2480 White Bear Avenue, Saint Paul (Maplewood), 55109, MN
Price: $1,595,000
Status type: For Sale
City: Saint Paul (Maplewood)
Neighborhood: Section 11 Town 29 Range 22
Bedrooms: 0
Property Size :0
Listing Agent: NST16271,NST43451
Property type : Office
Zip code: 55109
Street: 2480 White Bear Avenue
Street: 2480 White Bear Avenue
Bathrooms: N/A
Year: 1982
Listing Brokerage: RE/MAX Results
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.
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:
Air Conditioning: Central Air
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 6078ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 298x220
Longitude: 45.0161
Latitude: -93.019
Zoning: Business/Commercial
Tax year: 2024
Tax annual amount: $52,558
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7711057
Listing Brokerage: RE/MAX Results