Cannabis Properties

Ely, MN Cannabis Properties for Sale

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Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN
Cannabis Retail Building Opportunity
Updated: Jul 10
Cannabis Retail Building Opportunity

43 E Camp St, Ely, MN 55731

$265,000
7,000 sqft 0.60 AC lot
Over 7,000 sq ft commercial building at 43 E Camp Street in downtown Ely, MN
City of Ely Planning & Zoning approval for cannabis retail and lower‑potency hemp edibles (approval letter available upon request)
Lower level has more than 3,000 sq ft with a private entrance, dedicated parking lot, multiple offices, storage, and two bathrooms
Upper level (Suite 100) is partially demo'd and ready for dispensary build‑out
Significant pre‑opening work completed, including detailed construction documents and build‑out drawings plus demolition and preparation for the upper suite
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Turn-Key Cultivation Facility and Warehouse
Turn-Key Cultivation Facility and Warehouse

206 E Park Drive, Kalkaska, MI 49646

$725,000
7,316 sqft

Industrial-zoned property with office/warehouse space, heavy power, and fully equipped outdoor grow pods.

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Adult-Use Cultivation & Warehouse Facility
Adult-Use Cultivation & Warehouse Facility

312 E Dresden Street, Kalkaska, MI 49646

$469,999
12,900 sqft

For-sale cultivation facility with a Class C license included plus a newly built cold-shell freestanding building.

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Rural Greenhouse and Processing Property
Rural Greenhouse and Processing Property

5802 Samantha Drive, Coleman, MI 48618

$359,000
1,560 sqft 20.02 AC lot

Rural grow and processing facility with spray-foam insulated shop space, greenhouses, and municipality-approved Class C licenses.

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CBD Farm with Hydroponic Capabilities
CBD Farm with Hydroponic Capabilities

5852 NW County Line Rd, Coleman, MI

$280,000
4.51 AC lot

15-acre CBD farm with 3-bedroom ranch and pole barn.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Secluded Northwoods Forestry Land
Secluded Northwoods Forestry Land

17 Short Cut Road, Herbster, WI 54844

$59,900
10.00 AC lot

Ten acres of secluded Northwoods land near Lake Superior.

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Exeter Land For Sale
Exeter Land For Sale

503 South County Trail, Exeter, RI 02822

$225,000
0.85 AC lot

Corner lot in Business District, suitable for cannabis use.

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Orient Road Commercial Land Available
Orient Road Commercial Land Available

6213 ORIENT ROAD, Tampa, FL 33610

$2,000,000

Commercial land for sale on Orient Road, Tampa, Florida.

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Yermo Land Near Freeway
Yermo Land Near Freeway

Ghost Town Road, Yermo, CA 92398

$1,250,000
8.14 AC lot

8.14 acres of land near the 15 Freeway.

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Ely, MN Cannabis Properties Market Trends and Statistics

Explore 1 cannabis properties for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $265,000.

Sale prices for weed farms in Ely, MN start at $265,000, averaging $265,000, and reaching up to $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

Cannabis Properties 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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