Silver Bay, MN Commercial Real Estate for Sale

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Beaver Bay, MN Finland, MN Schroeder, MN Two Harbors, MN Isabella, MN
Flex Space with Storage Buildings
Updated: Jul 19
Flex Space with Storage Buildings

83 Outer Dr, Silver Bay, MN 55614

$275,000
4,000 sq ft primary commercial building
Separate 1,520 sq ft storage building
240 sq foot garage
Over 1 acre of land with rock outcroppings
Ample parking on site
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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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Industrial Flex Property
Industrial Flex Property

83 Outer Dr, Silver Bay, MN 55614

$275,000
4,000 sqft 1.00 AC lot

Multi-building industrial flex site with a 4,000 sq ft building, 240 sq ft garage, and 1,520 sq ft storage building.

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Commercially Zoned Corner Lot
Commercially Zoned Corner Lot

42 Outer Drive, Silver Bay, MN 55614

Contact for pricing

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.

Campground and Resort-Style Property
Campground and Resort-Style Property

9830 Fredrickson Rd, Isabella, MN 55607

$2,700,000
40,000 sqft 150.00 AC lot

Large lakeside camp complex with 34 buildings and dining hall, bunkhouses, and office space on multiple waterways.

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

1329 Highway 61, Two Harbors, MN 55616

Contact for pricing
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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Restaurant Property with Lodging
Restaurant Property with Lodging

9375 Highway 1, Isabella, MN 55607

$230,000

Includes an attached apartment, separate cabin, and substantial storage building.

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

$125,000
Estimated value
0.46 AC lot
View details
12 Law Dr
OFFICE BUILDING

12 Law Dr, Silver Bay, MN 55614-1136

$255,000
Estimated value
1,288 sqft
View details
83 Outer Dr
MINI-WAREHOUSE, STORAGE

83 Outer Dr, Silver Bay, MN 55614-1132

$275,000
Estimated value
4,000 sqft 0.18 AC lot
View details
Silver Bay, MN 55614
MANUFACTURING (LIGHT)

Silver Bay, MN 55614

$145,000
Estimated value
1,520 sqft 0.43 AC lot
View details
Silver Bay, MN 55614
MOTEL

Silver Bay, MN 55614

$260,000
Estimated value
9,630 sqft 0.29 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

$235,000
Estimated value
0.20 AC lot
View details
Silver Bay, MN 55614
MOTEL

Silver Bay, MN 55614

$605,000
Estimated value
9,630 sqft 0.32 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

$240,000
Estimated value
0.94 AC lot
View details
36 Bell Cir
GARDEN APT, COURT APT (5+ UNITS)

36 Bell Cir, Silver Bay, MN 55614-1322

$90,000
Estimated value
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

$300,000
Estimated value
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

$420,000
Estimated value
4,918 sqft 5.40 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

$135,000
Estimated value
0.15 AC lot
View details
36 Shopping Ctr
FINANCIAL BUILDING

36 Shopping Ctr, Silver Bay, MN 55614-1135

$110,000
Estimated value
6,174 sqft
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

$245,000
Estimated value
0.75 AC lot
View details
Silver Bay, MN 55614
VACANT COMMERCIAL LAND

Silver Bay, MN 55614

$245,000
Estimated value
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 4,000 square feet of properties for sale, with an estimated market value of $600,000.

Sale prices for business properties in Silver Bay, MN start at $50,000, averaging $200,000, and reaching up to $275,000 — 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 $248K

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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