Babbitt, MN
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    Babbitt, MN Restaurants for Sale

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    Embarrass, MN Ely, MN Hoyt Lakes, MN
    Bar and Grill Opportunity
    $225,000
    2,840 SF

    Bar and Grill Opportunity

    2667 HWY 70, Babbitt, MN 55731

    Bar and grill with outdoor seating on 3.22 acres.

    • High‑traffic location near Babbitt entrance, 20 miles from Ely
    • Includes a fully equipped kitchen with coolers, freezers, fryers, ovens, and more
    • Features a large dining room with a gas fieldstone fireplace and a horseshoe‑shaped bar with TVs
    • Offers outdoor seating and a deck area on 3.22 acres with city utilities
    • Close proximity to Birch Lake Beach & RV Campground (1 mile) and Babbitt Golf Course (less than 0.5 mile)
    Updated: Mar 27
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Babbitt, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Established Restaurant/Bar in Superior, WI
    $429,000
    1,890 SF

    Established Restaurant/Bar in Superior, WI

    Turnkey restaurant opportunity with seating for 60 in Superior.

    803 N 5th St, Superior, WI 54880
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    Prime Location Near University Campus
    $995,000
    3,800 SF

    Prime Location Near University Campus

    Turn-key restaurant or retail opportunity near a thriving university.

    403 Belknap St, Superior, WI
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    Turn-Key Restaurant Opportunity
    $795,000
    13,548 SF

    Turn-Key Restaurant Opportunity

    13,548 SF building suitable for various uses or redevelopment.

    5906 Old Miller Trunk Hwy, Duluth, MN
    View details
    Restaurant Building with Redevelopment Potential
    $795,000
    13,548 SF

    Restaurant Building with Redevelopment Potential

    13,548 SF building suitable for various uses or redevelopment.

    5906 Old Miller Trunk Hwy, Duluth, MN 55811
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Superior, WI Commercial Land
    $87,500
    0.34 Acres

    Superior, WI Commercial Land

    Commercial land with high visibility and traffic count.

    2802 E 2nd St, Superior, WI 54880
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    Commercial Lot on Highway 27
    $59,000

    Commercial Lot on Highway 27

    Prime commercial lot in Hayward, WI, high-visibility location.

    Lot, Hayward, WI 54843
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    Commercial Lot in Siren, WI
    $42,000
    0.44 Acres

    Commercial Lot in Siren, WI

    Prime .44-acre commercial lot ready for development in Siren, WI.

    Tbd 1st Avenue, Siren, WI 54872
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    Commercial Lot in Siren, WI
    $58,000
    0.98 Acres

    Commercial Lot in Siren, WI

    0.98-acre commercial lot ideal for development in Siren, WI.

    24175 1st Avenue, Siren, WI 54872
    View details

    Babbitt, MN Restaurants Investment Opportunities Market Analysis

    Explore 1 restaurants for sale in Babbitt, MN on our real estate platform. These investment opportunities span a total of 2,840 square feet of properties for sale, with an estimated market value of $225,000.

    Sale prices for restaurant properties in Babbitt, MN start at $225,000, averaging $225,000, and reaching up to $225,000 — 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

    Bars & Pubs 1

    Demographics Overview

    Population 1,827
    Population Growth (5Y) +13.3%
    Median Household Income $60,096
    College Educated 30.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Babbitt submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    Ely - 55731 $225K

    Taxes & Financing

    Tax Rate (average for all types) 2.18%
    Property Tax per SF $44.35 per sq ft
    Tax Rate vs County Average 0.41 pp below county avg
    Average Loan-to-Value 65.0%

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