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    Silver Bay, MN
    Mixed-Use

    Silver Bay, MN Mixed-use Properties for Sale

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    Beaver Bay, MN Finland, MN
    Mixed-Use Restaurant Building
    Updated: Sep 10
    Mixed-Use Restaurant Building

    96 Outer Dr, Silver Bay, MN 55614

    $249,000
    2,516 sqft
    Restaurant‑oriented main level with commercial kitchen setup
    Pizza equipment included
    Freezer compressor installed in 2025
    Two upstairs rooms with an existing 3/4 bath
    Upper level may support a two‑bedroom micro‑hotel, short‑term rental suite, or apartment with approvals
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Mixed-Use Building
    Freestanding Mixed-Use Building

    401 E Sheridan St, Ely, MN 55731

    $395,000
    4,820 sqft

    Freestanding building with operational ground-floor retail and an upstairs four-bedroom apartment with private deck and detached garage.

    View details
    Mixed-Use Property with Rooftop Deck
    Mixed-Use Property with Rooftop Deck

    133 E Chapman Street, Ely, MN 55731

    $230,000
    3,030 sqft

    An open commercial floor occupies the main level, with a one-bedroom apartment above and off-street parking.

    View details
    Mixed-Use Bar and Residential Property
    Mixed-Use Bar and Residential Property

    304 Main Street N, Aurora, MN 55705

    $149,900
    0.07 AC lot

    Main-level bar operations accompany two upstairs one-bedroom residential units in a historic downtown building.

    View details
    Mixed-Use Property with Bar
    Mixed-Use Property with Bar

    304 Main Street N, Aurora, MN 55705

    $149,900

    The sale includes bar equipment, fixtures, and furnishings, plus two upstairs residential units.

    View details

    Silver Bay, MN Mixed-Use Properties Market Trends and Statistics

    Explore 1 mixed-use properties for sale in Silver Bay, MN on our real estate platform. These investment opportunities span a total of 2,516 square feet of properties for sale, with an estimated market value of $249,000.

    Sale prices for multi use buildings in Silver Bay, MN average $249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 2,450
    Population Growth (5Y) +5.3%
    Median Household Income $74,313
    College Educated 28.3%

    High-Yield Neighborhoods for Investment

    Identify Silver Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55614 $262K

    Taxes & Financing

    Tax Rate (average for all types) 1.45%
    Property Tax per SF $22.41 per SF
    Tax Rate vs County Average 0.49 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    How Realmo verifies these figures

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