Commercial Kitchen

Ely, MN Commercial Kitchens for Sale

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Isabella, MN Babbitt, MN Tower, MN Soudan, 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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Restaurant with Commercial Kitchen
Updated: Jun 5
Restaurant with Commercial Kitchen

955 E Sheridan St, Ely, MN 55731

$215,000
1,900 sqft
Current restaurant operation with full commercial kitchen
1,900 SF property in Ely, MN
Open‑concept interior with fireplace and half‑log siding
Outdoor deck surrounded by landscaping and seasonal flowers
Customer access and parking options
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See hot listings in Ely

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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Local Demand available after sign in
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.

Two-Unit Commercial Kitchen Building
Two-Unit Commercial Kitchen Building

1908-1910 Tower Ave, Superior, WI 54880

$445,000
2,640 sqft 0.16 AC lot

Flexible two-unit property with commercial food-service equipment, a walk-in cooler, and updated interior finishes.

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Two-Unit Restaurant Building
Two-Unit Restaurant Building

1908-1910 Tower Ave, Superior, WI 54880

$445,000
2,640 sqft

Restaurant property with one leased unit, one available space, and built-in commercial kitchen improvements.

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Historic Brownstone Restaurant Building
Historic Brownstone Restaurant Building

315 Turner Rd, Ashland, WI 54806

$549,900
3.50 AC lot

Brownstone restaurant building with bar/lounge, multiple dining areas, commercial kitchen, and wrap-around porch with Lake Superior views.

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Restaurant with Commercial Kitchen
Restaurant with Commercial Kitchen

201 Main St E, Ashland, WI 54806

$249,900

Corner restaurant includes booths, bar, a commercial kitchen, and dedicated upper-level office plus basement storage.

View details

Ely, MN Commercial Kitchens Market Trends and Statistics

Explore 2 commercial kitchens for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 6,250 square feet of properties for sale, with an estimated market value of $1,194,000.

Sale prices for industrial kitchens in Ely, MN start at $215,000, averaging $597,000, 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

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 $597K

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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