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Established Ice Business Opportunity
For Sale
$349,000

442 N 15th Ave E, Ely, MN 55731

Well-established ice business with real estate and equipment included.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market816

Property Features for 442 N 15th Ave E

General Information

Standard status Active
Lot size 0.16 Acres

Taxes and HOA fees

Annual Taxes $1,443
Listing Agency: Ely Realty
Listed By: Janet Erchul
Source: Exprealty
Added: May 27, 2024 Changed: Aug 20 Last Checked: Aug 20 at 11:34AM

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 Ely Realty

Investment Insights

Based on property information with market context.

This is a business opportunity located in Ely, Minnesota. The well-established business has a good client base in Ely and the surrounding area. The business makes ice blocks and cubes to be delivered to businesses. Included in the sale are the real estate, freezers, merchandisers, 750 lb capacity ice bins, ice and beverage coolers, 2 walk-in freezers, a delivery vehicle, and an International freezer truck. A full equipment and inventory list is available. This is a great owner-operated business in Northern Minnesota in the Boundary Waters Canoe Area.

Key Highlights

  • Established business with existing client base.
  • Includes real estate in Ely, Minnesota.
  • Complete ice‑making and delivery equipment included (freezers, ice bins, delivery vehicle, etc.).

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Pharmacy Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

145
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Well-established ice business with real estate and equipment included.
Where is this specialty property located?
The property is located at 442 N 15th Ave E Ely, MN.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Established business with existing client base.; Includes real estate in Ely, Minnesota.; Complete ice‑making and delivery equipment included (freezers, ice bins, delivery vehicle, etc.).
More about this property
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