White Bear Lake, MN High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in White Bear Lake, Minnesota Market population: 24K. Browse multifamily, office, retail, industrial, and mixed-use...
Advertisement
12 properties found
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For White Bear Lake MN Properties: 1.1700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For White Bear Lake MN
Common questions from investors exploring commercial real estate in White Bear Lake MN.
What is the overall investment potential of White Bear Lake, MN?
+
With a median household income of $59,035 and a relatively low poverty rate of 6.3%, White Bear Lake presents a stable investment market, further supported by its high health insurance coverage rate of 95.2% and a short average commute time of 24.1 minutes, indicating a reliable and healthy workforce.
How does the demographic diversity impact the real estate market in White Bear Lake?
+
The city's top ethnicities, including White (46.6%), White Non-Hispanic (45.1%), and Asian (2.3%), along with a foreign-born rate of 4.2%, suggest a diverse community, which can contribute to a dynamic and resilient real estate market, especially when combined with top industries like Information, Public Administration, and Manufacturing that provide a broad base of employment opportunities.
What are the key factors influencing rental yields in White Bear Lake?
+
The median property value of $194,600 and median property taxes of $7,122 are crucial in determining rental yields, but when considering the high homeownership rate of 67.5% and the dominant commute methods (Drove Alone, Worked At Home, Carpooled), it indicates a preference for owned homes, which might affect rental demand and yields, necessitating a balanced investment strategy.
How does the quality of life in White Bear Lake impact its attractiveness to investors?
+
The average commute time of 24.1 minutes, high health insurance coverage of 95.2%, and low poverty rate of 6.3% all contribute to a high quality of life, making White Bear Lake an attractive location for both residents and investors, as these factors can lead to a more stable and reliable tenant base and potentially higher property appreciation over time.
What role do economic indicators play in assessing the investment stability of White Bear Lake?
+
The GINI coefficient of 0.392, indicating a moderate level of income inequality, combined with an employed population of 11,890 and a median household income of $59,035, suggests a relatively stable economic environment, which is further reinforced by the presence of diverse top industries, pointing to a lower risk investment opportunity with potential for long-term growth and stability.
White Bear Lake MN Real Estate & City Facts
Key facts and real estate information about White Bear Lake MN.
What are some of the best neighborhoods to live in White Bear Lake?
+
Some of the best neighborhoods to live in White Bear Lake include Downtown White Bear Lake, which is known for its family-friendly atmosphere and walkable streets, and White Bear Beach, which offers a unique lakeside living experience. Other desired areas tend to be in the central parts of the city, while more affordable homes are in the south regions.
What are some fun things to do in White Bear Lake?
+
There are plenty of fun things to do in White Bear Lake, including visiting the Tamarack Nature Center, taking a scenic tour, or exploring the city's many parks and lakes. You can also check out the Downtown White Bear Lake Main Street, which runs events and attractions year-round to promote tourism and commerce. In the warmer months, you can enjoy swimming, boating, fishing, and paddling on White Bear Lake, while in the winter, you can try ice fishing, snowmobiling, or skating.
What is the food scene like in White Bear Lake?
+
The food scene in White Bear Lake is diverse and exciting, with a range of restaurants serving everything from Italian cuisine to burgers and sandwiches. Some popular spots include Acqua Restaurant & Bar, Rudy's Redeye Grill, Pizzeria Pezzo, and Margaux's Table. There are also plenty of great food trucks and casual eateries to try. Whether you're in the mood for a fancy dinner or a quick bite, you'll find something to suit your taste in White Bear Lake.
What are the pros and cons of living in White Bear Lake?
+
One of the pros of living in White Bear Lake is its beautiful lakeside location and outdoor recreational opportunities. The city also has a strong sense of community, with many family-friendly events and activities throughout the year. However, some cons include the potential for high property taxes and the fact that the city can get quite busy during peak tourist season. Additionally, some areas of the city may be more affordable than others, so it's worth doing your research to find the best fit for your budget and lifestyle.
Is White Bear Lake a good place to live?
+
Overall, White Bear Lake is a great place to live, with its beautiful lakeside location, strong sense of community, and plenty of outdoor recreational opportunities. While there may be some drawbacks to consider, such as high property taxes and busy tourist seasons, the city's many advantages make it a wonderful place to call home. Whether you're a family, a young professional, or a retiree, you'll find something to love about White Bear Lake.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For White Bear Lake MN Commercial Property: $59,035
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement