Property photo 1
5 Beds
2 Baths
2,000 sqft

$675,000

2059-2063 second Street, White Bear Lake MN, 55110

Price per sqft$337.50
Built in1899
Property size2,000 sqft
Property typeResidential
Courtesy of Rocket Realty, Steve Gaffney Listing Contact:

Overview

Active

Listed Jul 11, 2026

Updated 2 weeks ago

Income Today, Growth Tomorrow: White Bear Lake Commercial Property Don’t miss this fantastic opportunity to invest in a prime parcel of commercial property in White Bear Lake, Adjacent to City Hall on Second Street. This offering comprises two adjacent parcels with rent-producing single-family residences in excellent condition. The properties are currently fully leased at below market rates that allow for future increases. The area represents fast-growing, highly sought-after properties with GX-D (General Mix Downtown) zoning. The area has excellent potential for future value increases. If you are looking for an opportunity with an excellent chance of future increases while providing passive income today, this is it.

$4,491/mo

Est. mortgage payment based on a $675,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7108056

Interior Features

Bedrooms
5
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.52 Acres

Other Property Details

Taxes
$8,562
Tax Frequency
Annually
Maintenance Expense
$1,200
Garage
Yes
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Listings courtesy of Northstar MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wahlberg & Toohey Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 6:50 AM UTC on 9/26/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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