Retail

Silver Bay, MN Retail Space for Sale

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Beaver Bay, MN Finland, MN Two Harbors, MN Isabella, MN Brimson, MN
Commercial Property with Storage Buildings
Updated: Jul 19
Commercial Property with Storage Buildings

83 Outer Dr, Silver Bay, MN 55614

$345,000
Commercial property with 4,000 SF in one building plus a 1,520 SF storage building
Includes a 240 SF garage and ample on‑site parking
Metal roof and steel frame construction
Heating includes forced air and propane heat; central air cooling
Over 1 acre of land with rock outcroppings/topography
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Based on your search, we've compiled 16 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 10 Off-Market properties to explore as potential leads, plus 1 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.

Retail/Commercial Property on Highway
Retail/Commercial Property on Highway

1329 Highway 61, Two Harbors, MN 55616

$524,900
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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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.

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Historic Downtown Retail Building
Historic Downtown Retail Building

145 E Chapman St, Ely, MN 55731

$275,000

Historic 1920s commercial building offers four leasing areas, including a main-floor front space leased through April 2027.

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

812 7th Ave, Two Harbors, MN 55616

$749,000
3,718 sqft

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

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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.

PUD-Zoned Commercial Land with Frontage
PUD-Zoned Commercial Land with Frontage

3229 State Road 207, Elkton, FL 32033

$1,599,000
2.07 AC lot

2.07-acre PUD-zoned parcel on State Hwy 207 with 360 feet of frontage and an on-site renovated 2012 home.

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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.

5715 Hwy 1st 1
RETAIL STORES (PERSONAL SERVICES)

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

Value Estimation by Request
1,680 sqft 4.00 AC lot
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101 Outer Dr
RETAIL STORES (PERSONAL SERVICES)

101 Outer Dr, Silver Bay, MN 55614-1119

Value Estimation by Request
1,260 sqft 0.51 AC lot
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99 Outer Dr
RETAIL STORES (PERSONAL SERVICES)

99 Outer Dr, Silver Bay, MN 55614-1132

Value Estimation by Request
3,780 sqft 0.52 AC lot
View details
27 Shopping Ctr
RETAIL STORES (PERSONAL SERVICES)

27 Shopping Ctr, Silver Bay, MN 55614

Value Estimation by Request
2,880 sqft 0.12 AC lot
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
1,647 sqft
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
2,880 sqft 0.16 AC lot
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
5,040 sqft 0.46 AC lot
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
7,936 sqft
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
906 sqft 0.02 AC lot
View details
Silver Bay, MN 55614
RETAIL STORES (PERSONAL SERVICES)

Silver Bay, MN 55614

Value Estimation by Request
2,718 sqft 0.04 AC lot
View details

Silver Bay, MN Retail Space Market Trends and Statistics

Explore 11 retail space for sale in Silver Bay, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $345,000.

Sale prices for retail space in Silver Bay, MN start at $345,000, averaging $345,000, and reaching up to $345,000 — 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 $349K

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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