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    Ely, MN
    Coffee shop

    Ely, MN Coffee Shops for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN
    Coffee Shop and Roasting Operation
    Updated: Jul 13
    Coffee Shop and Roasting Operation

    2 W Sheridan St, Ely, MN 55731

    $979,000
    4,350 sqft 0.07 AC lot
    Business operation spans 2 W. Sheridan St. and 36 W. Sheridan St. in Ely
    Roasting room includes a 5lb Mill City Roaster
    Commercial bakery and kitchen at the 36 W. Sheridan production hub
    Two upper‑level units, each with 1 bedroom and 1 bathroom
    Society Hall offers coworking and event space
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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Coffee Shop for sale in Ely, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Café
    Mixed-Use Property with Café

    5158 W South Main Street, Winter, WI 54896

    $299,000
    5,216 sqft

    The restaurant configuration includes a barista café, a full liquor license, and apartment units.

    View details
    Retail Space with Drive-Through
    Retail Space with Drive-Through

    817 Miner Ave W, Ladysmith, WI 54848

    $218,500
    774 sqft

    A lobby, private office, full bathroom, and basement provide a functional interior layout.

    View details
    New Caribou Coffee Cabin Concept
    New Caribou Coffee Cabin Concept

    100 Paul Bunyan Drive Northwest, Bemidji, MN 56601

    $1,039,464
    554 sqft

    New drive-thru Caribou Coffee on high-traffic corridor near university.

    View details
    Restaurant with Outdoor Patio
    Restaurant with Outdoor Patio

    5158 W S Main Street, Winter, WI 54896

    $299,000
    5,216 sqft 0.05 AC lot

    The café combines apartment units with a barista service area and a full liquor license.

    View details

    Ely, MN Coffee Shops Market Trends and Statistics

    Explore 1 coffee shops for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 4,350 square feet of properties for sale, with an estimated market value of $979,000.

    Sale prices for coffee kiosks in Ely, MN average $979,000 — 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

    Bars & Pubs 2
    Coffee shops 2
    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Ely submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55731 $979K

    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)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Ely, MN

    • 55731

    Featured Ely Real Estate Agencies

    Realmo connects you with licensed Ely CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Bear Island Realty, LLC
    943 E Sheridan St Ely, MN
    Phone: (218) 365-2800
    Wildwoods Land Company
    1325 E Sheridan St Ely, MN
    Phone: (218) 365-3665
    www.elywildwoods.com
    Canoe Capital Realty LLC
    203 E. Sheridan St Ely, MN 55731
    Phone: (218) 235-1084
    elycanoecapitalrealty.com/
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