3607 White Bear N Ave, White Bear Lake, MN 55110-4744
- Strip malls
- 7,664 SF
- 0.33 lot acres
Current Use by Public Records
- Strip malls
Property Details for 3607 White Bear N Ave
- Year built
- 1950
- Construction
- WOOD FRAME
- Lot size
- 0.33 lot acres
- Zone code
- L
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 26-30-22-34-0023
- APU
- 263022340023
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 21, 2022 | $980,000 | Cornerstone Rentals LLC | Susan R Quast | Limited Warranty Deed | $735k · Premier Bank |
| Jul 22, 2003 | — | Sue R Rauchwater | Denne,michael A & Mary E | Quit Claim Deed · related | — |
| May 24, 2002 | $240,000 | Sean C Quast | Mccollar,maurice D & Claudette A | Grant Deed | $215k · Premier Bank |
| Oct 6, 1999 | $240,000 | Sean C Quast | Mccollar,claudette A | Grant Deed | $229k · Seller |
| — | — | Sean C Quast | — | Deed Of Trust · related | $65k · Premier Bank |
| — | — | Sean C Quast | — | Deed Of Trust · related | $330k · Premier Bank |
Description
This exceptional retail property, located at 3607 White Bear Ave in White Bear Lake, Minnesota, presents a unique leasing opportunity. The building, constructed in 1950, offers a total of 7,664 square feet across three stories, situated on a 0.33-acre lot (14,375 square feet). Currently, 1,987 square feet of retail space is available for lease, divisible into units ranging from a minimum of 547 square feet to a maximum contiguous space of 825 square feet. The property is zoned B-2, allowing for a variety of commercial uses. Its convenient location in the MN - Northeast submarket of Ramsey County, with easy access to major transportation routes, makes it an ideal location for businesses seeking high visibility and foot traffic. The building consists of a single structure and offers multiple tenancy options. This is a rare opportunity to secure prime retail space in a thriving White Bear Lake community. The property's size and flexible layout cater to a wide range of businesses, from small boutiques to larger retail operations. Interested parties are encouraged to inquire about available space and lease terms. The property's address is 3607 White Bear Ave, White Bear Lake, MN 55110.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $800,000
- ML approach
- $800,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,130,000
- 6.5%
- $1,040,000
- 7%
- $965,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $864,000
Market price range: $864k - $1.88M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,285,000 Current use
- MEDICAL BUILDING
- $1,130,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- White Bear Lake
- County
- Ramsey
- State
- Minnesota
- Longitude
- -93.0157
- Latitude
- 45.0506
- CBSA code
- 33460
- CBSA name
- MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
