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Eveleth, MN Restaurants for Sale

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Eveleth Commercial Property For Sale
Updated: Feb 9
Eveleth Commercial Property For Sale

223 Grant Avenue, Eveleth, MN 55734

$299,500
Wood frame building built in 1910 with a rubber roof
Main street location with catering/restaurant/bar & banquet facility setup
Includes 2 upstairs apartments for additional income
Central air cooling
Heating includes forced air with natural gas and hot water heating
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Historic Bar and Apartment Building
Updated: Apr 7
Historic Bar and Apartment Building

301 Grant Ave, Eveleth, MN 55734

$79,000
3,200 sqft
Historic Grant Ave property in Eveleth, MN with 3,200 sq ft per floor (2 floors).
Main floor features a thriving bar with 100‑year‑old redone maple floors and a black ash bar counter seating 30+.
Main floor includes natural brick walls, refurbished original tin ceiling, storeroom, and wide‑open basement for storage or events.
Remodeled men’s and women’s bathrooms on the main floor.
Upstairs 2 BR apartment provides additional living or income space.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Eveleth, 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.

Historic Schoolhouse Multi-Use Building
Historic Schoolhouse Multi-Use Building

7596 Werner Rd, Virginia, MN 55792

$400,000
4,673 sqft · 1.37 AC lot

Restored, handicap-accessible multi-use building with ample parking and off-street spaces on a private 1.37-acre lot.

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Commercial Live-Work Property
Commercial Live-Work Property

1800 9th Ave N, Virginia, MN 55792

$129,000

For sale at 1800 9th Ave N with an upper two-bedroom, one-bath apartment for on-site business use.

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Turnkey Coffee & Wine Bar Building
Turnkey Coffee & Wine Bar Building

2 W Sheridan St, Ely, MN 55731

$979,000
4,350 sqft

Turnkey operation with a roasting room, commercial kitchen, and two 1-bedroom units above the storefront.

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Mixed-Use Building in Downtown Ely
Mixed-Use Building in Downtown Ely

216 E Sheridan St, Ely, MN

$390,000
8,078 sqft · 0.14 AC lot

Two-story building with restaurant and four apartments in Ely.

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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.

Commercial Land with Three-Side Access
Commercial Land with Three-Side Access

2802 E 2nd St, Superior, WI 54880

$87,500
0.34 AC lot

Level commercial lot zoned C2, with access on three sides and strong traffic visibility for retail or service development.

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Commercial Lot in Minong, WI
Commercial Lot in Minong, WI

317 W 5th Avenue, Minong, WI 54859

Contact for pricing
0.11 AC lot

Commercial lot in high-traffic area with available utilities.

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Baxter, MN Commercial Land
Baxter, MN Commercial Land

Excelsior Road, Baxter, MN 56425

$249,900
1.71 AC lot

Commercial land with high visibility and access in Baxter, MN.

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Highway 27 Commercial Lot
Highway 27 Commercial Lot

Highway 27 lot: #1, Hayward, WI 54843

$59,000
0.47 AC lot

Commercial lot on Highway 27 in Hayward, Wisconsin.

View details

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 3,200 square feet of properties for sale, with an estimated market value of $79,000.

Sale prices for restaurant properties in Eveleth, MN start at $79,000, averaging $79,000, and reaching up to $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 1

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 $189.3K

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

Retail

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