White Bear Lake, MN
Commercial Real Estate Market Trends & Data

$187 Avg asking sale price
$21 Avg asking lease rate
8,956 SF Avg unit lease size
12,589 SF Avg building size for sale
7.03% Average cap rate

White Bear Lake's Demographic Profile

White Bear Lake has 9,939 households and a median income of $78,947, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 23,766
# Households 9,939
Median age 43
Median household income $78,947
Avg household size 2.0
Renter-occupied housing units 3,138
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near White Bear Lake, MN

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
White Bear Lake $198 15,218 SF
Vadnais Heights $166 6,152 SF
Mahtomedi $234 43,250 SF
North Saint Paul $171 23,364 SF
North Oaks $178 5,200 SF

Commercial Properties For Sale in White Bear Lake

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Grease Monkey

White Bear Lake, MN 55110

  • 4,736 SF Retail Building
  • 7.15% Cap Rate
  • $1,200,000
For Sale

3560 Hoffman Rd E

Vadnais Heights, MN 55110

  • 32,925 SF Industrial Building
  • $3,100,000
For Sale

2565 E 7th Ave

North Saint Paul, MN 55109

  • 2,150 SF Retail Building
  • $548,000
For Sale

Building D

Mahtomedi, MN 55115

  • 15,600 SF Office Building
  • $1,600,000
For Sale

1320 County Road D E

Maplewood, MN 55109

  • 7,104 SF Retail Building
  • $1,100,000
For Sale

5201 Gershwin Ave N

Oakdale, MN 55128

  • 9,920 SF Office Building
  • $1,500,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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Qualified Improvement Property: Tax Rules for CRE Investors
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Sales Comparison Approach
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Property Title Search
Property Title Search
Learn how to verify ownership, spot red flags, and protect your deal with a thorough property title search.
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The 'Pet Clause' for Office Leases
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Nearby Commercial Markets

Comparing nearby markets helps investors see whether White Bear Lake pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
White Bear Lake $187 12,589 SF
Gem Lake $94 29,388 SF
Vadnais Heights $157 11,131 SF
Mahtomedi $188 17,459 SF
North Saint Paul $190 9,456 SF

Regional Demographic Comparison

This comparison places White Bear Lake alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in White Bear Lake or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
White Bear Lake 23,766 9,939 43 $78,947 2 3,138 -3%
Vadnais Heights 12,689 5,268 44 $89,911 2 1,139 -2%
Mahtomedi 8,282 3,244 44 $124,485 3 747 6%
North Saint Paul 13,188 5,047 39 $74,484 3 1,519 1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in White Bear Lake, MN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in White Bear Lake

View All Commercial Real Estate For Sale in White Bear Lake
Is White Bear Lake a good market for a first-time commercial real estate investor?

White Bear Lake offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in White Bear Lake?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in White Bear Lake. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in White Bear Lake?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for White Bear Lake. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does White Bear Lake compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to White Bear Lake. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for White Bear Lake acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in White Bear Lake, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends