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#841 This Building is located in the heart of the downtown business area. Currently the property features an established, 4 station beauty salon/ private tanning room. The main floor has a handicap accessible ramp and there is abundant parking on the private lot at the rear of the building. The property also includes a 20 X 30 detached garage. On the second floor is a recently refurbished residential rental unit that features 2 bedrooms, a full bath and a private entrance. The residential unit currently rents for $550 per month. Owner/Operator C/D financing is available for a qualified buyer. Building Only. $199,000 (MLS#28470)
#840 Salon and Residence. This property sits on Ely’s main business street and is located in the heart of the downtown business and commercial area. Currently the property features an established, 4 station beauty salon and includes a private tanning room. The main floor business has a handicap accessible ramp and there is abundant parking on the private lot at the rear of the building. The property also includes a 20 X 30 detached garage. On the second floor is a recently refurbished residential rental unit that features 2 bedrooms, a full bath and a private entrance. The residential unit currently rents for $550 per month. Owner/Operator C/D financing available for a qualified buyer. Building and Business. $225,000 (MLS#28466)
#822 EXCELLENT OPPORTUNITY TO OWN A BAR/RESTAURANT/OFF-SALE w/ a well established clientele. In existence for nearly 50 years, this is a favorite destination for “the best homemade Pizzas” anywhere. Easy access by roads and recreational trails. Log structure (+4,000 sq ft) and fully equipped kitchen are less than 10 years old. Outstanding investment! PRICE JUST REDUCED!! $500,000 (MLS#27911/113806)
#820 THIS WELL KEPT 3 BR HOME is on a double corner lot on Ely's main street. This is an ideal location for any small business venture or a good starter home for a small family. Owner/Agent $69,000 (MLS#27883/113774)
#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)
#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)
#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)
#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 )
#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!!
#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)
Ely Lake Homes | Ely Waterfront | Country Homes | Ely Residential | Ely Rural Lots | Ely Commercial | Contact Us Member of Minnesota Arrowhead Multiple Listing Service Mark Larson, Broker * Judy McClure, Associate Broker Joe Bowen, Wendy Johnson, Don Stocks, Sharlene Detzel, Kris Schmidt, REALTOR Associates © copyright 1999-2008 Border Lakes Realty All Rights Reserved