Value-Add Mixed-Use
For Sale
Contact for pricing
951 White Bear Avenue, Saint Paul, MN 55106
Mixed-use property with residential and commercial suites, billboard income.
Property Size4,368 SF
Price / SF$91.57
Days on Market111
Property Features for 951 White Bear Avenue
General Information
Standard status
Active
Size
4,368 SF
Total Parking Spaces
5
Property subtype
Mixed Use
Zoning
B2 Community Commercial
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$15,395
Building Details
Year Built
1915
Buildings
1
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
KW Commercial Woodbury - East Suburban
Listed By:
William Schultz · License #40835740
Source:
Crexi
Added: May 14
Changed: Aug 17
Last Checked: Aug 30 at 4:38PM
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.
This mixed-use property at 951 White Bear Avenue, Saint Paul, MN 55106 offers a value-add opportunity. The property includes both residential units and a commercial suite. The two residential units are currently leased below market rates at $1,350 and $1,375, compared to a market rate of $1,500, representing a potential annual top-line upside of $3,600 through lease management. A billboard lease provides a passive income stream independent of tenant activity. The month-to-month lease structure offers flexibility to reposition rents, re-tenant the commercial suite, or execute interior upgrades such as flooring, fixtures, and kitchens to support above-market positioning. The electrical systems have been updated with circuit breakers. The roof, heating systems, and water heater are over 10 years old and should be considered in capital planning. The property size is 4368 square feet.
Key Highlights
- Immediate income upside of $3,600+ annually achievable by raising residential rents to market rate.
- Billboard lease provides a consistent passive income stream.
- Month‑to‑month lease structure offers flexibility to adjust rents and re‑tenant.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
291
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial suites, billboard income.
Where is this mixed-use property located?
The property is located at 951 White Bear Avenue Saint Paul, MN.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Immediate income upside of $3,600+ annually achievable by raising residential rents to market rate.; Billboard lease provides a consistent passive income stream.; Month‑to‑month lease structure offers flexibility to adjust rents and re‑tenant.
