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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    2214 5th St Ste 1, White Bear Lake, MN 55110-3039

    1,088 SF 0.02 ac lot Built 1984
    Individually Owned 13-yr Hold ~ Est. High Equity
    Property ID
    US46-0610275
    Property summary
    AI-generated overview

    This exceptional 7,651 square foot medical office space, located at 2214 5th St in White Bear Lake, Minnesota, presents a unique investment opportunity. Situated in Ramsey County, this single-tenant property, built in 1984, offers a prime location near Banning Avenue. The building boasts excellent visibility and is conveniently located within walking distance of a variety of retail, dining, and entertainment options, ensuring high foot traffic and accessibility for patients and clients. The property's previous use as a medical office makes it ideally suited for a range of healthcare practices, including general practice, specialty medical services, counseling clinics, autism clinics, or similar businesses seeking a professional and established environment. The property consists of one building and comprises a total of 7,651 square feet of usable space. Its location in the 55110 zip code of White Bear Lake provides easy access to major transportation routes, further enhancing its appeal to both businesses and their clientele. This property offers a rare chance to acquire a well-positioned, established medical office space in a thriving community. The building's solid construction and convenient location make it an attractive option for businesses seeking a turnkey solution. The property is ready for immediate occupancy and presents a compelling opportunity for growth and success.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1984
    Construction WOOD FRAME
    Total area 1,088 SF
    Lot 0.02 ac (1,045 SF)
    Zoning code D
    APN 14-30-22-41-0141
    UPID US46-0610275
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Dale W Hedstrand
    Dale W Hedstrand
    1 recorded transaction
    1969
    Zoning & alternative use
    D · White Bear Lake, MN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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