Search
Mixed-Use Property with Rooftop Deck
For Sale
$230,000

133 E Chapman Street, Ely, MN 55731

An open commercial floor occupies the main level, with a one-bedroom apartment above and off-street parking.

Property Size3,030 SF
Price / SF$75.91
Days on Market118

Property Features for 133 E Chapman Street

General Information

Standard status Active
Size 3,030 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Mixed-Use Components retail, residential
Property Use Office

Taxes and HOA fees

Annual Taxes $3,303

Amenities

private rear entrance
rooftop deck
off-street parking

Building Details

Building Size 3,030 SF
Year Built 1900
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: Z'Up North Realty, Inc.
Listed By: Julian Rasmusson · License #40637100
Source: Driveresultsrealty
Added: Jun 29 Changed: Oct 23 Last Checked: Oct 23 at 4:39PM

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,030-square-foot mixed-use property at 133 E Chapman Street in Ely has an open main-level commercial floor and a one-bedroom apartment upstairs. The apartment has a private rear entrance, and a rooftop deck adds outdoor space. Off-street parking is also available.

Built in 1900, the property is zoned Business/Commercial. The commercial level’s open layout and the upstairs residential unit provide distinct spaces within one building.

Key Highlights

  • 3,030 square feet of mixed‑use space
  • Open commercial floor on the main level
  • Upstairs one‑bedroom apartment with private rear entrance

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

WELY Radio Station

Suggested Use

Top Pick Parking Lot & Garage Law Firm Auto Repair Shop HVAC Service Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 55731, MN

5,494
Population
4,954
Households
1.1
Avg Household Size
54
Median Age
41%
College-Educated
94%
High-School Grad
1,606.7 sq mi
ZIP Area
3
Density / Sq Mi
$62,900
Median Household Income
$31,840
Median Earnings
$641
Median Rent
$202,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - An open commercial floor occupies the main level, with a one-bedroom apartment above and off-street parking.
Where is this mixed-use property located?
The property is located at 133 E Chapman Street Ely, MN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 3,030 square feet of mixed‑use space; Open commercial floor on the main level; Upstairs one‑bedroom apartment with private rear entrance
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved