Restaurants

Silver Bay, MN Restaurants for Sale

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Beaver Bay, MN Finland, 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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1 active listing matches your search: Restaurant for sale in Silver Bay, MN. Based on your search, we've also compiled 5 Potential Opportunities for your consideration: 4 properties in nearby cities and 1 off-market property to explore as potential leads.

Opportunities in Nearby Cities

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

Historic Bar with Game Room
Historic Bar with Game Room

10 W Bayfield St, Washburn, WI 54891

$225,000

Established hospitality property with multiple coolers, outdoor space, and a dedicated gaming area.

View details
Updated Tavern with Outdoor Deck
Updated Tavern with Outdoor Deck

308 W Bayfield St, Washburn, WI 54891

$229,900

Well-established tavern/pup building includes an open commercial-grade kitchen and a covered back deck for outdoor service.

View details
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.

View details

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
View details

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%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55614 $249K

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%

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