Listing Agency: Z' Up North Realty a***@zupnorth.com Show Phone

Listed By: Andrea Zupancich Show Phone

Source: Exprealty

Added: Oct 18, 2025 Changed: Jul 20 Last Checked: Jul 29 at 1:50PM

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Investment Insights

Based on property information with market context.

This industrial flex property offers multiple buildings and flexible commercial use options. The site includes a 4,000 sq ft building, a 240 sq ft garage, and an additional 1,520 sq ft storage building, along with ample parking for day-to-day operations.

Located in the central business area of Silver Bay, just off Hwy 61, the property sits along the commercial corridor serving downtown. It is set on over 1 acre of land with notable topography, including rock outcroppings.

The combination of warehouse/storage space, a garage component, and on-site parking supports a variety of service and light industrial arrangements consistent with the property’s stated flex use profile.

Key Highlights

• Multi‑building commercial/industrial flex site with a 4,000 SF building plus additional outbuildings
• Includes a 240 SF garage and a 1,520 SF storage building
• Over 1 acre of land with rock outcroppings and topography

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.

Location Intelligence

Trade Area within ½ mile

131

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 Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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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 - Multi-building industrial flex site with a 4,000 sq ft building, 240 sq ft garage, and 1,520 sq ft storage building.

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 $349,000.

What are key features of this property?

This property features: Multi‑building commercial/industrial flex site with a 4,000 SF building plus additional outbuildings; Includes a 240 SF garage and a 1,520 SF storage building; Over 1 acre of land with rock outcroppings and topography