Conventional Restaurant

Virginia, MN Conventional Restaurants for Sale

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Embarrass, MN Biwabik, MN Gilbert, MN Mountain Iron, MN Iron, MN Eveleth, MN Tower, MN Aurora, MN
Restaurant Building With Upstairs Space
Updated: Jul 28
Restaurant Building With Upstairs Space

201 S 3rd St., Virginia, MN 55792

$390,000
Restaurant building with equipment and fixtures included
Functional kitchen configured for food‑service operations
Upstairs apartment currently used for office space and a staff break room
Customer parking and convenient access
B1 zoning
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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 Virginia, 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.

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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.

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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.

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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.

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Virginia, MN Conventional Restaurants Market Trends and Statistics

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

Sale prices for conventional restaurants in Virginia, MN average $390,000 — 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

Conventional restaurants 1

Demographics Overview

Population 9,848
Population Growth (5Y) +0.4%
Median Household Income $50,616
College Educated 13.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55792 $420K

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $19.80 per SF
Tax Rate vs County Average 0.05 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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