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Silver Bay, MN Office Spaces for Sale

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Beaver Bay, MN Finland, MN Schroeder, MN Two Harbors, MN
Flex Space With Multiple Outbuildings
Updated: Jul 20
Flex Space With Multiple Outbuildings

83 Outer Dr, Silver Bay, MN 55614

$275,000
4,000 sqft
4,000‑square‑foot primary building with additional enclosed space
Separate 1,520‑square‑foot storage building
240‑square‑foot garage included
More than 1 acre with varied topography and rock outcroppings
Ample parking across the commercial site
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 9 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Five-Suite Office Building
Five-Suite Office Building

8025 US Highway 2, Iron River, WI 54847

$299,900
2,500 sqft 2.87 AC lot

Multi-suite office property with paved parking and a heated garage serving one of the office suites.

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Downtown Ely Commercial Building
Downtown Ely Commercial Building

29 E Chapman St, Ely, MN 55731

$209,000
6,900 sqft 0.19 AC lot

Two-level commercial building in downtown Ely with business potential.

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Mixed-Use Property with Apartment
Mixed-Use Property with Apartment

133 E Chapman Street, Ely, MN 55731

$230,000

Open commercial space is paired with an upper-level one-bedroom apartment and separate rear access.

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Office Building with 5 Suites
Office Building with 5 Suites

8025 Highway 2, Iron River, WI 54847

$299,900

Five-office suite building with paved parking, including a heated garage attached to one suite.

View details

Off-Market Properties in Silver Bay, MN

Consider similar Off-Market properties in Silver Bay, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

12 Law Dr
OFFICE BUILDING

12 Law Dr, Silver Bay, MN 55614-1136

Estimated value:
$255,000
1,288 sqft
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97 Outer Dr
OFFICE BUILDING

97 Outer Dr, Silver Bay, MN 55614-1132

Estimated value:
$190,000
7,936 sqft
View details
105 Outer Dr
OFFICE BUILDING

105 Outer Dr, Silver Bay, MN 55614-1119

Estimated value:
$340,000
6,016 sqft 1.06 AC lot
View details
85 Outer Dr
OFFICE BUILDING

85 Outer Dr, Silver Bay, MN 55614-1132

Estimated value:
$355,000
3,000 sqft
View details
57 Horn Blvd
OFFICE BUILDING

57 Horn Blvd, Silver Bay, MN 55614-1232

Estimated value:
$455,000
8,846 sqft 2.92 AC lot
View details
5486 Hwy 61
OFFICE BUILDING

5486 Hwy 61, Silver Bay, MN 55614-4211

Estimated value:
$320,000
5,797 sqft 5.88 AC lot
View details
87 Banks Blvd
OFFICE BUILDING

87 Banks Blvd, Silver Bay, MN 55614

Estimated value:
$250,000
3,038 sqft 2.17 AC lot
View details
Silver Bay, MN 55614
OFFICE BUILDING

Silver Bay, MN 55614

Estimated value:
$1,875,000
78,000 sqft 16.74 AC lot
View details
Silver Bay, MN 55614
OFFICE BUILDING

Silver Bay, MN 55614

Estimated value:
$1,320,000
10,904 sqft 38.14 AC lot
View details

Silver Bay, MN Office Spaces Market Trends and Statistics

Explore 10 office spaces for sale in Silver Bay, MN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $275,000.

Sale prices for office properties in Silver Bay, MN average $275,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 1

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 $275K

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

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