Vadnais Heights, MN 55127

$975,000
Property Type: Commercial Bedrooms: 4 Baths: 2 Square Footage: 5,232 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $975,000 List Date: 6/02/2026 Last Modified: 6/29/2026

Overview

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 ...

Listing Details MLS# 7080841

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
14
Owner Occupied
No
Waterfront YN
No
Year Built
1983
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2600
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
0.29
Lot Dimensions
93x136
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air; Wall Unit(s); Window Unit(s) Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Basement: None CMU Style: Apartments/Multi Family; Business Opportunity; Duplex Other; Mixed Use; Office Commercial Kitchen Appliances: Flat Top; Ice Machine; Pre-Piped Fire Suppression System; Prep Station; Refrigerator; Walk-In Cooler/Freezer Construction Materials: Block Construction Status: Previously Owned Current Use: Commercial; Event Space; Other; Residential; Restaurant Exterior: Block Fencing: Partial; Privacy; Wood Flooring: Concrete Slab; Luxury Vinyl Tile Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air; In-Floor Heating; Other Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Corner Lot; Sod Included in Price; Tree Coverage - Light On Site Utilities: Electric Separate; Hot Water Common Owner Pays: Common Area Maintenance; Fuel; Insurance; Lawn; Lawn; Roof Maintenance; Snow Removal; Taxes; Trash Collection Parking Characteristics: Parking Lot; Driveway - Shared; More Parking Offsite for Fee; Unassigned; Uncovered/Open Pool Description: None Potential Use: Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail Rent Rate per Foot: Other Rental License Type: Standard Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Flat Sewer: City Sewer/Connected Stories: Two Topography: Level Wall Description: Concrete/Block; Drywall; Finished Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
975000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Vadnais Heights
County
Ramsey
State
MN
Zip Code
55127
Complex/Dev/Subdivision
Section 21 Town 30 Range 22

Assessments

Assessment Balance
132
Tax With Assessments
11140

Building Information

Building Finished SqFt
5232
Building SqFt
5232
Ceiling Height
11-15

More Information

Income and Expenses

Annual Gross Income
38280

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
22
Section#
21
Township#
30

Sale Options

Sale Includes
Building, Fixture/Equipment, Leases

Unit 1

Unit Number
Yes
Monthly Rent
1595
Full Baths
Yes
Total Bathrooms
Yes
Total Bedrooms
2
Level
2nd Level
Unit Total SqFt
1100
Leased?
Yes
Lease Expiration Date
2027-04-30

Unit 2

No. of 2 Bedroom Units
2
Full Baths
Yes
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
2nd Level
Monthly Rent
1595
Total Bathrooms
Yes
Total Bedrooms
2
Unit Number
2
Unit Total SqFt
1100

Unit Details

Total Units
3

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
SECTION 21 TOWN 30 RANGE 22 SEC 21 TN 30 RN 22 N 92.71 FT OF W 173 FT OF S 10 ACRES WLY OF HWY OF NW 1/4 OF NE 1/4 (SUBJ TO RD) IN SEC 21 TN 30 RN 22
Listing City
White Bear Lake
Map Page
80
Municipality
White Bear Lake
School District
White Bear Lake
School District Phone
651-407-7500
Property ID Number
213022120021
Tax Year
2026
Tax Amount
11078
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
35E to Highway 96, West to Centerville Road, South to Property on East Side of Centerville Road

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Wall Unit(s)
Yes
Window Unit(s)
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

None
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes

Fencing

Partial
Yes
Privacy
Yes
Wood
Yes

Flooring

Concrete Slab
Yes
Luxury Vinyl Tile
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Forced Air
Yes
In-Floor Heating
Yes
Other
Yes

Lock Box Type

None
Yes

Lot Description

Corner Lot
Yes
Sod Included in Price
Yes
Tree Coverage - Light
Yes

Owner Pays

Common Area Maintenance
Yes
Fuel
Yes
Insurance
Yes
Lawn
Yes
Roof Maintenance
Yes
Snow Removal
Yes
Taxes
Yes
Trash Collection
Yes

Parking Characteristics

Parking Lot
Yes
Driveway - Shared
Yes
More Parking Offsite for Fee
Yes
Unassigned
Yes
Uncovered/Open
Yes

Patio, Porch and Deck Features

Other
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Flat
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Topography

Level
Yes

Wall Description

Concrete/Block
Yes
Drywall
Yes
Finished
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

On Site Utilities

Electric Separate
Yes
Hot Water Common
Yes

CMU Style

Apartments/Multi Family
Yes
Business Opportunity
Yes
Duplex Other
Yes
Mixed Use
Yes
Office
Yes

Commercial Kitchen Appliances

Flat Top
Yes
Ice Machine
Yes
Pre-Piped Fire Suppression System
Yes
Prep Station
Yes
Refrigerator
Yes
Walk-In Cooler/Freezer
Yes

Current Use

Commercial
Yes
Event Space
Yes
Other
Yes
Residential
Yes
Restaurant
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Free Standing
Yes

Potential Use

Income
Yes
Lounge/Bar
Yes
Office
Yes
Other
Yes
Professional
Yes
Rest/Lounge
Yes
Restaurant
Yes
Retail
Yes

Rent Rate per Foot

Other
Yes
IDX
Listing Office: Keller Williams Premier Realty
Last Updated: June - 29 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.