Ely, MN
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    Ely, MN Coffee Shops for Sale

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    Isabella, MN Babbitt, MN Tower, MN
    Turnkey Coffee & Wine Bar Building
    $979,000
    4,350 SF
    Turnkey Coffee & Wine Bar Building

    2 W Sheridan St, Ely, MN 55731

    Turnkey operation with a roasting room, commercial kitchen, and two 1-bedroom units above the storefront.
    • 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).
    Updated: Apr 20
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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.

    Live-Work Property with Art Gallery
    $350,000
    Live-Work Property with Art Gallery

    Live-work building on Main Street with an included art gallery, coffee shop setup, and flexible rear studio suite.

    601 Main St, Biwabik, MN 55708

    View details
    Vintage Log Cabin Storefront
    $275,000
    2,064 SF
    Vintage Log Cabin Storefront

    Charming log cabin store with home in rear, near lakes.

    14293 W County Highway K, Hayward, WI 54843

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    New Caribou Coffee Cabin Concept
    $1,353,383
    554 SF
    New Caribou Coffee Cabin Concept

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

    100 Paul Bunyan Drive Northwest, Bemidji, MN 56601

    View details
    Gilbert Commercial Building with Potential
    $79,500
    1,000 SF
    Gilbert Commercial Building with Potential

    Commercial building in Gilbert, MN, suitable for various business ventures.

    207 Broadway St. S, Gilbert, MN 55741

    View details

    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.

    Undeveloped Lot in Business District
    $275,000
    0.45 Acres
    Undeveloped Lot in Business District

    High-visibility commercial land in the heart of Forest Lake.

    932 W Broadway Avenue, Forest Lake, MN 55025

    View details
    Prime Commercial Lot For Sale
    $250,000
    2,335 SF
    Prime Commercial Lot For Sale

    High-visibility commercial lot in Iron Mountain, Michigan.

    909 S Stephenson Avenue, Iron Mountain, MI 49801

    View details
    Prime Land in Rapid River
    $49,900
    1.97 Acres
    Prime Land in Rapid River

    Commercial land with high traffic exposure in Rapid River, MI.

    7683 US2 Highway, Rapid River, MI 49878

    View details
    Prime Commercial Outlot Opportunity
    $300,000
    0.75 Acres
    Prime Commercial Outlot Opportunity

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

    Premier Drive, Mankato, MN 56001

    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 Сoffee kiosks in Ely, MN start at $979,000, averaging $979,000, and reaching up to $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 1
    Coffee shops 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)

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