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Cannabis-Approved Retail Building

43 E Camp St Ely, MN 55731

43 E Camp St, Ely, MN, 55731
$165,000
For Sale
$165,000

Two-level commercial building with an approved lower-potency hemp edibles and cannabis retail tenant layout.

Property Size7,000 SF
Price / SF$23.57
Days on Market57

Property Features for 43 E Camp St

General Information

Standard status
Active
Size
7,000 SF
Listing agency Canoe Capital Realty, LLC
Listed by Chad Davis
Source Exprealty
Added: May 26 Updated: Jul 21 at 6:21PM Checked: Jul 21 at 6:21PM

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 Canoe Capital Realty, LLC


Investment Insights

Based on property information with market context.

This is a two-level commercial building with significant pre-opening work already completed for a modern cannabis dispensary. The upper suite (43 E Camp St, Suite 100) is partially demo’d and ready for dispensary build-out, with detailed construction documents and build-out drawings reportedly completed. The lower level is more than 3,000 sq. ft. and currently configured as professional commercial space, featuring a private entrance, dedicated parking lot, multiple offices of varying sizes, generous storage, and two bathrooms.

The City of Ely Planning & Zoning has provided full approval for cannabis retail and lower-potency hemp edibles, and an approval letter is available upon request. Additional materials reportedly available to qualified buyers include pre-existing demolition and preparation plans for the upper suite, along with financial projections and market analysis.

The lower level includes two businesses currently occupying the space, and the tenants are described as willing to terminate their leases or negotiate new terms with an incoming owner.

Key Highlights

  • Over 7,000 sq ft two‑level commercial building at 43 E Camp Street in downtown Ely, MN
  • City of Ely Planning & Zoning has full approval for cannabis retail and lower‑potency hemp edibles (approval letter available upon request)
  • Upper level (Suite 100) is partially demo’d and ready for dispensary build‑out

Property Analytics

Location Intelligence

Current Use by Public Records

Ely Bowling Center Bowling Alley

Suggested Use

Parking Lot & Garage Law Firm Auto Repair Shop HVAC Service Auto Parts Store Kitchen & Bath Showroom Big Box & Wholesale Store Furniture & Home Goods Plumbing Service Garden Center

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

FAQs

What type of property is this?
Cannabis property - Two-level commercial building with an approved lower-potency hemp edibles and cannabis retail tenant layout.
Where is this cannabis property located?
The property is located at 43 E Camp St Ely, MN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Over 7,000 sq ft two‑level commercial building at 43 E Camp Street in downtown Ely, MN; City of Ely Planning & Zoning has full approval for cannabis retail and lower‑potency hemp edibles (approval letter available upon request); Upper level (Suite 100) is partially demo’d and ready for dispensary build‑out
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