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.


  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: 1
  • Garage Stalls: N/A
  • Square Footage: 4668
  • MLS #6101081
  • Listing #

PENGALS BASSWOOD TRADING COMPANY , since 1915 is the oldest family owned business in Ely. Pengals has been under one ownership since that time. A time proven business that has a developed specific niche for the residents and tourists that abound in our Ely and surrounding area for three generations. Pengals is your End of the Road clothing outfitter, your Outdoor Equipment Store · Clothing Store · Screen Printing & Embroidery business. Check out their website at www.endoftheroadely.com First time on the market and ready to sell and move on. The buildings are in excellent shape and updated throughout. Central air, Oil forced air heat with backup electric radiant ceiling panels. 220, 3 phase power along with a 200 Amp service panel. New flooring, new doors and windows in front along with pine paneling on walls and the ceilings add to the charm of Basswood Trading. A rear door entrance is new the roofs on the main buildings are metal. Parking in the rear of the building for 4 – 5 cars is a plus and there is room for expansion. This business is a vertical business operation producing 95% of the retail product. Also included with the sale is 40 years of artwork and select copyrighted artwork along with the trademark “End of the Road”. Asking Price $1,200,000. MLS#6101081 Call Jerry at 218-343-1318 View Listing

710 E. Madison St Ely MN | $429,000

  • Listing Status: active
  • Bedrooms: 3
  • Bathrooms: 3
  • Garage Stalls: 2
  • Square Footage: 4125
  • MLS #6099668
  • Listing #

An established in-home childcare in Ely Minnesota is for sale. "The Playhouse" has been in business since 1984 providing quality care for infants, toddlers, preschoolers and school age children. The owner says – “We are watching the children of the children we’ve cared for.” That alone speaks volumes! The Playhouse would be a turn-key business to include equipment and materials for childcare with other items on site to possibly be included. This is a great opportunity to provide a much-needed service to our Ely Area Community as well as providing a great income working from home. Training is required for this venue. Owner will assist with help on training and business. This home is a three-bedroom ( could be returned to a 5 bedroom home as was original) updated home with three baths. There is a detached garage and a large fenced in yard. 20 x 50 foot paved parking lot to serve the business with off street parking. Located on a quiet section of Madison Street in the heart of Ely. MLS# 6099668 Asking price $429,000 Call Jerry at 218-3431318 View Listing

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

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

PENDING 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
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