Restaurants

Eveleth, MN Restaurants for Sale

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Historic Bar with Second-Story Apartment
Updated: Apr 7
Historic Bar with Second-Story Apartment

301 Grant Ave, Eveleth, MN 55734

$79,000
3,200 sq ft per floor
Bar counter seats 30+ easily
Main floor includes remodeled men’s and women’s bathrooms and storeroom
Wide‑open basement for extra storage or events
Upstairs 2 BR apartment ready for renovation or use
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Historic Bar and Apartment Building
Updated: Jan 20
Historic Bar and Apartment Building

301 Grant Avenue, Eveleth, MN 55734

$79,000
6,960 sqft
Built in 1906 and described as a historic Grant Ave property in Eveleth, MN
3,200 sq ft per floor with a main‑floor bar layout featuring natural brick walls and refurbished original tin ceiling
Main bar area includes redone maple floors and a black ash bar counter seating 30+
Main level has fully remodeled men’s and women’s bathrooms plus a storeroom and wide‑open basement
Upstairs offers a 2‑bedroom apartment with additional wide‑open basement space
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Eveleth, 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.

Turn-Key Family Restaurant
Turn-Key Family Restaurant

114 N Main Street, Aurora, MN 55705

$425,000
2,250 sqft

Turn-key restaurant includes main dining space and a basement with a walk-in cooler and freezer for storage.

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Turnkey Restaurant with Upstairs Apartment
Turnkey Restaurant with Upstairs Apartment

201 S 3rd St., Virginia, MN 55792

$420,000

Turnkey restaurant property in B1 zoning with steam heat, shingle roof, and an upstairs apartment used as office and break room.

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Restaurant with Main Floor and Basement
Restaurant with Main Floor and Basement

114 N Main St, Aurora, MN 55705

$425,000

Restaurant with 2,250 SF main floor and 1,500 SF basement featuring a walk-in cooler and freezer, zoned C-1.

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New Multi-Tenant Retail Center
New Multi-Tenant Retail Center

1462 S 12th Avenue West, Virginia, MN 55792

Contact for pricing

Newly constructed shopping center with national credit tenants including Caribou Coffee and Verizon, plus one available space.

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Eveleth, MN Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Eveleth, MN on our real estate platform. These investment opportunities span a total of 6,960 square feet of properties for sale, with an estimated market value of $158,000.

Sale prices for restaurant properties in Eveleth, MN average $79,000 — 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

Bars & Pubs 2

Demographics Overview

Population 6,332
Population Growth (5Y) +5.7%
Median Household Income $65,750
College Educated 34.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55734 $152.5K

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $32.78 per SF
Tax Rate vs County Average 0.41 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Louis County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Louis County

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