Restaurants

Silver Bay, MN Restaurants for Sale

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Finland, MN Schroeder, MN Two Harbors, MN
Mixed-Use Restaurant Building
Updated: Sep 10
Mixed-Use Restaurant Building

96 Outer Dr, Silver Bay, MN 55614

$249,000
2,516 sqft
Restaurant‑oriented main level with commercial kitchen setup
Pizza equipment included
Freezer compressor installed in 2025
Two upstairs rooms with an existing 3/4 bath
Upper level may support a two‑bedroom micro‑hotel, short‑term rental suite, or apartment with approvals
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Turnkey Conventional Restaurant
Turnkey Conventional Restaurant

312 Westover Rd, Hoyt Lakes, MN 55750

$299,900
1,800 sqft

Operating restaurant positioned along regional ATV and snowmobile trail traffic.

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Operational Restaurant Near Trail Routes
Operational Restaurant Near Trail Routes

312 Westover Rd, Hoyt Lakes, MN 55750

$299,900

Established dining business with seasonal customer traffic from regional ATV and snowmobile trails.

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Two Harbors Turn-Key Restaurant Opportunity
Two Harbors Turn-Key Restaurant Opportunity

812 7th Ave, Two Harbors, MN 55616

Contact for pricing
3,718 sqft

Turn-key restaurant with retail building and outdoor seating available forpurchase.

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Turn-Key Restaurant with Patio
Turn-Key Restaurant with Patio

812 7th Ave, Two Harbors, MN 55616

Contact for pricing
3,475 sqft

Turn-key restaurant includes indoor dining and an outdoor seating patio, with an adjacent leased retail building.

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Off-Market Properties in Silver Bay, MN

Consider similar Off-Market properties in Silver Bay, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

96 Outer Dr
RESTAURANT

96 Outer Dr, Silver Bay, MN 55614-1120

Estimated value:
$235,000
1,000 sqft
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Silver Bay, MN Restaurants Market Trends and Statistics

Explore 2 restaurants for sale in Silver Bay, MN on our real estate platform. These investment opportunities span a total of 2,516 square feet of properties for sale, with an estimated market value of $249,000.

Sale prices for restaurant properties in Silver Bay, MN average $249,000 — 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

Conventional restaurants 1

Demographics Overview

Population 2,450
Population Growth (5Y) +5.3%
Median Household Income $74,313
College Educated 28.3%

Taxes & Financing

Tax Rate (average for all types) 1.45%
Property Tax per SF $22.41 per SF
Tax Rate vs County Average 0.49 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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