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$975,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,232 Sq. Ft.
  • 0.29 Acres
  • Updated 7 hours ago
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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. 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!! Just south of 96 and just off 35e. Easy to get to and highly visible. Building Signage Opportunity. Minutes to downtown White Bear Lake.

Full Property Details for 4466 Centerville Rd

General

  • Price: $975,000
  • Taxes: $11,078 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7080841
  • Updated: 6/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Flooring: Concrete Slab, Luxury Vinyl Tile

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Exterior

  • Porch/Patio/Deck: Other

Parking

  • Parking Features: Asphalt, Shared Driveway, Parking Lot, More Parking Offsite for Fee, Unassigned, Open

Location

  • County: Ramsey
  • Township: White Bear Lake
  • Subdivision: Section 21 Town 30 Range 22
  • Driving Directions: 35E to Highway 96, West to Centerville Road, South to Property on East Side of Centerville Road

School Information

  • School District: 624 - White Bear Lake
  • High School District: White Bear Lake

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Wall Unit(s), Window Unit(s)
  • Heating Type: Forced Air, In-Floor Heating, Other
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Hot Water Common

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Foundation Size: 2600
  • Roof: Age Over 8 Years, Flat
  • Ceiling Height: 11-15
  • Disability Access: None
  • Square Feet: 5,232
  • Finished Down/Base.: 5,232 Sq. Ft.
  • Current Bldg. Use: Commercial, Event Space, Other, Residential, Restaurant
  • Year Built: 1983

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Dimensions: 93 x 136
  • Frontage: County Road
  • Potential Use: Office, Other, Professional Service, Rest/Lounge, Restaurant, Retail, Income, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Sod Included in Price, Light Tree Coverage
  • Fencing (Description): Partial, Privacy, Wood

Financial Considerations

  • Tax Amount: $11,078
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: Common Area Maintenance, Fuel, Insurance, Grounds Care, Roof Maintenance, Snow Removal, Taxes, Trash Collection
  • Pays Trash: Owner Pays

Disclosures and Reports

  • 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
  • Inclusions: Building, Fixture/Equipment, Leases
  • Property ID: 213022120021

Listed by Keller Williams Premier Realty

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— 4466 Centerville Rd —

  • Keller Williams Premier Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 4466 Centerville Rd

School District:White Bear Lake School District
NameGradesDistance
Otter Lake Elementary School
1401 County Road H2 East, White Bear Lake, MN 55110
K-52.2 mi
Central Middle School, White Bear Lake, MN
4857 Bloom Avenue, White Bear Lake, MN 55110
6-82.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4466 Centerville Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/02/2026
Listed
$975,000
95.78%
MLS
12/21/2018
Sold
$498,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4466 Centerville Rd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,364
3%
$453,700
3%
2024
$10,088
24%
$440,000
-1%
2023
$8,112
-1%
$443,700
28%
2021
$8,170
1%
$346,700
-5%
2023
$8,112
-1%
$363,700
4%
2021
$8,170
16%
$348,100
18%
2020
$7,070
17%
$294,700
10%
2019
$6,060
16%
$267,900
11%
2018
$5,214
-8%
$241,500
5%
2017
$5,688
-1%
$229,600
37%
2016
$5,736
-4%
$167,700
201%
2015
$5,952
-20%
$55,800
-78%
2014
$7,454
—
$259,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4466 Centerville Road, White Bear Lake, MN 55127 (MLS# 7080841) is a Commercial property. 4466 Centerville Road is currently listed for $975,000 and was received on June 02, 2026. Want to learn more about 4466 Centerville Road? Do you have questions about finding other Commercial real estate for sale in White Bear Lake? You can browse all White Bear Lake real estate or contact a Coldwell Banker agent to request more information.

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