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
Super cute gift shop with garden center, show floor with some of the best cards you will find on the shore, clothes loft upstairs with the latest fashions. A little bit of everything in this store! Residential 2-bedroom home comes with! Great layout with brick fireplace up and down, secluded back yard with small creek! Great opportunity to buy a business and a home.
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!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Andrea D. Conner, License # 40471694, Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

2026 Copyright 2026 Lake Superior Area REALTORS® Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Lake Superior Area REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision.
Silver Bay is located in Minnesota. Silver Bay, Minnesota has a population of 1,603. Silver Bay is more family-centric than the surrounding county with 26.22% of the households containing married families with children. The county average for households married with children is 25.72%.
The median household income in Silver Bay, Minnesota is $61,544. The median household income for the surrounding county is $66,828 compared to the national median of $69,021. The median age of people living in Silver Bay is 47.8 years.
The average high temperature in July is 76.1 degrees, with an average low temperature in January of 1.2 degrees. The average rainfall is approximately 31.7 inches per year, with 74 inches of snow per year.