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    Ely, MN
    Live - Work Space

    Ely, MN Live-work Space for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN
    Mixed-Use Property with Rooftop Deck
    Updated: Jun 29
    Mixed-Use Property with Rooftop Deck

    133 E Chapman Street, Ely, MN 55731

    $230,000
    3,030 sqft
    3,030 square feet of mixed‑use space
    Open commercial floor on the main level
    Upstairs one‑bedroom apartment with private rear entrance
    Rooftop deck
    Off‑street parking
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    See hot listings in Ely

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Property with Parking
    Mixed-Use Property with Parking

    1132 E 9th St, Duluth, MN 55805

    $350,000
    1,891 sqft

    Flexible layout combines commercial space with residential accommodations near downtown and public transportation.

    View details
    Lakefront Mixed-Use Property
    Lakefront Mixed-Use Property

    90 Maple Ave E, Mora, MN 55051

    $314,000
    2,464 sqft

    B-1-zoned property combines a main-level business area with an upper-level apartment.

    View details
    Remodeled Live-Work Building
    Remodeled Live-Work Building

    15 W Redwing St, Duluth, MN 55803

    $348,000
    2,080 sqft

    Completely remodeled building with office space and a rented one-bedroom apartment, plus off-street parking.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    90 Maple Avenue E, Mora, MN 55051

    $314,000
    0.45 AC lot

    A ground-floor business area and separate upstairs residence create an on-site live-work configuration.

    View details

    Ely, MN Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 3,030 square feet of properties for sale, with an estimated market value of $230,000.

    Sale prices for live-work properties in Ely, MN average $230,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coworking space 3
    Office Units 2

    Demographics Overview

    Population 5,292
    Population Growth (5Y) -10.5%
    Median Household Income $62,900
    College Educated 54.0%

    Taxes & Financing

    Tax Rate (average for all types) 1.56%
    Property Tax per SF $11.67 per SF
    Tax Rate vs County Average 1.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in St. Louis County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

    Office

    Residential Income

    How Realmo verifies these figures

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    Featured Ely Real Estate Agencies

    Realmo connects you with licensed Ely CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Bear Island Realty, LLC
    943 E Sheridan St Ely, MN
    Phone: (218) 365-2800
    Wildwoods Land Company
    1325 E Sheridan St Ely, MN
    Phone: (218) 365-3665
    www.elywildwoods.com
    Canoe Capital Realty LLC
    203 E. Sheridan St Ely, MN 55731
    Phone: (218) 235-1084
    elycanoecapitalrealty.com/
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