Silver Bay, MN 55614

New Listing
$430,000
Property Type: Commercial Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $430,000 List Date: 6/19/2026 Last Modified: 6/19/2026

Overview

Description

Surrounded by breathtaking beauty, a unique opportunity awaits to own a versatile piece of commercially zoned real estate along Lake Superior’s North Shore in Beaver Bay. Tucked just inland from the shoreline, it features a solid home ready for thoughtful updates, a two-stall garage, an additional slab awaiting a new home or outbuilding, two septics and two wells, and a large pole barn perfect for storage, a workshop, or creative ventures. Whether you envision a comfortable year-round residence, a peaceful weekend escape, an income-producing rental, or other business venture, this property provides a strong foundation to bring your vision to life. Located in one of Minnesota’s most desirable regions, this property provides convenient access to pristine state parks such as Gooseberry Falls and Split Rock Lighthouse, as well as the renowned Superior Hiking Trail. Just steps away, the charming local shops and unique character of Beaver Bay add to the area’s appeal. No matter what yo ...

Listing Details MLS# 7096064

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Waterfront YN
No
Year Built
1948
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Single Family
Foundation Size
2208
Garage Stalls
2
For Sale or Lease
For Sale
Acres
0.23
Lot Dimensions
4.43
Assessment Pending
No
Other Parking Spaces
0

Property Features

Accessible: None CMU Style: Other Construction Status: Previously Owned Current Use: Residential Exterior: Block; Wood Foundation: Concrete Block Fuel: Propane Heating: Forced Air On Site Utilities: Electric Common Sewer: Mound Septic Stories: Two Water: Drilled; Shared System

Contract Information

Contingency
None
ListPrice
430000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

Postal City
Silver Bay
County
Lake
State
MN
Zip Code
55614

Additional Parcels Information

Property ID #2
26550707310

Assessments

Tax With Assessments
1796
Assessment Balance
0

More Information

Basement

Foundation Dimensions
30 x 38

Building Information

Building Finished SqFt
2208

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24 x 24
Garage Square Feet
576

Public Survey Info

Range#
07
Section#
7
Township#
55

Sale Options

Sale Includes
Building, Land

Unit Details

Total Units
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
E 100FT OF W 185.5FT OF S 100FT OF N
Listing City
Silver Bay
Map Page
999
Municipality
Beaver Bay Twp
School District
Lake Superior
School District Phone
218-834-8216
Zip Plus 4
1336
Property ID Number
26550707350
Tax Year
2025
Tax Amount
1796
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Surrounded by breathtaking beauty, a unique opportunity awaits to own a versatile piece of commercially zoned real estate along Lake Superior’s North Shore in Beaver Bay. Tucked just inland from the shoreline, it features a solid home ready for thoughtful updates, a two-stall garage, an additional slab awaiting a new home or outbuilding, two septics and two wells, and a large pole barn perfect for storage, a workshop, or creative ventures. Whether you envision a comfortable year-round residence, a peaceful weekend escape, an income-producing rental, or other business venture, this property provides a strong foundation to bring your vision to life. Located in one of Minnesota’s most desirable regions, this property provides convenient access to pristine state parks such as Gooseberry Falls and Split Rock Lighthouse, as well as the renowned Superior Hiking Trail. Just steps away, the charming local shops and unique character of Beaver Bay add to the area’s appeal. No matter what your vision is, you will discover an excellent opportunity to embrace
Directions
Hwy 61 to 4892 Hwy 61 N turn right to home on left.

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Block
Yes
Wood
Yes

Foundation

Concrete Block
Yes

Fuel

Propane
Yes

Heating

Forced Air
Yes

Sewer

Mound Septic
Yes

Stories

Two
Yes

Water

Drilled
Yes
Shared System
Yes

On Site Utilities

Electric Common
Yes

CMU Style

Other
Yes

Current Use

Residential
Yes
IDX
Listing Office: Adolphson Real Estate, Inc
Last Updated: June - 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.