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Mixed-Use Restaurant Building
For Sale
$249,000

96 Outer Dr, Silver Bay, MN 55614

Restaurant-ready main level with commercial kitchen equipment and adaptable rooms above for additional approved use.

Property Size2,516 SF
Price / SF$98.97
Days on Market8

Property Features for 96 Outer Dr

General Information

Standard status Active
Size 2,516 SF

Taxes and HOA fees

Annual Taxes $3,622
Listing Agency: Kris Lindahl Real Estate
Listed By: Kris Lindahl · License #40577988
Source: Exprealty
Added: Sep 10 Changed: Sep 16 Last Checked: Sep 16 at 12:38PM

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 Kris Lindahl Real Estate

Investment Insights

Based on property information with market context.

Located at 96 Outer Dr in Silver Bay, this mixed-use building combines a restaurant-oriented main level with adaptable space upstairs. The lower level includes a commercial kitchen, pizza equipment, and an ice-cream restaurant-style finish. A freezer compressor was installed in 2025, while the primary HVAC system requires replacement.

The upper level contains two rooms and an existing three-quarter bath. The space could support a two-bedroom micro-hotel, short-term rental suite, or apartment after adding a kitchenette and securing appropriate approvals. The property is next to Bri-Essa's gas station, providing a recognized commercial setting for a business that can use the existing restaurant improvements while evaluating the upper-level configuration.

Key Highlights

  • Restaurant‑oriented main level with commercial kitchen setup
  • Pizza equipment included
  • Freezer compressor installed in 2025

Property Analytics

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Current Use

Zoe's Pizza Kitchen Restaurant Zoe’s Pizza Restaurant

Suggested Use

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

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

115
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant-ready main level with commercial kitchen equipment and adaptable rooms above for additional approved use.
Where is this mixed-use property located?
The property is located at 96 Outer Dr Silver Bay, MN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Restaurant‑oriented main level with commercial kitchen setup; Pizza equipment included; Freezer compressor installed in 2025
More about this property
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