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    1010 Main St Beaver Bay, MN

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    For Sale
    $395,000

    Prime location suitable for various business ventures.

    Property size:
    2,904 SF
    Lot size:
    0.17 Acres

    Property Features for 1010 Main St

    General Information

    Size
    2,904 SF
    Lot size
    0.17 Acres

    Source: Greg Follmer Commercial Real Estate Agent Greg Follmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Building on Main Street

    Located in Beaver Bay, Minnesota, this 2,904-square-foot building on Main Street (Hwy 61) is suitable for various uses. Remodeled in 2006, the property currently operates as Tracks N Racks Bar and Grill. Its location is near the Holiday gas station and close to tourist destinations on the North Shore, including Splitrock Lighthouse and Black Beach. The property is intended for use as a bar, restaurant, or retail property.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Cove Point Crossings, Green Door, Tracks N Racks

    Map

    City
    Beaver Bay
    County
    Lake
    State
    Minnesota
    Longitude
    -91.2985712
    Latitude
    47.2585016

    FAQs

    What type of property is this?
    Bar - Prime location suitable for various business ventures.
    Where is this bar located?
    The property is located at 1010 Main St Beaver Bay, MN.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Prime location on Main Street (Hwy 61); - Currently operating as a bar and grill (Tracks N Racks); - Completely remodeled in 2006
    (218) 310-0013
    Request Owner's contact information
    1010 Main St Beaver Bay, MN
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    Beaver Bay, MN
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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
    1010 Main St Beaver Bay, MN
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