Silver Bay, MN Commercial Real Estate for Sale

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Beaver Bay, MN Finland, MN Two Harbors, MN
Commercial Property with Garage and Storage
Updated: Jun 22
Commercial Property with Garage and Storage

83 Outer Dr, Silver Bay, MN 55614

$349,000
4,000 sq ft commercial space in one building with additional storage and a 240 sq ft garage
Includes a 1,520 sq ft storage building and ample on‑site parking
Steel frame construction with metal roof
Central air and forced‑air heating with propane
Over 1 acre of land with rock outcroppings and varied topography
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Hunting and Hobby Farm Land Parcel
Updated: Jun 17
Hunting and Hobby Farm Land Parcel

Highway 3, Silver Bay, MN 55614

$50,000
10.00 AC lot
10‑acre parcel with a mix of tree coverage and a hay field
Stream runs along the western edge of the property
Located just off the northern shores of Lake Superior, about a 15‑minute drive to Silver Bay
Sold as‑is
Seller is subdividing the northern 10 acres of a larger 40‑acre parcel
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Cultivation Center Near Lake Superior
Cultivation Center Near Lake Superior

120 Mensing Dr, Silver Bay, MN

$795,000
8,536 sqft · 0.97 AC lot

Cultivation center on one acre near Duluth and Lake Superior.

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Commercially Zoned Corner Lot
Commercially Zoned Corner Lot

42 Outer Drive, Silver Bay, MN 55614

$165,000

Prime commercial lot with high visibility and development potential.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Agricultural Land with River Frontage
Agricultural Land with River Frontage

86640 N S Pratt Road, Bayfield, WI 54814

$699,900
277.00 AC lot

277-acre agricultural and timber parcel with Sand River frontage, fencing, corrals, and wildlife habitat for hunting use.

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Retail/Commercial Property on Highway
Retail/Commercial Property on Highway

1329 Highway 61, Two Harbors, MN 55616

$524,900
4,800 sqft

High-visibility retail space on Highway 61 with strong daily traffic and Lake Superior views in Two Harbors’ Highway Business District.

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Historic Farmstead with Fruit Plantings
Historic Farmstead with Fruit Plantings

34045 S County Hwy J, Bayfield, WI 54814

$895,000

Bayfield farmstead with a 3-bedroom farmhouse, fruit plantings, and multiple outbuildings for flexible agricultural or rural uses.

View details
Burlington Bay Lake Superior Condos
Burlington Bay Lake Superior Condos

1412 Burlington Road, Two Harbors, MN 55616

Contact for pricing
1,250 sqft

Condos with lake views, indoor pool, hot tub, and more.

View details

Off-Market Properties in Silver Bay, MN

Consider similar Off-Market properties in Silver Bay, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Silver Bay, MN 55614
COMMERCIAL (GENERAL)

Silver Bay, MN 55614

Value Estimation by Request
0.46 AC lot
View details
12 Law Dr
OFFICE BUILDING

12 Law Dr, Silver Bay, MN 55614-1136

Value Estimation by Request
1,288 sqft
View details
83 Outer Dr
MINI-WAREHOUSE, STORAGE

83 Outer Dr, Silver Bay, MN 55614-1132

Value Estimation by Request
4,000 sqft · 0.18 AC lot
View details
Silver Bay, MN 55614
MANUFACTURING (LIGHT)

Silver Bay, MN 55614

Value Estimation by Request
1,520 sqft · 0.43 AC lot
View details
Silver Bay, MN 55614
MOTEL

Silver Bay, MN 55614

Value Estimation by Request
9,630 sqft · 0.29 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

Value Estimation by Request
0.20 AC lot
View details
Silver Bay, MN 55614
MOTEL

Silver Bay, MN 55614

$645,000
Estimated value
9,630 sqft · 0.32 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

Value Estimation by Request
0.94 AC lot
View details
36 Bell Cir
GARDEN APT, COURT APT (5+ UNITS)

36 Bell Cir, Silver Bay, MN 55614-1322

Value Estimation by Request
20,190 sqft · 1.69 AC lot
View details
5715 Hwy 1st 1
RETAIL STORES (PERSONAL SERVICES)

5715 Hwy 1st 1, Silver Bay, MN 55614-3610

Value Estimation by Request
1,680 sqft · 4.00 AC lot
View details
93 Outer Dr
VACANT COMMERCIAL LAND

93 Outer Dr, Silver Bay, MN 55614-1132

$900,000
Estimated value
0.17 AC lot
View details
Silver Bay, MN 55614
COMMERCIAL (GENERAL)

Silver Bay, MN 55614

$900,000
Estimated value
0.33 AC lot
View details
Silver Bay, MN 55614
SERVICE STATION WITH FOOD MART

Silver Bay, MN 55614

$900,000
Estimated value
0.62 AC lot
View details
Silver Bay, MN 55614
COMMERCIAL (GENERAL)

Silver Bay, MN 55614

$900,000
Estimated value
0.20 AC lot
View details
Silver Bay, MN 55614
INDUSTRIAL - VACANT LAND

Silver Bay, MN 55614

$550,000
Estimated value
2.06 AC lot
View details
Silver Bay, MN 55614
MANUFACTURING (LIGHT)

Silver Bay, MN 55614

Value Estimation by Request
4,918 sqft · 5.40 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

Value Estimation by Request
0.15 AC lot
View details
36 Shopping Ctr
FINANCIAL BUILDING

36 Shopping Ctr, Silver Bay, MN 55614-1135

Value Estimation by Request
6,174 sqft
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

Value Estimation by Request
0.75 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

Value Estimation by Request
0.31 AC lot
View details

Silver Bay, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Silver Bay, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 8,536 square feet of properties for sale, with an estimated market value of $795,000.

Sale prices for business properties in Silver Bay, MN start at $795,000, averaging $795,000, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,450
Population Growth (5Y) +5.3%
Median Household Income $74,313
College Educated 28.3%

High-Yield Neighborhoods for Investment

Identify Silver Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55614 $191.3K

Taxes & Financing

Tax Rate (average for all types) 1.45%
Property Tax per SF $22.41 per SF
Tax Rate vs County Average 0.49 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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