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    White Bear Lake, MN
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    White Bear Lake, MN Multifamily Properties for Sale

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    White Bear Township, MN Vadnais Heights, MN Hugo, MN
    Mixed-Use Building with Restaurant Kitchen
    $975,000
    0.29 Acres

    Mixed-Use Building with Restaurant Kitchen

    4466 Centerville Road, White Bear Lake, MN 55127

    Mixed-use property with an operational restaurant and catering kitchen plus two leased upstairs apartments for income potential.

    • Mixed‑use building with main floor currently set up as a restaurant and catering kitchen.
    • Includes walk‑in refrigerator/freezer, fully operational hood & bar top, ice‑maker, business office, and additional common restroom upstairs.
    • Two upstairs apartments are currently leased; metered electric service in both apartments.
    • Block construction with flat roof; central air plus wall unit cooling; forced‑air heating and additional heating noted.
    • Off‑street parking includes driveway and parking lot with unassigned spaces; adjacent property to the north may allow leasing space.
    Updated: Jun 2
    View details
    White Bear Lake Restaurant/Apartment Building
    $995,000
    5,300 SF

    White Bear Lake Restaurant/Apartment Building

    4466 Centerville Rd, White Bear Lake, MN

    Restaurant with two apartments in White Bear Lake, Minnesota.

    • Prime White Bear Lake Location
    • Newer Restaurant Buildout / Catering
    • Includes 2 Apartments on Floor 2
    • Free Standing
    • Multi‑Tenant
    Updated: Nov 4, 2025
    View details
    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 2 Active listings in White Bear Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Saint Paul Multifamily Investment Property
    $1,595,000
    0.14 Acres

    Saint Paul Multifamily Investment Property

    16-unit apartment complex in high-demand East St. Paul location.

    881-889 Maryland Avenue E, Saint Paul, MN 55106
    View details
    Multifamily Community in Saint Paul
    $1,365,786
    4,944 SF

    Multifamily Community in Saint Paul

    Two-story, 17-unit multifamily property with value-add potential.

    1952 Maryland Avenue E, Saint Paul, MN 55119
    View details
    Spacious Duplex in Saint Paul
    $387,500
    1,725 SF

    Spacious Duplex in Saint Paul

    Side-by-side duplex with flexible layout and income potential.

    1474 Mcafee Street, Saint Paul, MN 55106
    View details
    Rehabilitated Mixed-Use Building For Sale
    $750,000
    0.11 Acres

    Rehabilitated Mixed-Use Building For Sale

    Rehabilitated mixed-use building with office and residential units.

    1076 Maryland E Avenue, Saint Paul, MN 55106
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Freeway
    $799,000
    9.20 Acres

    Commercial Land Near Freeway

    9 acre commercial property near freeway in Hinckley, Minnesota.

    101 Morris Avenue, Hinckley, MN 55037
    View details
    Land for Multi-Family Housing
    $249,900
    2.16 Acres

    Land for Multi-Family Housing

    2.16 acre lot zoned for multi-family housing development.

    1610 7th Avenue E, Alexandria, MN 56308
    View details
    Pine River Twp Waterfront Land
    $499,900
    30.20 Acres

    Pine River Twp Waterfront Land

    30.2 acres with 720 feet of shoreline.

    Backus, MN 56435
    View details
    Waterfront Recreational Land Parcel
    $124,900
    9.30 Acres

    Waterfront Recreational Land Parcel

    Private lakeshore acreage with a gravel central drive and recognized RV or seasonal campground potential, subject to approvals.

    Fulda, MN 56131
    View details

    Off-Market Properties in White Bear Lake, MN

    Consider similar Off-Market properties in White Bear Lake, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3820 Hoffman Rd
    APARTMENT HOUSE (100+ UNITS)
    211,420 SF Lot: 5.22 Acres
    Estimated value
    $18,305,000

    3820 Hoffman Rd, White Bear Lake, MN 55110-5001

    View details
    1711 County Rd Ee
    APARTMENT HOUSE (100+ UNITS)
    Lot: 2.99 Acres
    Estimated value
    $760,000

    1711 County Rd Ee, White Bear Lake, MN 55110-5545

    View details
    1441 Park St
    APARTMENT HOUSE (100+ UNITS)
    146,942 SF Lot: 8.22 Acres
    Estimated value
    $16,890,000

    1441 Park St, White Bear Lake, MN 55110-7700

    View details
    1652 9th St
    APARTMENT HOUSE (5+ UNITS)
    10,176 SF Lot: 0.89 Acres
    Estimated value
    $880,000

    1652 9th St, White Bear Lake, MN 55110-6736

    View details
    4650 Centerville Rd
    APARTMENT HOUSE (100+ UNITS)
    Lot: 4.70 Acres
    Estimated value
    $12,045,000

