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    83 Outer Dr Silver Bay, MN 55614

    For Sale
    $375,000

    Commercial/Industrial - Silver Bay, MN

    Property size:
    5,760 SF
    Days on Market:
    41
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 83 Outer Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    com
    APN
    PC 22-7470-10173, 22-7490
    Parking
    10
    Size
    5,760 SF

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Roof type
    Metal
    Architectural style
    Other

    Z' Up North Realty (218) 827-2288

    Listing agent Andrea Zupancich (218) 827-2288

    Listing date Oct 26, 2025

    MLS# 149193 Listing URL

    Copyright © 2025 Range Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Silver Bay Commercial/Industrial Opportunity

    This commercial property in Silver Bay, Minnesota, offers a wide variety of potential uses, including retail, services, or office space. The property features a 4,000-square-foot building, a 240-square-foot garage, and an additional 1,520-square-foot storage building. Ample parking is available. Situated in the central business area of Silver Bay, just off Highway 61, the location offers many opportunities. The property sits on over 1 acre of land with rock outcroppings. This is the commercial corridor for downtown Silver Bay.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    City Shop Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Bay
    County
    Lake
    State
    Minnesota
    Longitude
    -91.267727
    Latitude
    47.294315

    Nearby Similar for Sale

    • $795,000
      8,536 SF

      Cultivation Center Near Lake Superior

      Cultivation center on one acre near Duluth and Lake Superior.
      120 Mensing Dr, Silver Bay, MN 55614
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial property in Silver Bay with retail, office, or service potential.
    Where is this retail space located?
    The property is located at 83 Outer Dr Silver Bay, MN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Priced below appraisal value.; - Prime location in the central business area of Silver Bay, just off Hwy 61.; - Versatile commercial usages: retail, services, or office.
    (218) 827-2288
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    83 Outer Dr Silver Bay, MN 55614
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