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    Restaurant Building with Commercial Kitchen
    Updated: Jun 1
    Restaurant Building with Commercial Kitchen

    501 N Broadway, Gilbert, MN 55741

    $450,000
    Commercial property built in 2006 with wood frame construction, asphalt roof, and natural gas heating
    Upper level includes restaurant space with dining area, separate bar, commercial kitchen, and restrooms
    Lower level features a former living area, office, walk‑in freezer, abundant storage, and additional flexible space
    Corner location on Highway 135 and Broadway with ample parking
    Central air cooling
    View details
    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Gilbert, 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 Multi-Use Restaurant Facility
    Historic Multi-Use Restaurant Facility

    7596 Werner Rd, Virginia, MN 55792

    $400,000
    4,673 sqft 1.37 AC lot

    Historic schoolhouse-turned-town hall with refinished interiors, handicap access, and off-street parking on 1.37 acres.

    View details
    Turnkey Restaurant with Upstairs Office
    Turnkey Restaurant with Upstairs Office

    201 S 3rd St., Virginia, MN 55792

    $420,000

    Turnkey restaurant sale includes building, equipment, fixtures, plus an upstairs unit currently used as office and break room.

    View details
    Historic Bar and Apartment Building
    Historic Bar and Apartment Building

    301 Grant Avenue, Eveleth, MN 55734

    $79,000
    6,960 sqft

    Bar with refurbished tin ceiling and maple floors, plus an upstairs 2-bedroom apartment with wide-open basement space.

    View details
    Historic Bar and Apartment Building
    Historic Bar and Apartment Building

    301 Grant Ave, Eveleth, MN 55734

    $79,000

    Historic Iron Range building with bar and apartment in Eveleth.

    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.

    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.

    View details
    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
    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.

    View details

    Gilbert, MN Restaurants Market Trends and Statistics

    Explore 1 restaurants for sale in Gilbert, MN on our real estate platform.

    Sale prices for restaurant properties in Gilbert, MN average $450,000 — 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
    Conventional restaurants 1

    Demographics Overview

    Population 2,933
    Population Growth (5Y) -17.6%
    Median Household Income $66,528
    College Educated 22.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    55741 $79.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.90%
    Property Tax per SF $14.39 per SF
    Tax Rate vs County Average 0.69 pp below county avg
    Average Loan-to-Value 65.0%

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