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.


East Sheridan St | $60,000

 
  • Listing Status: active
  • 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

PENGAL’S BASSWOOD TRADING COMPANY | $1,500.000

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: 1
  • Garage Stalls: N/A
  • Square Footage: 4668
  • MLS #6092410
  • 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 $1,500,000. MLS#6092410 Call Jerry at 218-343-1318 View Listing

Hideaway Bar and Restaurant-Babbitt MN | $399,900

 
  • Listing Status: active
  • Bedrooms: N/A
  • Bathrooms: 3
  • Garage Stalls: N/A
  • Square Footage: 5000
  • MLS #6092418
  • Listing #

Owners are ready to retire after almost 20 years of successful operations of this family friendly very popular bar and restaurant. Full service bar with off sale shop. Full menu restaurant and the best pizza in town. The log structure draws in 4 seasons of clientele by car, sled and ATV. New Prospectors ATV trail is sure to bring in even more business. Plenty of space inside and out for events of all kinds. This business cash flows and should be able to handle substantial financing. Financials available to qualified interested parties. Don't let this opportunity slip away. MLS# 6092418 Asking Price $399,900. Call Kerry at 218-235-1084 View Listing

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
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