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Ely, MN

Hotel

Ely, MN Hotels for Sale

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Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN

Adventure Inn Hotel

Updated: Apr 13

Adventure Inn Hotel

1145 E Sheridan St, Ely, MN 55731

Contact for pricing

Independent hotel in Ely, Minnesota
Near an entry point to the Boundary Waters Canoe Area Wilderness
Nearby Ely Bloomenson Community Hospital
Near the U.S. Forest Service and U.S. Department of Veterans Affairs
Located at 1145 E Sheridan St, Ely, MN 55731

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 44 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 39 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

38-Room Hotel with Indoor Pool

38-Room Hotel with Indoor Pool

960 2nd St NW, Aitkin, MN 56431

$1,200,000

21,350 sqft

The property contains 38 rooms and was built in 1990.

38-Room Hotel with Indoor Pool

38-Room Hotel with Indoor Pool

960 2nd Street NW, Aitkin, MN 56431

$1,200,000

2.03 AC lot

Existing improvements include covered parking and forced-air heating.

Year-Round Lakefront Resort

Year-Round Lakefront Resort

7598 Bemidji Rd NE, Bemidji, MN 56601

Contact for pricing

The property combines multiple lodging formats with on-site dining and water-oriented recreation.

Renovated Hotel with Indoor Pool

Renovated Hotel with Indoor Pool

3500 Moberg Dr NW, Bemidji, MN 56601

Contact for pricing

Hotel with guest accommodations, an indoor pool, hot tub, breakfast area, and owner’s apartment beside the regional airport.

Off-Market Properties in Ely, MN

Consider similar Off-Market properties in Ely, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

12007 Riverpoint Rd

HOTEL-RESORT

12007 Riverpoint Rd, Ely, MN 55731

$215,000

Estimated value

5.04 AC lot

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

Value Estimation by Request

4995 Big Lk Rd

HOTEL-RESORT

4995 Big Lk Rd, Ely, MN 55731

$65,000

Estimated value

380 sqft

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

$240,000

Estimated value

500 sqft 3.19 AC lot

1850 Mitchell Shrs Rd

HOTEL-RESORT

1850 Mitchell Shrs Rd, Ely, MN 55731

$160,000

Estimated value

320 sqft

4987 Big Lk Rd

HOTEL-RESORT

4987 Big Lk Rd, Ely, MN 55731

$185,000

Estimated value

540 sqft

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

Value Estimation by Request

4988 Big Lk Rd

HOTEL-RESORT

4988 Big Lk Rd, Ely, MN 55731

$490,000

Estimated value

2,736 sqft

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

Value Estimation by Request

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

$490,000

Estimated value

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

Value Estimation by Request

Ely, MN 55731

HOTEL-RESORT

Ely, MN 55731

Value Estimation by Request

4989 Big Lk Rd

HOTEL-RESORT

4989 Big Lk Rd, Ely, MN 55731

$70,000

Estimated value

540 sqft

1861 Mitchell Shrs Rd

HOTEL-RESORT

1861 Mitchell Shrs Rd, Ely, MN 55731

$275,000

Estimated value

2,142 sqft

5000 Big Lk Rd

HOTEL-RESORT

5000 Big Lk Rd, Ely, MN 55731

$305,000

Estimated value

1,056 sqft

4997 Big Lk Rd

HOTEL-RESORT

4997 Big Lk Rd, Ely, MN 55731

$175,000

Estimated value

718 sqft

5011 Big Lk Rd

HOTEL-RESORT

5011 Big Lk Rd, Ely, MN 55731

$245,000

Estimated value

2,128 sqft

3811 Fenske Lk Rd

HOTEL-RESORT

3811 Fenske Lk Rd, Ely, MN 55731

$295,000

Estimated value

1,120 sqft

2239 Echo Trl

HOTEL-RESORT

2239 Echo Trl, Ely, MN 55731-8158

Value Estimation by Request

3092 Pocahontas Trl

HOTEL-RESORT

3092 Pocahontas Trl, Ely, MN 55731

$255,000

Estimated value

1,024 sqft

4998 Big Lk Rd

HOTEL-RESORT

4998 Big Lk Rd, Ely, MN 55731

$215,000

Estimated value

380 sqft

3133 Fireside Dr

HOTEL-RESORT

3133 Fireside Dr, Ely, MN 55731-2200

$290,000

Estimated value

1,352 sqft

14694 Vosburgh Rd

Hotels

14694 Vosburgh Rd, Ely, MN 55731

Value Estimation by Request

3.45 AC lot

Ely, MN Hotels Market Trends and Statistics

Explore 40 hotels for sale in Ely, MN on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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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