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    Silver Bay, MN
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    Silver Bay, MN Commercial Real Estate for Sale

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    Beaver Bay, MN Finland, MN Isabella, MN
    Silver Bay Commercial/Industrial Opportunity
    $375,000
    5,760 SF

    Silver Bay Commercial/Industrial Opportunity

    83 Outer Dr, Silver Bay, MN 55614

    Commercial property in Silver Bay with retail, office, or service potential.

    • Priced below appraisal value.
    • Prime location in the central business area of Silver Bay, just off Hwy 61.
    • Versatile commercial usages: retail, services, or office.
    • Ample parking available.
    • Substantial space: 4,000 sq ft building, 1,520 sq ft storage building, and 240 sq ft garage.
    Updated: Oct 26, 2025
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    10 Acres of Recreational Land
    $50,000
    10.00 Acres

    10 Acres of Recreational Land

    Tbd Highway 3, Silver Bay, MN 55614

    10 acre parcel perfect for hunting or hobby farm.

    • 10‑acre parcel ideal for hunting, hobby farming, or a rural retreat.
    • Stream running along the western edge attracts wildlife.
    • Mix of tree coverage and hay field.
    • Short 15‑minute drive to Silver Bay and Lake Superior.
    • Seller is in the process of subdividing the northern 10 acres.
    Updated: May 20
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    Commercially Zoned Corner Lot
    $175,000

    Commercially Zoned Corner Lot

    Prime commercial lot with high visibility and development potential.

    42 Outer Drive, Silver Bay, MN 55614
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    Cultivation Center Near Lake Superior
    $795,000
    8,536 SF

    Cultivation Center Near Lake Superior

    Cultivation center on one acre near Duluth and Lake Superior.

    120 Mensing Dr, Silver Bay, MN
    View details
    Based on your search, we've compiled 130 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 122 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.

    Restaurant/Bar on Highway 61
    $524,900
    4,800 SF

    Restaurant/Bar on Highway 61

    Retail/commercial property with high visibility and Lake Superior views.

    1329 Highway 61, Two Harbors, MN 55616
    View details
    Hoyt Lakes Assisted Living Facility
    $1,900,000
    8.15 Acres

    Hoyt Lakes Assisted Living Facility

    Turn-key 20-unit assisted living facility on 8.1 acres.

    421 Kennedy Memorial Drive, Hoyt Lakes, MN 55750
    View details
    Turn-Key Assisted Living Facility
    $1,900,000
    13,880 SF

    Turn-Key Assisted Living Facility

    20-unit assisted living facility on 8.1 acres in Hoyt Lakes.

    421 Kennedy Memorial Drive, Hoyt Lakes, MN 55750
    View details
    Burlington Bay Lake Superior Condos
    Contact for pricing
    1,250 SF

    Burlington Bay Lake Superior Condos

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

    1412 Burlington Road, Two Harbors, MN 55616
    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

    Silver Bay, MN 55614

    COMMERCIAL (GENERAL) • 0.46 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    12 Law Dr

    12 Law Dr

    OFFICE BUILDING • 1,288 SF
    Value Estimation by Request
    12 Law Dr, Silver Bay, MN 55614-1136
    View details
    83 Outer Dr

    83 Outer Dr

    MINI-WAREHOUSE, STORAGE • 4,000 SF
    Value Estimation by Request
    83 Outer Dr, Silver Bay, MN 55614-1132
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    MANUFACTURING (LIGHT) • 1,520 SF
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    MOTEL • 9,630 SF
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    VACANT COMMERCIAL LAND • 0.20 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    MOTEL • 9,630 SF
    Value Estimation
    $645,000
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    VACANT COMMERCIAL LAND • 0.94 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    36 Bell Cir

    36 Bell Cir

    GARDEN APT, COURT APT (5+ UNITS) • 20,190 SF
    Value Estimation by Request
    36 Bell Cir, Silver Bay, MN 55614-1322
    View details
    5715 Hwy 1st 1

    5715 Hwy 1st 1

    RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
    Value Estimation by Request
    5715 Hwy 1st 1, Silver Bay, MN 55614-3610
    View details
    93 Outer Dr

    93 Outer Dr

    VACANT COMMERCIAL LAND • 0.17 Acres
    Value Estimation
    $900,000
    93 Outer Dr, Silver Bay, MN 55614-1132
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    COMMERCIAL (GENERAL) • 0.33 Acres
    Value Estimation
    $900,000
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    SERVICE STATION WITH FOOD MART • 0.62 Acres
    Value Estimation
    $900,000
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    COMMERCIAL (GENERAL) • 0.20 Acres
    Value Estimation
    $900,000
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    INDUSTRIAL - VACANT LAND • 2.06 Acres
    Value Estimation
    $550,000
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    MANUFACTURING (LIGHT) • 4,918 SF
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    VACANT COMMERCIAL LAND • 0.15 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    36 Shopping Ctr

    36 Shopping Ctr

    FINANCIAL BUILDING • 6,174 SF
    Value Estimation by Request
    36 Shopping Ctr, Silver Bay, MN 55614-1135
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    VACANT COMMERCIAL LAND • 0.75 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details
    Silver Bay, MN 55614

    Silver Bay, MN 55614

    VACANT COMMERCIAL LAND • 0.31 Acres
    Value Estimation by Request
    Silver Bay, MN 55614
    View details

    Silver Bay, MN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 126 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 14,296 square feet of properties for sale, with an estimated market value of $1,170,000.

    Sale prices for business properties in Silver Bay, MN start at $375,000, averaging $585,000, 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 Strategic Investment

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

    Neighborhood Average Price
    55614 $216.7K

    Taxes & Financing

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

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