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    Ely, MN
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    Ely, MN Coffee Shops for Sale

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    Isabella, MN Babbitt, MN Soudan, MN Tower, MN Embarrass, MN
    Coffee Shop and Roasting Operation
    Updated: Apr 21
    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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    Turnkey Coffee & Wine Bar Building
    Updated: Apr 20
    Turnkey Coffee & Wine Bar Building

    2 W Sheridan St, Ely, MN 55731

    $979,000
    4,350 sqft
    Turnkey business operating at 2 W. Sheridan St. in a leased building plus supporting hub at 36 W. Sheridan St.
    Premier coffee & wine bar at 2 W. Sheridan St., described as a downtown anchor with small‑batch coffee and a wine collection.
    Roasting Room at 36 W. Sheridan St. includes a 5 lb Mill City Roaster and full commercial bakery and kitchen for grab & go menu items.
    Two upper‑level 1‑bedroom, 1‑bath residential units above the 36 W. Sheridan storefront with off‑street parking and garden/gazebo access.
    Society Hall is a professional co‑working and event space at the 36 W. Sheridan location (not currently leased, but can be).
    View details
    See hot listings in Ely

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Café with Upstairs Apartment
    Café with Upstairs Apartment

    1418 Main St, Bloomer, WI 54724

    $249,900
    2,728 sqft

    Café space includes equipment and recipes, with a two-bedroom apartment above.

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

    100 Paul Bunyan Drive Northwest, Bemidji, MN 56601

    $1,353,383
    554 sqft

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

    View details
    Cafe Property with Upstairs Apartment
    Cafe Property with Upstairs Apartment

    1418 Main Street, Bloomer, WI 54724

    $249,900
    2,728 sqft 0.06 AC lot

    Operating cafe improvements include equipment, recipes, rear parking, and a two-bedroom apartment above.

    View details
    Live-Work Mixed-Use Property
    Live-Work Mixed-Use Property

    601 Main St, Biwabik, MN 55708

    $350,000

    Combined commercial and residential layout with gallery, coffee shop, garage, and adaptable rear suite.

    View details

    Ely, MN Coffee Shops Market Trends and Statistics

    Explore 2 coffee shops for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 8,700 square feet of properties for sale, with an estimated market value of $1,958,000.

    Sale prices for Сoffee 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

    Conventional restaurants 3
    Bars & Pubs 2
    Coffee shops 2
    Commercial kitchens 2

    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)

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