42 Outer Drive

Silver Bay, MN 55614

$290,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime lot on Highway 61, Silver Bay. Gateway entrance into Silver Bay. Iconic Visitor Center/Food Court/Retail development location - This has favor with the City of Silver Bay. Other ideas that relate to a "Gateway" into Silver Bay project might work too. We have examples to share. Possible 4,000 sq ft footprint with another 2,000 sq ft footprint possible on top of cliff. More with multi-levels. sewer/water on site - This is a development opportunity. Looking for investors/developers Possible funding...Prime lot on Highway 61, Silver Bay. Gateway entrance into Silver Bay. Iconic Visitor Center/Food Court/Retail development location - This has favor with the City of Silver Bay. Other ideas that relate to a "Gateway" into Silver Bay project might work too. We have examples to share. Possible 4,000 sq ft footprint with another 2,000 sq ft footprint possible on top of cliff. More with multi-levels. sewer/water on site - This is a development opportunity. Looking for investors/developers Possible funding opportunities/grants, etc., available for this project.
  1. Listed by Phil Huston • Belay Realty

Property Details for 42 Outer Drive

Area
LSAR
Geo Subdivision
MN
Waterfront
No
Zoning (WI)
Business/Commercial
LISTING UPDATED: 07/17/2024 11:57 PM

Property Details for 42 Outer Drive

StatusActive
MLS #6113185
Days on Compass212
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeLOT/LAND / Commercial
Year Built-
Lot Size0.50 AC / 21,780 SF
CountyLake County

Building Information for 42 Outer Drive

Stories-Residences-Year Built-Lot Size0.50 AC / 21,780 SF

Property Information for 42 Outer Drive

Summary
Location and General Information
  • City: Silver Bay
  • State: MN
  • County: Lake County
  • Directions: Located on Highway 61 at the traffic light turning into Silver Bay. Corner lot with exposed cliff wall. Hwy 61 and Outer Drive (county road 5/11). Enter via the North Shore Adventure Park. Quick turn into property. Park near shed.
  • Road Frontage: Paved, Sidewalk, Street Lights, Storm Sewer, County, Highway, State, Township
  • Road Maintenance: Public, Year Round
  • Township Number: 56
  • View: Lake Superior, Panoramic
  • Zip: 55614-9999
Taxes and HOA Information
  • Association Fee: No
  • Tax Year: 2025
  • Tax Amount: $.00
Parking
  • Parking/Driveway: Driveway - Asphalt, Driveway - Gravel, Off Street, Street
School Information
  • School District: Lake Superior #381
Property
Property and Assessments
  • Builder Restrictions: Limited
  • Class: LOT/LAND
  • Classification (MN): Commercial
  • Development: Yes
  • Development Status: Raw Land, Site Plan Filed
  • Disclosures/Docs: Environment Test, Hazardous Waste, Survey, Platted, Soil Test, Easements
  • Plat Recorded: Yes
  • Possession: Negotiable
  • Restrictions to these Builders: We can share concepts that the City would possibly approve. Gateway Project - Visitor Center and Retail outlets. Best concept.
  • Sub Type: Commercial
  • Terms: Cash, Contract for Deed
Lot Information
  • Approx Lot Dimension: irregular
  • Approx Number of Acres: 0.5
  • Approx Wooded Acres: 0.2
  • Land Improvements: Yes
  • Lot Description: Corner Lot, Irregular Lot, Landscaped, Tree Coverage - Light, Level
Utilities
  • Available Utilities: Cable TV, City Water, City Sewer, Electric, Natural Gas, Telephone, City Garbage
  • On Site Utilities: City Water, City Sewer
Interior and Exterior Features
Exterior Features
  • Restrictions/Covenants: Easements, Other Bldg Restrictions
Multi Family
Multi-Family Information
  • Planned Unit Development: No

Property History for 42 Outer Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 42 Outer Drive

Taxable ValueLand$28,800Additions$2,500Total$31,300
Tax Record2023$660 ($55 / month)
Home Facts
Lot Size16,553 SqFtStyleMiscellaneous CommercialCountyLAKEAPN22-7401-32380Fireplace TypeHas Fireplace

Schools near 42 Outer Drive

This home is within Lake Superior Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Public - 7 to 12
Rating
School
Distance
William Kelley Elementary School
PublicPK to 6

Kelley Secondary
Public7 to 12

S.O.L.O. Alternative Program
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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42 Outer Drive is for sale in Silver Bay, MN 55614. This property was listed for sale on April 17, 2024 by Belay Realty, it's currently listed at $290,000. This listing's school district is Lake Superior Public School Dist.. Nearby schools include William Kelley Elementary School, Kelley Secondary and S.O.L.O. Alternative Program. 42 Outer Drive is a 0-bed, 0-bath, .

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Belay Realty

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 07/17/2024 11:57 PM