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    Ely, MN
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    Ely, MN Auto Shops for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN
    Modern Fuel Station with Repair Bays
    Updated: May 9, 2017
    Modern Fuel Station with Repair Bays

    3 E Sheridan St, Ely, MN 55731

    $265,000
    1,200 sqft
    Modern fuel station at 3 E Sheridan St, Ely, MN
    3 repair bays for engine and automotive service
    Canopied island roof over the fueling area
    Gas and oil sales included
    Tire sales with full‑service tire care
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Self-Service Car Wash Property
    Self-Service Car Wash Property

    701 S River Street, Spooner, WI 54801

    $1,100,000
    4,032 sqft 0.91 AC lot

    Three-business commercial property combining car wash, oil change, and laundromat operations with public water and sewer.

    View details
    Seven-Bay Auto Shop
    Seven-Bay Auto Shop

    6950 Highway 169, Virginia, MN 55792

    $399,000
    10,620 sqft

    High-capacity commercial facility with service infrastructure, administrative space, and a separate truck wash building.

    View details
    Multi-Use Auto Service & Laundromat
    Multi-Use Auto Service & Laundromat

    701 S River St, Spooner, WI 54801

    $1,100,000
    4,032 sqft

    For sale property combining a car wash, two-bay oil change center, and laundromat with multiple washer and dryer units.

    View details
    Multi-Use Highway Frontage Industrial Property
    Multi-Use Highway Frontage Industrial Property

    6938 Highway 169, Virginia, MN 55792

    Contact for pricing
    50.00 AC lot

    Expansive property with nearly 50 acres and over 1,500 feet of Highway 169 frontage, plus multiple service buildings.

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    Off-Market Properties in Ely, MN

    Consider similar Off-Market properties in Ely, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    205 Central Ave
    AUTO REPAIR, GARAGE

    205 Central Ave, Ely, MN 55731-1212

    $555,000
    Estimated value
    3,500 sqft
    View details

    Ely, MN Auto Shops Market Trends and Statistics

    Explore 2 auto shops for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 1,200 square feet of properties for sale, with an estimated market value of $265,000.

    Sale prices for auto repair shops in Ely, MN average $265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Auto shops 1
    Gas stations 1

    Demographics Overview

    Population 5,292
    Population Growth (5Y) -10.5%
    Median Household Income $62,900
    College Educated 54.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $11.67 per SF
    Tax Rate vs County Average 1.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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