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    Virginia, MN Restaurants for Sale

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    Embarrass, MN Biwabik, MN Gilbert, MN Aurora, MN Mountain Iron, MN Iron, MN Tower, MN Eveleth, MN
    Historic Multi-Use Restaurant Facility
    Updated: May 29
    Historic Multi-Use Restaurant Facility

    7596 Werner Rd, Virginia, MN 55792

    $400,000
    4,673 sqft 1.37 AC lot
    Built in 1910 with restored historic schoolhouse/town hall character, including refinished hardwood floors, vaulted ceilings, and abundant natural light
    Zoned for multi‑use, offering flexibility for a range of ventures such as restaurant, brewery, convenience store, gas station, manufacturing, or event venue
    Spacious 2,200 sq. ft. basement described as spotless and functional for business operations, storage, or workshop space
    Recent updates include a new roof (2024), new well pump, new pressure tank, and three 200‑AMP electrical panels
    High‑speed fiber optic internet and forced‑air heating; roof type: shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    7596 Werner Rd, Virginia, MN 55792

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $264K
      Suggested

    • Property Type

      Single Family Residence
      Built 1940
    View Property Analytics
    Turnkey Restaurant with Upstairs Office
    Updated: Jul 28
    Turnkey Restaurant with Upstairs Office

    201 S 3rd St., Virginia, MN 55792

    $420,000
    Turnkey Dave's Pizza restaurant sale includes the building, equipment, and fixtures
    Wood‑frame building with shingle roof and steam heating; built in 1965
    Functional kitchen and established restaurant layout designed for daily operations
    Upstairs apartment currently used as office space and staff break room, with residential potential
    Includes customer parking and is positioned for strong exposure and convenient access
    View details
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 2 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, 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.

    Turn-Key Family Restaurant
    Turn-Key Family Restaurant

    114 N Main Street, Aurora, MN 55705

    $425,000
    2,250 sqft

    Turn-key restaurant includes main dining space and a basement with a walk-in cooler and freezer for storage.

    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
    Established Restaurant in Aurora, MN
    Established Restaurant in Aurora, MN

    114 N Main St, Aurora, MN 55705

    $425,000

    Turn-key restaurant opportunity in the heart of Aurora, Minnesota.

    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
    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
    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

    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

    Value Estimation by Request
    4,701 sqft
    View details
    205 Chestnut St
    BAR, TAVERN

    205 Chestnut St, Virginia, MN 55792-2510

    Value Estimation by Request
    2,000 sqft
    View details

    Virginia, MN Restaurants Market Trends and Statistics

    Explore 4 restaurants for sale in Virginia, MN on our real estate platform. These investment opportunities span a total of 4,673 square feet of properties for sale, with an estimated market value of $820,000.

    Sale prices for restaurant properties in Virginia, MN start at $400,000, averaging $410,000, and reaching up to $420,000 — 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 2

    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 $264.5K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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