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    Eveleth, MN Restaurants for Sale

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    Virginia, MN Iron, MN Mountain Iron, MN
    Eveleth Commercial Opportunity For Sale
    $299,500
    9,457 SF

    Eveleth Commercial Opportunity For Sale

    223 Grant Avenue, Eveleth, MN 55734

    Commercial building with restaurant, bar, banquet facilities, and apartments.

    • Opportunity to own and operate a catering/restaurant/bar & banquet facility.
    • Includes two upstairs apartments for additional income.
    • Well‑maintained building with brick and stone construction.
    • Main street location.
    • Experienced owner will train new owner.
    Updated: Feb 9
    View details
    Historic Iron Range Gem
    $79,000
    6,960 SF

    Historic Iron Range Gem

    301 Grant Ave, Eveleth, MN 55734

    1906 classic with bar and apartment in Eveleth, MN.

    • Thriving bar business opportunity with a fully equipped space including a black ash bar counter seating 30+ and remodeled bathrooms.
    • Prime downtown location in Eveleth, MN.
    • Historic 1906 building with authentic charm and character, including original tin ceiling and natural brick walls.
    • Spacious 3,200 sq ft per floor.
    • Upstairs 2 BR apartment with potential for loft conversion, rental income, or expansion.
    Updated: Apr 7
    View details
    Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Eveleth, MN, we suggest exploring several alternatives:

    Eveleth, MN Restaurants Investment Opportunities Market Analysis

    Explore 2 restaurants for sale in Eveleth, MN on our real estate platform. These investment opportunities span a total of 16,417 square feet of properties for sale, with an estimated market value of $378,500.

    Sale prices for restaurant properties in Eveleth, MN start at $79,000, averaging $189,250, and reaching up to $299,500 — 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 6,332
    Population Growth (5Y) +5.7%
    Median Household Income $65,750
    College Educated 34.9%

    High-Yield Neighborhoods for Strategic Investment

    Identify Eveleth submarkets with the highest inventory density on the market and evaluate the median 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 sq ft
    Tax Rate vs County Average 0.41 pp below county avg
    Average Loan-to-Value 65.0%

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