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    Gilbert, MN
    Conventional Restaurant

    Gilbert, MN Conventional Restaurants for Sale

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    Virginia, MN Eveleth, MN Biwabik, MN Mountain Iron, MN Iron, MN Aurora, MN Forbes, MN Embarrass, MN
    Restaurant Building with Commercial Kitchen
    Updated: Jun 1
    Restaurant Building with Commercial Kitchen

    501 N Broadway, Gilbert, MN 55741

    $450,000
    Commercial property built in 2006 with wood frame construction, asphalt roof, and natural gas heating
    Upper level includes restaurant space with dining area, separate bar, commercial kitchen, and restrooms
    Lower level features a former living area, office, walk‑in freezer, abundant storage, and additional flexible space
    Corner location on Highway 135 and Broadway with ample parking
    Central air cooling
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Gilbert, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Multi-Use Restaurant Facility
    Historic Multi-Use Restaurant Facility

    7596 Werner Rd, Virginia, MN 55792

    $400,000
    4,673 sqft 1.37 AC lot

    Historic schoolhouse-turned-town hall with refinished interiors, handicap access, and off-street parking on 1.37 acres.

    View details
    Turn-Key Family Restaurant
    Turn-Key Family Restaurant

    114 N Main Street, Aurora, MN 55705

    $425,000
    2,250 sqft

    Turn-key restaurant includes main dining space and a basement with a walk-in cooler and freezer for storage.

    View details
    Turnkey Restaurant with Upstairs Office
    Turnkey Restaurant with Upstairs Office

    201 S 3rd St., Virginia, MN 55792

    $420,000

    Turnkey restaurant sale includes building, equipment, fixtures, plus an upstairs unit currently used as office and break room.

    View details
    Established Restaurant in Aurora, MN
    Established Restaurant in Aurora, MN

    114 N Main St, Aurora, MN 55705

    $425,000

    Turn-key restaurant opportunity in the heart of Aurora, Minnesota.

    View details

    Gilbert, MN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Gilbert, MN on our real estate platform.

    Sale prices for conventional restaurants in Gilbert, MN average $450,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Conventional restaurants 1

    Demographics Overview

    Population 2,933
    Population Growth (5Y) -17.6%
    Median Household Income $66,528
    College Educated 22.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $14.39 per SF
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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