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Flex Space With Multiple Outbuildings
For Sale
$345,000

83 Outer Dr, Silver Bay, MN 55614

Multiple buildings support retail, service, office, and storage uses.

Property Size4,000 SF
Price / SF$86.25
Days on Market41

Property Features for 83 Outer Dr

General Information

Standard status Active
Size 4,000 SF

Additional Details

Highway Access Yes

Building Details

Year Built 1955
Buildings 3
Listing Agency: Z'Up North Realty, Inc.
Listed By: Andrea Zupancich
Source: Searchhousesnow
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 5:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Z'Up North Realty, Inc.

Investment Insights

Based on property information with market context.

This flex property includes a 4,000-square-foot primary building, a 240-square-foot garage, and a separate 1,520-square-foot storage building. The improvements support a range of commercial applications, including retail, service, office, and storage functions. The site also offers ample parking and occupies more than 1 acre with varied topography and exposed rock features.

The property is located at 83 Outer Dr in Silver Bay, within the community’s central business area and commercial corridor. Highway 61 is nearby, providing access from the site to the surrounding area. Built in 1955, the property combines a principal commercial building with additional enclosed storage and garage space.

Key Highlights

  • 4,000‑square‑foot primary building with additional enclosed space
  • Separate 1,520‑square‑foot storage building
  • 240‑square‑foot garage included

Property Analytics

Current Use

City Shop Government Office

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby
Balanced
Demand for This Use

Demographics for 55614, MN

2,476
Population
1,529
Households
1.6
Avg Household Size
52
Median Age
23%
College-Educated
96%
High-School Grad
218.3 sq mi
ZIP Area
11
Density / Sq Mi
$74,313
Median Household Income
$49,921
Median Earnings
$1,035
Median Rent
$172,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Multiple buildings support retail, service, office, and storage uses.
Where is this flex 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 $345,000.
What are key features of this property?
This property features: 4,000‑square‑foot primary building with additional enclosed space; Separate 1,520‑square‑foot storage building; 240‑square‑foot garage included
More about this property
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