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    Silver Bay, MN
    Retail

    Silver Bay, MN Retail Space for Sale

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    Finland, MN Schroeder, MN Two Harbors, MN Isabella, MN
    Mixed-Use Property with Storage Buildings
    Updated: Jul 19
    Mixed-Use Property with Storage Buildings

    83 Outer Dr, Silver Bay, MN 55614

    $275,000
    4,000 sq ft primary commercial building
    Separate 1,520 sq ft storage building
    240 sq foot garage
    Over 1 acre of land with rock outcroppings
    Ample parking on site
    View details
    Flex Space With Multiple Outbuildings
    Updated: Jul 20
    Flex Space With Multiple Outbuildings

    83 Outer Dr, Silver Bay, MN 55614

    $275,000
    4,000 sqft
    4,000‑square‑foot primary building with additional enclosed space
    Separate 1,520‑square‑foot storage building
    240‑square‑foot garage included
    More than 1 acre with varied topography and rock outcroppings
    Ample parking across the commercial site
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    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 16 Potential Opportunities for your consideration. Besides 2 Active listings in Silver Bay, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 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.

    Multi-Building Commercial Property
    Multi-Building Commercial Property

    429 E Sheridan St, Ely, MN 55731

    $219,000
    1,362 sqft

    Three updated buildings offer flexible space for retail or office use, plus a renovated guest house and workshop.

    View details
    Retail/Commercial Property on Highway
    Retail/Commercial Property on Highway

    1329 Highway 61, Two Harbors, MN 55616

    Contact for pricing
    4,800 sqft

    High-visibility retail space on Highway 61 with strong daily traffic and Lake Superior views in Two Harbors’ Highway Business District.

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    Historic Downtown Storefront Building
    Historic Downtown Storefront Building

    145 E Chapman St, Ely, MN 55731

    $275,000

    Corner commercial building with central air, a rubber roof, and multiple leasing areas.

    View details
    Mixed-Use Building with Duplex
    Mixed-Use Building with Duplex

    629 7th Avenue, Two Harbors, MN 55616

    Contact for pricing

    Corner property combines food, retail, and office uses with an included parking lot.

    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.

    5715 Hwy 1st 1
    RETAIL STORES (PERSONAL SERVICES)

    5715 Hwy 1st 1, Silver Bay, MN 55614-3610

    $300,000
    Estimated value
    1,680 sqft 4.00 AC lot
    View details
    101 Outer Dr
    RETAIL STORES (PERSONAL SERVICES)

    101 Outer Dr, Silver Bay, MN 55614-1119

    $215,000
    Estimated value
    1,260 sqft 0.51 AC lot
    View details
    99 Outer Dr
    RETAIL STORES (PERSONAL SERVICES)

    99 Outer Dr, Silver Bay, MN 55614-1132

    $235,000
    Estimated value
    3,780 sqft 0.52 AC lot
    View details
    27 Shopping Ctr
    RETAIL STORES (PERSONAL SERVICES)

    27 Shopping Ctr, Silver Bay, MN 55614

    $235,000
    Estimated value
    2,880 sqft 0.12 AC lot
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $145,000
    Estimated value
    1,647 sqft
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $235,000
    Estimated value
    2,880 sqft 0.16 AC lot
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $440,000
    Estimated value
    5,040 sqft 0.46 AC lot
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $280,000
    Estimated value
    7,936 sqft
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $130,000
    Estimated value
    906 sqft 0.02 AC lot
    View details
    Silver Bay, MN 55614
    RETAIL STORES (PERSONAL SERVICES)

    Silver Bay, MN 55614

    $190,000
    Estimated value
    2,718 sqft 0.04 AC lot
    View details

    Silver Bay, MN Retail Space Market Trends and Statistics

    Explore 12 retail space for sale in Silver Bay, MN on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for retail space in Silver Bay, MN average $275,000 — 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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    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 $275K

    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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