#470 WELDING & REPAIR SHOP - Shop building has 2 overhead swinging cranes, built-in air compressor/and air lines, 6 welding machines, 2 metal lathes, 1 milling machine, 2 drill presses, 2 metal hydraulic presses, 1 plasma arc cutting torch, 3 oxy/acet. torches, 3 metal grinders, metal band saw. Also included is a 14 ton rubber tired crane and too many hand tools and clamps to mention! This well established business has a good client base with the local loggers, outfitters, resorts and contractors. All this for $399,000. (MLS#23483 / 108036)

#514 THIS IS A VERY WELL MAINTAINED INSULATED AND HEATED SHOP BUILDING with 3 office spaces, a kitchen and a ½ bath. There is an additional 960 sq. ft. of cold storage. The uses are unlimited for this 3,300 sq.ft. of commercial space, currently used as a welding repair shop. See listing #470 (MLS#23483) $235,000 (MLS#23486 / 108037)

#729 NOW PRICED AT 1/2 OF TAX VALUE! Recent state inspection completed. The restaurant previously known as Journey’s End is back on the market. This restaurant was licensed and inspected for a 48 person full service facility. There is additional seating on an outside deck for our summer time visitors. This diamond in the ruff comes with all NSF equipment, tables, chairs and a walk in cooler and freezer in the on site garage. A one bedroom apartment is upstairs for additional income or for owner’s quarters. Own your own business on Ely’s busy main street, ACT NOW! $89,900 PRICE REDUCED!! (MLS#25350) SOLD!

#745 WONDERFUL OPPORTUNITY TO OWN YOUR OWN BAIT STORE IN ELY MINNESOTA! Bait and tackle business with its own residence located on Sheridan Street. Three bedroom, one bath home, 41 x 28 business with huge display area, detached garage and its own parking lot. Artesian well for bait located off property. Great visibility, located just off the corner of Hwy 1 and 169. Strong business reputation! Your chance to own a bait store in the northern Minnesota town that made ‘Obsessive Compulsive Fishing’ famous.
$499,000 (MLS#25738/110852)

#750 COMMERCIAL DOWNTOWN PROPERTY ON ELY’S CHAPMAN STREET! A new adventure for your business plans. Each floor has over 3400 Sq ft of retail space. Built in 1963, this cement block facility is virtually maintenance free and fireproof. Manufacturing, business offices, or specialty shops, off street parking w/ garage/shipping/receiving room are just a few of the amenities. Updates and servicing have been done within the last 5 years. Expansion opportunities exist on either end of the building! Lower taxes w/ a great price! $99,950 (MLS#25865/110985)

#765 WONDERFUL OPPORTUNITY ON SHERIDAN STREET! Sits on top of the hill with newer log exterior siding - great street view! First floor features 20 x 60 show room, bathroom and storage. Northwoods accents, high ceilings,and display windows make this a showcase property. Upstairs features living or office area with kitchen, living and family room, three bedrooms, and two baths. Owner / Agent
$$239,000 (MLS#26485) PRICE REDUCED!!

#766 BACK ON THE MARKET IN TWO HARBORS: Former Hardees restaurant building and lot. Priced at 58% of tax value! Solid building being sold "as is". Great spot for many commercial ventures. $119,000


(MLS#26346/ 106962 )

#801 A STAY INN ELY is a 5 room Inn. Each room has its own spacious private bath and shares a common area of a kitchen, dining and Gathering/Meeting Room. This is virtually a new building rebuilt from the bare studs in 2006. Each room is hand hewn, utilizing a different species of lumber from the surrounding forests. The business has grown every year with a proven income and boasts excellent occupancy rates, exceeding state figures. Owner will supply income and expense numbers to serious buyers. Located in a great location, in Ely’s busiest part of town. Plenty of parking! $479,000 (MLS#27379/113111)

#802 BASKETREE/BAKERY This growing business is in the hub of Ely’s downtown tourist area. It features a gift store and gift-basket business as well as a coffee shop and bakery. On the second floor are two completely remodeled motel rooms, each with a private bath. Each unit rents for over $120 per night with excellent occupancy rates to the many tourists and local canoe outfitters. The outside boasts private seating in an "English Garden" style setting along with a gazebo! This seating area was designed for low maintenance w/greenstone gravel walkways, privacy fences, wild & perennial flowers, hanging flower pots and ample shade. $279,000 (MLS#27380 / 113112)

#803 IF YOU ARE THINKING OF A BUSINESS IN ELY, this is the building. Large open main floor with high tin ceilings, tin walls and hardwood floors. The property has commercial electrical throughout and large front display windows. There is a very nice 2 bedroom apt upstairs and a south facing deck. 1 car garage. A great bargain!! $89,900 (MLS#27391)