    4650 Centerville Rd, White Bear Lake, MN 55127-3200

    View details
    2207 6th St
    APARTMENT HOUSE (5+ UNITS)
    9,768 SF Lot: 0.18 Acres
    Estimated value
    $655,000

    2207 6th St, White Bear Lake, MN 55110-2808

    View details
    3525 Century N Ave
    APARTMENT HOUSE (5+ UNITS)
    13,386 SF Lot: 9.98 Acres
    Estimated value
    $5,135,000

    3525 Century N Ave, White Bear Lake, MN 55110-5694

    View details
    4878 Stewart Ave
    APARTMENT HOUSE (5+ UNITS)
    5,040 SF Lot: 0.33 Acres
    Value Estimation by Request

    4878 Stewart Ave, White Bear Lake, MN 55110-2843

    View details
    4890 Morehead Ave
    APARTMENT HOUSE (5+ UNITS)
    3,600 SF Lot: 0.16 Acres
    Value Estimation by Request

    4890 Morehead Ave, White Bear Lake, MN 55110-2832

    View details
    3637 Bellaire Ave
    APARTMENT HOUSE (5+ UNITS)
    19,800 SF Lot: 1.24 Acres
    Estimated value
    $825,000

    3637 Bellaire Ave, White Bear Lake, MN 55110-4975

    View details
    3900 Linden St
    APARTMENT HOUSE (5+ UNITS)
    32,352 SF Lot: 2.64 Acres
    Estimated value
    $2,935,000

    3900 Linden St, White Bear Lake, MN 55110-5500

    View details
    1821 Cedar Ave
    APARTMENT HOUSE (5+ UNITS)
    46,494 SF Lot: 2.50 Acres
    Estimated value
    $4,050,000

    1821 Cedar Ave, White Bear Lake, MN 55110-4286

    View details
    3533 Willow Ave
    APARTMENT HOUSE (5+ UNITS)
    134,280 SF Lot: 4.00 Acres
    Estimated value
    $11,320,000

    3533 Willow Ave, White Bear Lake, MN 55110-5392

    View details
    3139 Mcknight N Rd
    APARTMENT HOUSE (100+ UNITS)
    116,316 SF Lot: 8.70 Acres
    Estimated value
    $9,550,000

    3139 Mcknight N Rd, White Bear Lake, MN 55110-7531

    View details
    3900 Hoffman Rd
    APARTMENT HOUSE (5+ UNITS)
    70,140 SF Lot: 4.34 Acres
    Estimated value
    $5,655,000

    3900 Hoffman Rd, White Bear Lake, MN 55110-4659

    View details
    3731 Highland Ave
    APARTMENT HOUSE (5+ UNITS)
    40,320 SF Lot: 3.82 Acres
    Estimated value
    $3,470,000

    3731 Highland Ave, White Bear Lake, MN 55110-7340

    View details
    2095 Dotte Dr
    APARTMENT HOUSE (5+ UNITS)
    68,616 SF Lot: 3.50 Acres
    Estimated value
    $5,770,000

    2095 Dotte Dr, White Bear Lake, MN 55110-4372

    View details
    4800 Division Ave
    APARTMENT HOUSE (5+ UNITS)
    98,626 SF Lot: 2.19 Acres
    Estimated value
    $9,185,000

    4800 Division Ave, White Bear Lake, MN 55110-5942

    View details
    4770 Centerville Rd
    APARTMENT HOUSE (100+ UNITS)
    106,400 SF Lot: 18.28 Acres
    Estimated value
    $10,485,000

    4770 Centerville Rd, White Bear Lake, MN 55127-2335

    View details
    4852 Birch Lk Cir
    APARTMENT HOUSE (100+ UNITS)
    112,320 SF Lot: 17.11 Acres
    Estimated value
    $10,950,000

    4852 Birch Lk Cir, White Bear Lake, MN 55110-6714

    View details
    1700 4th St
    APARTMENT HOUSE (5+ UNITS)
    30,573 SF Lot: 6.21 Acres
    Estimated value
    $3,090,000

    1700 4th St, White Bear Lake, MN 55110-3189

    View details
    2048 County Rd F E F
    APARTMENT HOUSE (5+ UNITS)
    11,130 SF Lot: 1.82 Acres
    Estimated value
    $1,140,000

    2048 County Rd F E F, White Bear Lake, MN 55110-3833

    View details

    White Bear Lake, MN Multifamily Properties Investment Opportunities Market Analysis

    Explore 24 multifamily properties for sale in White Bear Lake, MN on our real estate platform. These investment opportunities span a total of 5,300 square feet of properties for sale, with an estimated market value of $995,000.

    Sale prices for multifamily properties in White Bear Lake, MN start at $995,000, averaging $995,000, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Apartment buildings 1

    Demographics Overview

    Population 65K
    Population Growth (5Y) -3.0%
    Median Household Income $106,748
    College Educated 74.7%

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