Building Details

Building materials Steel Frame

Roof type Metal

Listing Agency: z' Up North Realty Show Phone

Listed By: Andrea Zupancich Show Phone

Added: Jul 19 Changed: Aug 19 Last Checked: Aug 29 at 10:06PM

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MLS# 149193

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This flex-space property includes a 4,000-square-foot primary building, a 240-square-foot garage, and a separate 1,520-square-foot storage building. The configuration supports retail, service, and office uses, with ample on-site parking. Steel-frame construction, a metal roof, forced-air heating, propane heat, and central air are included among the building features.

The property occupies more than 1 acre in Silver Bay’s central business area, just off Hwy 61. The site includes rock outcroppings and is positioned within the community’s downtown commercial corridor. Zoning is identified as com.

Key Highlights

• 4,000 sq ft primary commercial building
• Separate 1,520 sq ft storage building
• 240 sq foot garage

Property Analytics

Property Profile

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

Explore this area Business Placement

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

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial property with multiple enclosed structures, dedicated garage space, and parking for varied business operations.

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 $275,000.

What are key features of this property?

This property features: 4,000 sq ft primary commercial building; Separate 1,520 sq ft storage building; 240 sq foot garage