1607 9th St, White Bear Lake, MN 55110-6717
This exceptional 38,958 square foot office and industrial building presents a unique investment opportunity in White Bear Lake, Minnesota. Situated on a 4.34-acre lot at 1607 9th St, 55110, this single-story, metal building offers a blend of traditional office space and industrial functionality. Currently, 4,200 square feet of office space is available for lease within this multi-tenant building. Built in 1975, the property boasts features including fluorescent lighting and a sprinkler system, ensuring both efficiency and safety. The building is conveniently located in the Northeast submarket of Minnesota, at the Northeast quadrant of White Bear Parkway and Otter Lake Road. The I2 zoning provides flexibility for a variety of uses. The property benefits from Comcast internet access, enhancing connectivity and productivity. With its ample square footage and strategic location, this property is ideal for businesses seeking a well-maintained and functional space in a thriving community. The building's single-story design offers easy accessibility and efficient workflow. This is a rare opportunity to secure a substantial office space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A · White Bear Lake, MNWhite Bear Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.