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Silver Bay, MN 55614

$345,000

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https://www.tourfactory.com/idxr3228904

Property Type: Commercial Baths: 1 Square Footage: 4,000 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $345,000 List Date: 10/23/2025 Last Modified: 7/19/2026

Overview

Description

Wide variety of commercial usages here, including retail, services or office use! 4,000 sq ft of space in one building, 240 sq foot garage, and another 1520 sq ft storage building and AMPLE parking. Situated in the central business area of Silver Bay just off of Hwy 61 this is a great location with many things to offer! Sitting on over 1 acre of land with great topography including rock outcroppings. This is the commercial corridor for downtown Silver Bay. And, priced below it's appraisal value!

Listing Details MLS# 6806958

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Waterfront YN: No
Year Built: 1955
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4000
Garage Stalls: 2
Power Company: Arrowhead Electric
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 360 x 160
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Basement: None CMU Style: Business Opportunity; Office; Retail/Shopping Center Construction Materials: Frame Construction Status: Previously Owned Current Use: Business Service; Industrial Exterior: Metal Foundation: Slab Fuel: Propane Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Industrial Park On Site Utilities: Electric Common Overhead Door Clearance: 10-14 Feet Potential Use: Office; Retail Road Frontage: City Street; County Road Roof: Metal Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 345000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Silver Bay
County: Lake
State: MN
Zip Code: 55614
Complex/Dev/Subdivision: Silver Bay 04 Div

Assessments

Tax With Assessments: 5704
Assessment Balance: 0

Building Information

Building Finished SqFt: 4000
Building SqFt: 4000

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 13
Garage Square Feet: 240

Sale Options

Sale Includes: Building, Land

Unit 1

Unit Number: Warehouse
Half Baths: Yes
Total Bathrooms: Yes
Level: Main Level
Unit Total SqFt: 4000
Leased?: No

Unit 2

Leased?: No
Level: Main Level
Total Rooms: Yes
Unit Number: Yes

Unit 3

Leased?: No
Level: Main Level
Total Rooms: 2
Unit Number: 2

Unit Details

Total Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: THAT PART OF LOT 17 AS DESC IN CERT OF
Listing City: Silver Bay
Map Page: 999
Municipality: Silver Bay
School District: Lake Superior
School District Phone: 218-834-8216
Zip Plus 4: 9690
Property ID Number: 22747010173
Tax Year: 2025
Tax Amount: 5704
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Wide variety of commercial usages here, including retail, services or office use! 4,000 sq ft of space in one building, 240 sq foot garage, and another 1520 sq ft storage building and AMPLE parking. Situated in the central business area of Silver Bay just off of Hwy 61 this is a great location with many things to offer! Sitting on over 1 acre of land with great topography including rock outcroppings. This is the commercial corridor for downtown Silver Bay. And, priced below it's appraisal value!
Directions: Hwy 61 North to Outer Dr to address on left side

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Basement

None: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Metal: Yes

Foundation

Slab: Yes

Fuel

Propane: Yes

Heating

Forced Air: Yes

Public Survey Info

Range#: No
Section#: No
Township#: No

Road Frontage

City Street: Yes
County Road: Yes

Roof

Metal: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

None: Yes

No. of Refrigerators

None: Yes

On Site Utilities

Electric Common: Yes

CMU Style

Business Opportunity: Yes
Office: Yes
Retail/Shopping Center: Yes

Current Use

Business Service: Yes
Industrial: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Industrial Park: Yes

Overhead Door Clearance

10-14 Feet: Yes

Potential Use

Office: Yes
Retail: Yes

Listing Office: Z'Up North Realty, Inc.

Last Updated: July - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.