Natural Log Corner Retail
For Sale
$450,000
1600 E Sheridan St, Ely, MN 55731
Natural log building on a prominent corner lot, adjacent to a local grocery store.
Property Size1,353 SF
Price / SF$332.59
Days on Market173
Property Features for 1600 E Sheridan St
General Information
Standard status
Active
Size
1,353 SF
Listing Agency:
Keller Williams Classic Realty NW - Ely
(763) 463-7500
Listed By:
Lori Schulze
(218) 343-1787
Source:
Exprealty
Added: Mar 19
Changed: Sep 4
Last Checked: Sep 7 at 3:56PM
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 Keller Williams Classic Realty NW - Ely
Investment Insights
Based on property information with market context.
This natural log commercial building is situated on a prominent corner lot at the intersection of Sheridan Street and Highway 1 in Ely, Minnesota. The property’s log construction provides a distinctive Northwoods-style presence, and the site includes commercially zoned land intended to support future flexibility.
Located adjacent to a local grocery store, the building benefits from high visibility tied to a central retail setting and straightforward access from both intersecting roadways.
For buyers seeking a standalone specialty offering in Ely, this property combines an established building with room for consideration of site planning and expansion within the commercially zoned footprint.
Located adjacent to a local grocery store, the building benefits from high visibility tied to a central retail setting and straightforward access from both intersecting roadways.
For buyers seeking a standalone specialty offering in Ely, this property combines an established building with room for consideration of site planning and expansion within the commercially zoned footprint.
Key Highlights
- Natural log commercial building on a prominent corner lot at Sheridan Street & Highway 1 in Ely, MN
- Adjacent to the local grocery store, a high‑traffic anchor in town
- Approximately one acre of commercially zoned land with room to expand
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Natural log building on a prominent corner lot, adjacent to a local grocery store.
Where is this specialty property located?
The property is located at 1600 E Sheridan St Ely, MN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Natural log commercial building on a prominent corner lot at Sheridan Street & Highway 1 in Ely, MN; Adjacent to the local grocery store, a high‑traffic anchor in town; Approximately one acre of commercially zoned land with room to expand
