
23%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
6,418
Density / Sq Mi
$68,601
Median Household Income
$39,834
Median Earnings
$1,230
Median Rent
$233,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully occupied mixed-use building with a ground-floor commercial suite and four residential units in B2 Community Business zoning.
Where is this mixed-use property located?
The property is located at 1394 White Bear Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Fully occupied 4,958 SF mixed‑use building with a ground‑floor commercial suite and four residential units; 5‑unit mix: 1 commercial suite plus two 1BR/1BA apartments and two 2BR/2BA apartments; In‑place 7.69% cap rate and 1.27x debt coverage ratio at current rents
