Ely, Tower, Babbitt Area Commercial Real Estate Listing

Available commercial properties vary from Sheridan Street and Chapman Street store fronts to raw land to build the perfect retail store or manufacturing shop. Ely Minnesota is primed to blossom into one of Northeast Minnesota’s prime business communities. The Ely Area Chamber of Commerce (Ely.org) hosts several events that draw thousands of potential customers during all four seasons. This is on top of the thousands of people that are drawn to the world renowned Boundary Water Canoe Area Wilderness (BWCAW), abundance of resort facilities and state parks.


3 E. Sheridan St. Business opportunity. | $265000

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: 4
  • Square Footage: N/A
  • MLS #6028742
  • Listing #113

Own your own microcosm of American Culture! Attractive modern fuel station complete with 3 repair bays is located on the busiest corner of Ely! Gas and oil sales under a new canopied island roof. Tire sales with full service, full engine and car repair, compressed air service and propane filling station make this business very profitable the year round. Everyone goes to a gas station! A slice of American life passes through the doors of a gas station everyday. Going to a gas station is a shared experience that all can enjoy. Remember, The average American pumps gas for three hours every year interacting with people from all walks of life. It is a place for everyone whether you are buying a set of tires or a bag of chips. Americana that has not changed much since the invention of the automobile. Own your own! View Listing

Farm Lake Building Lot- Literally BWCAW at your back door. | $129900

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: N/A
  • Square Footage: N/A
  • MLS #60226757
  • Listing #142

First time offered water access building lot with the Boundary Water Canoe Area Wilderness (BWCAW) at your back door. Level shore line and nice tree cover. Power is available at the corner of the lot. Access via boat or snowmobile from the Farm lake public access. The Farm, Garden, South Farm and White Iron chain is the most desired in the area. Great fishing, recreation and direct access to the BWCAW via the Kawishiwi River. Great southern exposure for all season sun and a cool breeze in the summer. View Listing

East Sheridan St | $129,500

 
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: N/A
  • Square Footage: N/A
  • MLS #6004637
  • Listing #130

Prime commercial property facing Ely's main street, Sheridan. View Listing

Commercial with upper Apartment, Sheridan St | $145,000

 
  • Listing Status: active
  • Bedrooms: 3
  • Bathrooms: 2
  • Garage Stalls: N/A
  • Square Footage: 3200
  • MLS #6075208
  • Listing #112

Prime Location on Ely's Main Street. This is an excellent opportunity to purchase commercial property on Elys main street with high visibility and a central location in the heart of Ely. This meticulously maintained building has over 1,600 square feet on the street level, a perfect commercial space with a large storefront. Upstairs is a beautifully updated 3-bedroom home with +/- 1,600 sq. ft. Great investment.  MLS #6075208 Listing #112 Call Kerry at 218-235-1084  View Listing

541 W. Sheridan St. Babes’s( Business Only) | $94900

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: N/A
  • Square Footage: N/A
  • MLS #6073883
  • Listing #111

Here's a chance to own one of Ely's most successful businesses. Owners are retiring after 14 years of building this business to higher revenue each and every year. The building is not included but can be leased from current owner to continue in same awesome west end location. It is the first business you see after seeing the Ely water tower overhead. This is Ely's only year round full service bait and tackle shop catering to the Winter fisher person's as well as the Spring through Fall crowd. The offering price includes the extensive inventory and business value. Owners are willing to work several months with new owners to show them the ins and outs of running the awesome business. Call Kerry 218-235-1084. View Listing

1311 E Sheridan St | $159,000

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: N/A
  • Square Footage: 1538
  • MLS #
  • Listing #107

Things are moving to the east end of Ely. Prime commercial building that takes up a 1/2 city block. Nearly 4,000 square feet. Current cash flow enough to cover property taxes alone. Nice lower level apartment for cash flow or the new owner. This building has been owned by the same people for well over 20 years and has been very well maintained. Super off street customer parking. good cash flow. View Listing

419 E. Sheridan St (The Great Outdoors bait shop) SALE PENDING | $99,900

 
  • Listing Status: pending
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garage Stalls: N/A
  • Square Footage: N/A
  • MLS #2158145
  • Listing #123

SALE PENDING The Great Outdoors Bait and Tackle Shop is located in the heart of Ely. The close proximity to Ely's largest and finest liquor store makes the last two important stops for your fishing and camping trip a breeze! PRICE REDUCED. Motivated seller. All offers will be considered.   The Great Outdoors Bait and Tackle Shop is located in the heart of Ely. The close proximity to Ely's largest and finest liquor store makes the last two important stops for your fishing and camping trip a breeze!   Asking $99,900, but the price is very negotiable and will accept any reasonable offer.The current owner built the shop in 1985, has been running it for going on 34 years, but due to a medical condition, it's time to get out of the bait business.Business includes the building, lot, and all inventory of tackle and candle making supplies.Candle making Inventory includes hundreds of pounds of candle wax, a 100 pound capacity wax melter, thousands of wicks, about 150 candle jars, scents, wax dye, molds for votives and pillar candles, and other items used for pouring and wrapping candles. Tackle supplies include every item on the wall (spoons, plugs, crank baits, fillet knives) and many other items that are used for making your own spinners and crawler harnesses (thousands of spinners, Eagle Claw Hooks, clevises, beads, etc)  We also have hundreds of spoons, both casting and jigging that you can assemble yourself, one hundred or more pounds of lead ingots, lead melters, and molds for pouring your own jugs and sinkers, powder pots and pints for painting your own jigs, buck tails for tying on hooks, etc. Shop items for handling and selling bait include a walk in freezer, new well pump and wire put in a month ago, a new refrigerator for night crawlers and leeches, three chest freezers, six oxygen cylinders for making oxy packs and hauling live bait on a truck, hauling tank for a pickup truck with flowmeters, aerators, two air pumps, 6 new 12 volt agitators and 4 new 120 volt agitators, several 350 gallon and 150 gallon Rubber Maid tanks for storing bulk bait, and other items too numerous to mention.                      For information call Jim at the Bait Shop 218-365-4744 (mornings 9-noon)                        Or Jerry Fink at Canoe Capital Realty, 2180343-1318 for more info. View Listing
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