Restaurants

Virginia, MN Restaurants for Sale

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Embarrass, MN Biwabik, MN Gilbert, MN Mountain Iron, MN Iron, MN Eveleth, MN Tower, MN Aurora, MN
Restaurant Building With Upstairs Space
Updated: Jul 28
Restaurant Building With Upstairs Space

201 S 3rd St., Virginia, MN 55792

$390,000
Restaurant building with equipment and fixtures included
Functional kitchen configured for food‑service operations
Upstairs apartment currently used for office space and a staff break room
Customer parking and convenient access
B1 zoning
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See what stands out in St. Louis County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Virginia, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Breakfast & Diner with Basement
Breakfast & Diner with Basement

114 N Main St, Aurora, MN 55705

$425,000
2,250 sqft

Established restaurant with substantial seating and lower-level cold storage for supplies.

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Historic Bar with Upstairs Apartment
Historic Bar with Upstairs Apartment

301 Grant Ave, Eveleth, MN 55734

$79,000
6,960 sqft

1906 commercial building combines a finished bar area with a two-bedroom upper-level apartment.

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Mixed-Use Property with Bar
Mixed-Use Property with Bar

304 Main Street N, Aurora, MN 55705

$149,900
0.07 AC lot

Commercial and residential space is arranged across two levels with on-street parking.

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Historic Bar With Apartment
Historic Bar With Apartment

301 Grant Ave, Eveleth, MN 55734

$79,000

Main-level bar space combines original architectural details with updated restrooms and additional storage capacity.

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Off-Market Properties in Virginia, MN

Consider similar Off-Market properties in Virginia, 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.

203 Chestnut St
BAR, TAVERN

203 Chestnut St, Virginia, MN 55792-2510

Estimated value:
$85,000
4,701 sqft
View details
205 Chestnut St
BAR, TAVERN

205 Chestnut St, Virginia, MN 55792-2510

Estimated value:
$260,000
2,000 sqft
View details

Virginia, MN Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Virginia, MN on our real estate platform.

Sale prices for restaurant properties in Virginia, MN average $390,000 — 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 9,848
Population Growth (5Y) +0.4%
Median Household Income $50,616
College Educated 13.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
55792 $420K

Taxes & Financing

Tax Rate (average for all types) 2.53%
Property Tax per SF $19.80 per SF
Tax Rate vs County Average 0.05 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)

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