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Listed by Kate Davies Bear Island Realty LLC
$215,000
Est. payment /mo
1,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,900 sqft
Price per Sqft $113
MLS Listing ID LSA6125842
HOA Y/N No
Year Built 1920
Annual Tax Amount $3,698
Tax Year 2026
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50 x 125
Property Sub-Type Commercial
Source lsar
Property Description
A truly special commercial opportunity in the heart of Ely. This highly visible, centrally located property offers a warm and welcoming setting that has been thoughtfully cared for and has provided a space for community engagement and philanthropy. Currently operating as a restaurant with a full commercial kitchen, the property is well-suited for continued use as a dining establishment or could be reimagined for a variety of retail, hospitality, or other commercial ventures. The Northwoods-inspired building is full of character, featuring attractive half-log siding, a beautiful fireplace, and a charming open-concept interior that immediately makes visitors feel at home. The tasteful finishes, inviting atmosphere, and flexible layout create a memorable space with excellent potential. There is also the possibility for on-site owner quarters or rental income, adding even more value and versatility. Outside, the expansive deck is surrounded by beautiful landscaping and seasonal flowers, offering a lovely outdoor seating area and a wonderful place for guests to gather and enjoy the Ely experience. With good parking options, convenient customer access, and strong visibility, this property stands out as a rare opportunity to own a beloved commercial space in one of Ely's most recognizable and welcoming locations.
Location
State MN
County St. Louis County
Area Lsar
Direction In Ely, take Sheridan Street to 955 on the north side of the street.
Rooms
Basement Partial
Interior
Heating Propane
Inclusions Building
Exterior
View Y/N No
Roof Type Asphalt,Metal
Garage No
Building
Foundation Poured Concrete, Rock
Sewer Public Sewer
Water City
Structure Type Other
Schools
High Schools Ely #696
School District Ely #696
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Nearby Locations
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