4466 CENTERVILLE RD

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4466 CENTERVILLE RD

WHITE BEAR LAKE, MN 55127
Asking Price
$975K
Asset Type
Single Family Rental Portfolio Retail
Class
Class B

What's Special

Versatile and Well-appointed mixed-use building. <p><strong style="color: rgba(0, 0, 0, 1)">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 architec

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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784

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