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216 E Sheridan St Ely, MN 55731

For Sale
$390,000

Two-story building with restaurant and four apartments in Ely.

Property size:
8,078 SF
Lot size:
0.14 Acres

Property Features for 216 E Sheridan St

General Information

Size
8,078 SF
Lot size
0.14 Acres

Source: Sunbelt Business Advisors Agent Tony Bodway

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Building in Downtown Ely

This two-story building is located in downtown Ely, situated on Highways 1/169. The property features a 4,014 square foot restaurant with seating for 150. Additionally, the building includes four residential rental units located on the second floor; three of the four units are currently rented. The property is a multi-purpose commercial real estate opportunity.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ely Steak House Steak House

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Ely
County
St. Louis
State
Minnesota
Longitude
-91.8704142
Latitude
47.9031285

FAQs

What type of property is this?
Restaurant - Two-story building with restaurant and four apartments in Ely.
Where is this restaurant located?
The property is located at 216 E Sheridan St Ely, MN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: - Prime downtown Ely location on Highways 1/169.; - Multi-purpose commercial real estate with restaurant and apartments.; - Restaurant space of 4,014 sq. ft. with seating for 150.
More about this property
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