4466 Centerville RoadWhite Bear Lake, MN 55127
$899,000
4 bedrooms · 2 bathrooms · 5,232 finished sq ft · 0.29 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1983
- Bedrooms
- 4
- Bathrooms
- 2
- Finished sq ft
- 5,232
- Lot
- 0.29 acres
- Basement
- None
- Heating
- Electric, Natural Gas, Forced Air, Other
- Cooling
- Central Air, Wall Unit(s), Window Unit(s)
- Property taxes
- $11,078 a year
- Listed
- June 2, 2026
- MLS number
- 7080841
Listing courtesy of Keller Williams Premier Realty (Eric E. Katz). MLS #7080841.
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How it compares
4466 Centerville Road, White Bear Lake, MN 55127 is a 4-bedroom single-family home built in 1983, listed for $899,000 on June 2, 2026 by Keller Williams Premier Realty. That is in the upper quarter of the 40 single-family homes for sale in White Bear Lake right now (median $380,900; $172 per square foot here against $235 for the group). That works out to $172 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:49 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- White Bear Lake community guideSchools, commutes, parks, home values and local stories.
- White Bear Lake housing market, September 2026Homes sold for a median $365,000 over 12 months (+1.4%), 40 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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