Ely MN Commercial for Sale

Sort Results:
1–4 of 4 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1963
Baths:
MLS#:
6116995

ADDITIONAL INFORMATION

Commercial building in downtown Ely. Two levels for a total of 6,900 square feet with each level having 3,450 square feet. The main level features 2 private rooms with tile floors, a huge open space with tile flooring, and 2 bathrooms. There is a utility room with the furnace and electrical system plus 2 overhead garage doors that can be redone to access the main level from the back of the building. The second level has most recently been a billiard hall and has a large open room, a second room with a stage, kitchen and 2 bathrooms. There is also a private room that could be an office. There is a deck/patio area at the back of the building. Separate private entrances for each level, lending itself to two separate business ventures. This property has great potential for your business in the heart of downtown Ely.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3 Acres
Year built:
1930
Baths:
MLS#:
6116092

ADDITIONAL INFORMATION

Established, turn-key Outfitting business in Ely, MN - Outfitting canoe trips into the MN Boundary Waters Canoe Area Wilderness & Canadaâ??s Quetico Wilderness since 1984. Unique opportunity to purchase a well-known, profitable business located on the majestic shores of White Iron Lake with direct access into the BWCAW with lakeside accommodations offering a unique one-stop shop. Live and work in Ely, MN on the edge of the pristine wilderness - the BWCAW. The property boasts over 650â?? of stunning shoreline and +/- 3 acres and consists of a 2-bedroom owners residence, office, gift shop, equipment building, food packaging area, workshop, shower houses & baths, private dorm-style & motel accommodations and 6 lakeside resort cabins. This highly sought-after business has over 40 years of leading thousands of groups on unforgettable canoe trips which are 100% customized to each individual client ensuring repeat business year after year. Every detail of running this up-north venture has been meticulously crafted with proven strategies to ensure success â?? from the strategic marketing plan, to the care and maintenance of the facility and comfort of the grounds and added personal touches â?? a legacy that you can truly continue to operate for years to come. Live your dream on the edge of the Boundary Waters Canoe Area Wilderness with over one-million acres of lush forests and countless glacial lakes in the Superior National Forest.

Type:
Business Opportunities
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1996
Baths:
MLS#:
6113887

ADDITIONAL INFORMATION

Business opportunity in Ely, Minnesota. This well established business has a good client base in Ely and the surrounding area, making ice blocks and cubes to be delivered to businesses. The business includes the real estate, Freezers, merchandisers 750 lb capacity ice bins, ice and beverage coolers, 2 walk in freezers,delivery vehicle, International freezer truck and more. Full equipment and inventory list available. Call or e-mail for additional information and to make an appointment to look at the property. Great owner-operated business in Northern Minnesota in the Boundary Waters Canoe Area.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Baths:
MLS#:
6113194

ADDITIONAL INFORMATION

Multi Unit Commercial Building with Many Many Upgrades and Improvements on a Highly Visible Large Lot with 20 plus parking spots on Ely's Main Street. 3480 sq feet currently housing a thrift shop and a long standing hair salon. This well cared for building boasts a newly painted exterior, new rubber roof, 2 new forced air furnaces, new water heater, new flooring, new LED lights, new windows The third unit has new ceiling tiles, a fresh coat of paint, new carpet, and a new toilet and sink in the bathroom. This Commercial Building has Excellent rental history with long standing tenants. Don't miss this opportunity! Call today!

Refine Property Search
Page 1 of 1    Prev | Next
1–4 of 4 properties displayed

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

2025 Copyright 2025 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.




Ely Real Estate

The median home value in Ely, MN is $267,000. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Ely, MN is $267,000. Approximately 50.27% of Ely homes are owned, compared to 31.24% rented, while 18.49% are vacant. Ely real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ely real estate agent to arrange a tour today!

Ely, Minnesota has a population of 3,280. Ely is less family-centric than the surrounding county with 15.6% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Ely, Minnesota is $44,745. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Ely is 52.2 years.

Ely Weather

The average high temperature in July is 78.5 degrees, with an average low temperature in January of -6.7 degrees. The average rainfall is approximately 29.7 inches per year, with 63.4 inches of snow per year.

Ely Real Estate Market Conditions

  • Median sales price

    $267,000
    13.2% change since last quarter
  • # Active listings

    79
    30-day change

Ely Schools and Demographics

Education near Ely, MN

Metric City County
High School Graduates 89.78 94.63
College Degree - 2 year 20.08 13.09
College Degree - 4 year 27.6 31.2
Graduate Degree 6.15 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Ely, MN

School Grades Students P/T Ratio ZIP
Babbitt Elementary School PK - 06 128 13.2 55706
Tower-Soudan Elementary School PK - 06 84 9.2 55790
Washington Elementary School PK - 05 268 13.8 55731

Middle Schools near Ely, MN

School Grades Students P/T Ratio ZIP
Memorial Middle School 06 - 08 125 19.8 55731

High Schools near Ely, MN

School Grades Students P/T Ratio ZIP
Memorial High School 07 - 12 161 14.2 55731
Northeast Range Secondary 07 - 12 152 14.7 55706
Vermilion Country School 07 - 12 58 9.7 55790

Demographics near Ely, MN

Metric City County
Neighborhood Type Small town
Population 3,280 200,311
Population Density 1,122 32
Median Age 52.2 40.9
People per Household 1.8 2.2
Median Household Income 44,745 61,213
Average Income per Capita 30,129 34,816