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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 Embarrass, MN Zim, MN
    Corner Restaurant Property
    Updated: Jun 1
    Corner Restaurant Property

    501 N Broadway, Gilbert, MN 55741

    $450,000
    Corner position at Highway 135 and Broadway
    Upper level includes dining area, separate bar, commercial kitchen, and restrooms
    Lower level features office space, walk‑in freezer, storage, and flexible areas
    Built in 2006 with wood‑frame construction
    Natural gas heating and central air conditioning
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    See what stands out in St. Louis County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    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.

    Breakfast & Diner with Basement
    Breakfast & Diner with Basement

    114 N Main St, Aurora, MN 55705

    $425,000
    2,250 sqft

    Established restaurant with substantial seating and lower-level cold storage for supplies.

    View details
    Historic Bar & Pub with Outdoor Area
    Historic Bar & Pub with Outdoor Area

    19 W Lake St, Chisholm, MN 55719

    $48,000
    1,825 sqft

    1908-built space retains exposed brick, tall ceilings, detailed tin ceilings, and a rear outdoor area.

    View details
    Established Restaurant with Basement
    Established Restaurant with Basement

    114 N Main St, Aurora, MN 55705

    $425,000

    Downtown Aurora restaurant with seating, storage, and walk-in cooling equipment.

    View details
    Bar Building with Outdoor Area
    Bar Building with Outdoor Area

    19 Lake St W, Chisholm, MN 55719

    $48,000

    Exposed brick, original tin ceilings, and a rear outdoor area give this commercial space distinctive character.

    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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55741 $450K

    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)

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