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Ely, MN Individual Retail Properties for Sale

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Ely Commercial Property with Income
$285,000
3,768 SF

Ely Commercial Property with Income

120 E Sheridan St, Ely, MN 55731

Commercial building with high traffic and dual rental income.

  • High‑traffic location on Sheridan Street (7,700 vehicles/day) in Ely's main business corridor, ideal for attracting customers.
  • Dual income potential from commercial space and two rentable 1‑bedroom apartments.
  • Versatile commercial space divisible into two separate units for multiple tenants or increased rental income.
  • 3,000+ sq ft commercial building with four large display windows for showcasing merchandise.
  • Located in a tourism‑rich area near the Boundary Waters Canoe Area Wilderness, state parks, and resorts.
Updated: Sep 9, 2025
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Downtown Ely Commercial Building
$299,000
6,900 SF

Downtown Ely Commercial Building

29 E Chapman St, Ely, MN 55731

Two-level, 6,900 SF commercial building in downtown Ely.

  • Prime downtown Ely location.
  • Two levels with separate entrances, suitable for multiple businesses.
  • Large total square footage (6,900 sq ft) with open floor plans on both levels.
  • Main level features a large open space, private room, and two overhead garage doors.
  • Second level includes a stage, kitchen, and private office.
Updated: Dec 3, 2025
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Highway 53 Commercial Location
$448,500
8,640 SF

Highway 53 Commercial Location

Commercial/Industrial property on Highway 53 with city utilities.

10 Highway 53 S, Cook, MN 55723
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Highway 53 Commercial Location
$448,500
0.65 Acres

Highway 53 Commercial Location

Commercial property on Hwy 53 with city utilities in Cook, MN.

10 Highway 53 S, Cook, MN 55723
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Downtown Virginia Mixed-Use Opportunity
$400,000
11,014 SF

Downtown Virginia Mixed-Use Opportunity

Four-story building in prime location with retail and office potential.

214 N 2Nd Ave, Virginia, MN 55792
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Virginia Storefront: Sporting Goods Business
$699,000
5,476 SF

Virginia Storefront: Sporting Goods Business

Turnkey Sporting Goods Store in Virginia, MN

105 3Rd Ave, Virginia, MN 55792
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Explore 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.

134 1st E Ave

134 1st E Ave

RETAIL STORES (PERSONAL SERVICES) • 3,696 SF
Value Estimation by Request
134 1st E Ave, Ely, MN 55731-1772
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14641 Canadian Border Rd

14641 Canadian Border Rd

RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
Value Estimation
$635,000
14641 Canadian Border Rd, Ely, MN 55731
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Ely, MN Individual Retail Properties Investment Opportunities Market Analysis

Explore 4 individual retail properties for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 331,927 square feet of properties for sale, with an estimated market value of $580,000.

Sale prices for individual retail properties in Ely, MN start at $580,000, averaging $580,000, and reaching up to $580,000 — 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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