2480 WHITE BEAR AVENUE

2480 White Bear Avenue, Saint Paul (Maplewood), 55109, MN

DETAILS

White Bear Professional Building for sale, offering an outstanding investment or owner/user opportunity in the highly sought-after east metro suburb of Maplewood. The well-maintained, 8-suite medical office building is situated at a prime, high-visibility corner at White Bear Ave N & Gervais Ave, just off Highway 694. The property boasts a stable tenant base, with 7 of the 8 suites currently occupied by established medical tenants, including Great Ricer Orthodontics, Dr. Roger C. Stoddard Family Dentistry, Allergy & Asthma Center of MN, and Home Instead. Owner/User Opportunity: Suite 201 is currently vacant, providing an excellent opportunity for an owner/user to occupy space immediately. The Home Instead space is currently occupied by the Seller. Tenant/Seller is willing to vacate the space if needed or sign a lease to remain as a Tenant in part or all of the current space, providing great flexibility for additional space. The 12,156-square-foot building spans two levels and has a strong leasing history, with long-term tenants demonstrating excellent retention. The property is in great condition and has undergone recent capital improvements, including a brand-new HVAC system installed in 2023, a $250,000 investment, updated common areas, and separately metered electric for each suite. A large 70-stall parking lot provides ample space for tenants and visitors, with handicap accessibility at both entrances. Positioned in a high-traffic area with 23,500 vehicles per day, the property offers excellent visibility and easy access to major highways, making it a short commute to both St. Paul and Minneapolis. The surrounding area is home to numerous national retailers, including Hy-Vee, Cub Foods, The Home Depot, and Starbucks, further enhancing the property's prime location. This is a rare opportunity to acquire a great medical office asset in an established and growing commercial corridor.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: ,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Central Air

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 6078ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 298x220

  • Longitude: 45.0161

  • Latitude: -93.019

  • Zoning: Business/Commercial

FINANCIAL & TAXES

  • Tax year: 2024

  • Tax annual amount: $52,558

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7711057

  • Listing Brokerage: RE/MAX Results Agency Icon

ID: 3536577
Published: March 12, 2025
Last Update: March 12, 2025
Views: 12