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    3607 White Bear N Ave White Bear Lake, MN 55110-4744

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    3607 White Bear N Ave White Bear Lake, MN 55110-4744


    • Strip malls
    • 7,664 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Jun 21, 2022
    $980,000
    Property ID
    US46-0860275
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $910,000
    Show details
    Cap Rate Potential
    8.5%
    Strip malls
    Location Intelligence

    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
    Property size
    7,664 SF
    Zone code
    L
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    26-30-22-34-0023
    APU
    263022340023

    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

    based on Realmo’s proprietary methodology
    • 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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $17,634
    $85,800
    $681,100
    $766,900
    -
    $85,800
    $681,100
    $766,900
    More about this property
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