Retail Building with Dual
120 E Sheridan Street Ely, MN 55731
For Sale
$219,000
Commercial building offers four display windows, off-street parking, divisible retail, and two 1-bedroom apartments.
Property Size2,994 SF
Price / SF$73.15
Days on Market318
Property Features for 120 E Sheridan Street
General Information
- Standard status
- Active
- Size
- 2,994 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1910
Listing Agency:
Z'Up North Realty, Inc.
(218) 749-0159
Listed By:
Andrea Zupancich
(218) 749-0159
Source:
Juverealestate
Added: Sep 10, 2025
Changed: Jul 22
Last Checked: Jul 23 at 6:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Z'Up North Realty, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property at 120 E Sheridan Street includes a commercial building with four large display windows, along with off-street parking. The retail space can be divided into two separate units, offering flexibility for a single tenant or multiple tenants.
In addition to the storefront portion, the building has two rentable 1-bedroom apartments, creating dual income potential alongside the commercial use.
Sheridan Street is described as Ely’s principal business corridor, with approximately 7,700 vehicles per day according to the public remarks. The location is also positioned to serve both local customers and transient recreation traffic tied to Ely’s tourism activity, including visitors traveling toward the Boundary Waters Canoe Area Wilderness and other nearby recreation destinations.
In addition to the storefront portion, the building has two rentable 1-bedroom apartments, creating dual income potential alongside the commercial use.
Sheridan Street is described as Ely’s principal business corridor, with approximately 7,700 vehicles per day according to the public remarks. The location is also positioned to serve both local customers and transient recreation traffic tied to Ely’s tourism activity, including visitors traveling toward the Boundary Waters Canoe Area Wilderness and other nearby recreation destinations.
Key Highlights
- 1910‑built 3,000+ SF commercial building on Sheridan Street in Ely
- Four large display windows for retail storefront visibility
- Plenty of off‑street parking available
Property Analytics
Location Intelligence
Current Use by Public Records
The Cabin
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Mixed-use property - Commercial building offers four display windows, off-street parking, divisible retail, and two 1-bedroom apartments.
Where is this mixed-use property located?
The property is located at 120 E Sheridan Street Ely, MN.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 1910‑built 3,000+ SF commercial building on Sheridan Street in Ely; Four large display windows for retail storefront visibility; Plenty of off‑street parking available
