501 N Broadway, Gilbert, MN

$450,000

4,550

Square feet

About 501 N Broadway

A Gilbert landmark is ready for its next chapter! Located on the highly visible corner of Highway 135 and Broadway, this well established commercial property has been home to a successful local restaurant for many years. With excellent exposure, ample parking, and a prime location, opportunities like this are rare. Built in 2006, the upper level features the restaurant space with a dining area, separate bar, commercial kitchen, and restrooms. The lower level offers a former living area, office, walk-in freezer, abundant storage, and additional flexible space. Whether you're looking to continue a restaurant operation or transform the property for a new purpose, the possibilities are endless. Retail, office, community space, church, event venue, or another business venture, the versatile layout can accommodate a wide range of uses. With its prominent corner location, outstanding visibility, and flexible floor plan, this property is ready for its next owner to bring their vision to life!

Features of 501 N Broadway

MLS® # 150049
Price $450,000
Square Footage 4,550
Year Built 2006
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 501 N Broadway
Area Eveleth/Gilbert/McKinley
City Gilbert
State MN
Zip Code 55741

Amenities

Utilities City Sewer, City Water, Electric
Is Waterfront No
Waterfront 0 - None

Interior

Heating Gas
Cooling Central Air
Has Basement No
Basement Full

Exterior

Exterior Wood
Roof Asphalt
Construction Wood Frame

Additional Information

Date Listed June 1st, 2026
Zoning Comm
Agent Jessica Mesich
Office Culbert Realty

Listing Details

OfficeCulbert Realty

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