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Commercial Building - Ely, Mn - REAL ESTATE ONLY - 5000 sq ft commercial building in the heart of downtown Ely. This historic building, built in 1920, has 4 separate leasing areas. The main floor front space is leased until April, 2027 and features original tin ceilings and wood floors. The additional main floor and second floor space is occupied by the owners of the building to operate their existing business. Major updates to the building including a new roof in 2023 and a new fuel oil boiler in 2021. Great corner location. The building was a successful clothing store for 30+ years. This is an opportunity to bring your existing business to this location or to establish a new business venture.
| DAYS ON MARKET | 12 | LAST UPDATED | 5/13/2026 |
|---|---|---|---|
| YEAR BUILT | 0 | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Block, Frame |
| HOA DUES | 2575 |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 125 x 25 |
| PARKING | On Street |
| SEWER | Public Sewer |
| WATER | Public |
| ZONING | Com |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
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*Estimate only
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This IDX solution is (c) Diverse Solutions 2026.