$925,000
( $176.80Per Sq Foot )
 $4,966 est/mo Sourced by Back At You

4466 Centerville Road,White Bear Lake, MN 55127

White Bear Lake, MN 55127

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Description

Versatile and Well-appointed mixed-use building. Main Floor Currently set up as a restaurant and catering kitchen. Could be adapted to new concept, or taken over as catering/restaurant operation. Walk-in Refrigerator and Freezer, fully-operational hood & bar top, ice-maker, business office and additional common restroom upstairs are all in-place. Or, Could be creative space, gallery, showroom, classrooms, retail outlet, co-working, designer, or architect. High ceilings, private restrooms, off-street parking with opportunity to lease space from adjacent property to the north provide opportunity for so many options. The two upstairs apartments come with many recent updates, including windows and window wells. Both are currently leased. Metered Electric Service in both apartments. Owner provides Heat, shared, internet, trash service and water. Great opportunity for a small business to acquire a building and have income day one!! Recent updates include: new roof 2024, AC and water heater 2019. Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.

Details

MLS #7080841
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1983
Days On Site82
Listing Provided ByKeller Williams Premier Realty | Eric E. Katz

Features

Bed(s)4
Bath(s)2
SQ Feet5,232
Story(s)2
Units3
ZoningBusiness/Commercial
Acreage0.29

Interior

CoolingCentral Air, Wall Unit(s), Window Unit(s)
HeatingForced Air, In-Floor Heating, Other
AppliancesDishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer

Exterior

RoofAge 8 Years or Less, Flat
Construction MaterialsBlock
Lot FeaturesCorner Lot, Sod Included in Price, Tree Coverage - Light

Parking

Parking FeaturesAsphalt, Shared Driveway, Parking Lot, More Parking Offsite for Fee, Unassigned, Open

Utilities

UtilitiesElectric Separate, Hot Water Common

Taxes

Property11078

Area Information

StateMN
CountyRamsey
CityWhite Bear Lake
Zip Code55127
Community NameSection 21 Town 30 Range 22
School District624
High SchoolWhite Bear Lake
Listing VS Median (in Section 21 Town 30 Range 22)
Price:
$925,000
low | high
Med:
$1,712,500
35.135135135135% of Average
sqft:
5,232
low | high
Med:
4,566
62.729357798165% of Average
$ / sqft:
$177
low | high
Med:
$409
81.288981288981% of Average
On site:
82
low | high
Med:
73.5
100% of Average
Sourced by Back At You

Market Activity 55127

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 23, 2026 at 10:10:46 AM PDT 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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Learn More About This Property

StateMN
CountyRamsey
CityWhite Bear Lake
Zip Code55127
Community NameSection 21 Town 30 Range 22
School District624
High SchoolWhite Bear Lake
Listing VS Median (in Section 21 Town 30 Range 22)
Price:
$925,000
low | high
Med:
$1,712,500
35.135135135135% of Average
sqft:
5,232
low | high
Med:
4,566
62.729357798165% of Average
$ / sqft:
$177
low | high
Med:
$409
81.288981288981% of Average
On site:
82
low | high
Med:
73.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $693K - $1.156M
sqft: 3,500 - 6,500
Nearby Listings Property ImageNearby Listings Details
1081 S Birch Lake Boulevard Property Photo 1
$2,500,000
1081 S Birch Lake Boulevard
White Bear Lake, MN 55127
1261 Bibeau Road Property Photo 1
$1,125,000
1261 Bibeau Road
White Bear Lake, MN 55110
Listing Updated: July 28, 2026 at 4:27:53 PM PDT