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Property view

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

$850,000

5

Beds

2

Baths

2,000

Sq Ft

Multi-Family

Active

Listed by

Steve Gaffney

Rocket Realty

612-200-1100

Last updated:

July 31, 2026, 12:08 PM

MLS#

7108056

Source:

NSMLS

About This Home

2059-2063 Second Street

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.

Home Facts

Multi-Family

2 Baths

5 Bedrooms

Built in 1899

Price Summary

850,000

$425 per Sq. Ft.

MLS #:

7108056

Last Updated:

July 31, 2026, 12:08 PM

Added:

20 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

2,000 Sq. Ft.

Structure

Structure

Building Area:

3,692 Sq. Ft.

Year Built:

1899

Lot

Lot Size (Sq. Ft):

22,500

Finances & Disclosures

Finances

Price:

$850,000

Price per Sq. Ft:

$425 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.