2331 Old Hwy 169, Ely, MN 55731 (MLS # 148712)

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PRICE $498,500 dsIDX morgage calculator
SIZE 720 sqft
LOT SIZE n/a

Here's Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. New septic 2021. 145 ft drilled well. Starlink internet. Turnkey opportunity to own your own business in E

DAYS ON MARKET 57 LAST UPDATED 7/13/2025
YEAR BUILT 0 STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
BASEMENT Crawl Space
CONSTRUCTION Frame, Wood Siding
HEAT Electric, Wood
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 982 x 668
SEWER Septic Tank
ZONING MU-5
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 2331 OLD HWY 169
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Listed with Janisch Realty Inc
Listing information is deemed reliable, but not guaranteed.

This IDX solution is (c) Diverse Solutions 2025.