For Sale: Silver Bay MLS# 6806958












































                        Active
                                            
                    
                    
                        $375,000
                    
                    
                                        
                    
                    
                    
                    Commercial:  1 Story
                    Built 1955
                    0.18 acres
                    Lake Superior schools
                    
                    
                        MLS# 6806958                    
                    
                    
                                        
                
    Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property 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
                                                                    Listing Status:
                                                                    Active
                            
                                                        
                                                                    Contingency:
                                                                    None
                            
                                                        
                                                                    List Price:
                                                                    $375,000
                            
                                                        
                                                                    Property Type:
                                                                    Commercial
                            
                                                        
                                                                    City:
                                                                    Silver Bay
                            
                                                        
                                                                    Garage Spaces:
                                                                    2
                            
                                                        
                                                                    County:
                                                                    Lake
                            
                                                        
                                                                    Year Built:
                                                                    1955
                            
                                                        
                                                                    State:
                                                                    MN
                            
                                                        
                                                                    Property Style:
                                                                    1 Story
                            
                                                        
                                                                    Zip Code:
                                                                    55614
                            
                                                        
                                                                    Subdivision Name:
                                                                    Silver Bay 04 Div
                            
                                            Interior
                                                                    Ranges:
                                                                    None
                            
                                                        
                                                                    Refrigerators:
                                                                    None
                            
                                                        
                                                                    Basement Details:
                                                                    None
                            
                                            Exterior
                                                                    Stories:
                                                                    One
                            
                                                        
                                                                    Garage Spaces:
                                                                    2
                            
                                                        
                                                                    Garage Size:
                                                                    240 ft2
                            
                                                        
                                                                    Garage Door Height:
                                                                    13
                            
                                                        
                                                                    Other Parking Spaces:
                                                                    10
                            
                                                        
                                                                    Air Conditioning:
                                                                    Central Air
                            
                                                        
                                                                    Foundation Size:
                                                                    4,000 ft2
                            
                                                        
                                                                    Handicap Accessible:
                                                                    None
                            
                                                        
                                                                    Heating System:
                                                                    Forced Air
                            
                                                        
                                                                    Parking Features:
                                                                    Detached
                            
                                                        
                                                                    Road Frontage:
                                                                    
                                                        - City Street
 - County Road
 
                                                                    Exterior Material:
                                                                    Metal Siding
                            
                                                        
                                                                    Roof Details:
                                                                    Metal
                            
                                            Lot & Land
                                                                    Acres:
                                                                    0.18
                            
                                                        
                                                                    Geolocation:
                                                                    47.294279,  -91.267749
                            
                                                        
                                                                    Inclusions:
                                                                    Building, Land
                            
                                                        
                                                                    Lot Dimensions:
                                                                    360  x  160
                            
                                                        
                                                                    Zoning:
                                                                    Business/Commercial
                            
                                            Schools
                                                                    School District:
                                                                    381
                            
                                                        
                                                                    District Phone:
                                                                    218-834-8216
                            
                                            
                                Financial & Taxes
                                                                    Tax Year:
                                                                    2025
                            
                                                        
                                                                    Annual Taxes:
                                                                    $5,704
                            
                                                        
                                                                    Lender-owned:
                                                                    No
                            
                                                        
                                                                    Assessment Pending:
                                                                    No
                            
                                                        
                                                                    Taxes w/ Assessments:
                                                                    $5,704
                            
                                            Units
                                                                    Total Units:
                                                                    3
                            
                                            Miscellaneous
                                                                    Current Use:
                                                                    
                                                        - Industrial
 - Professional/Office
 
                                                                    Fuel System:
                                                                    Propane
                            
                                                        
                                                                    Owner Occupied:
                                                                    No
                            
                                                        
                                                                    Sewer System:
                                                                    City Sewer/Connected
                            
                                                        
                                                                    Available Utilities:
                                                                    Electric Common
                            
                                                        
                                                                    Water System:
                                                                    City Water/Connected
                            
                                            Mortgage Calculator
        Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
        the price of the home, your down payment and loan term. Property taxes are based on the last
        known value for this property or 0.012 of property
        price when data is unavailable. Your interest rate and insurance rates will vary based on
        credit score, loan type, etc.
    
    
    
    
            This amortization schedule shows how much of your monthly payment will go towards the principle and how
            much will go towards the interest.
        
        | Month | Principal | Interest | P&I | Balance | 
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance | 
Local Home Mortgage Professionals
                        Listing provided by RMLS,
                            courtesy of Z'Up North Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
                Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.


        