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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 Zim, MN Buhl, 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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    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.

    Turnkey Conventional Restaurant
    Turnkey Conventional Restaurant

    312 Westover Rd, Hoyt Lakes, MN 55750

    $299,900
    1,800 sqft

    Operating restaurant positioned along regional ATV and snowmobile trail traffic.

    View details
    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
    Operational Restaurant Near Trail Routes
    Operational Restaurant Near Trail Routes

    312 Westover Rd, Hoyt Lakes, MN 55750

    $299,900

    Established dining business with seasonal customer traffic from regional ATV and snowmobile trails.

    View details
    Restaurant with Basement
    Restaurant with Basement

    114 N Main St, Aurora, MN 55705

    $425,000

    The lower level provides walk-in cold storage and shelving for restaurant supplies.

    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 2
    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)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Gilbert, MN

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