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    Ely, MN
    Marina

    Ely, MN Marinas for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN
    Boat Storage Marina Property
    Updated: Jul 12
    Boat Storage Marina Property

    2331 Old Hwy 169, Ely, MN 55731

    $459,000
    11.5‑acre MU‑5 mixed‑use property near Ely
    4,920 SF storage building with 17‑foot‑high double doors at each end
    Indoor storage for 14 boats plus outdoor storage for 50+ boats
    Current capacity includes 128 boats shrink‑wrapped on or off site
    One‑bedroom house and one‑bedroom upstairs apartment, both year‑round
    View details
    Marina with Boat Storage
    Updated: Aug 15
    Marina with Boat Storage

    2331 Old Highway 169, Ely, MN 55731

    $459,000
    720 sqft 11.50 AC lot
    11.5 acres at the corner of Highway 169 and Grant McMahan
    4,920 SF storage building with 17‑foot‑high double doors on each end
    Indoor storage for 14 boats plus 50 + boats stored outside
    Year‑round 1B/1B house and upstairs 1B/1B apartment
    Boat storage, rental, servicing, retrieval, winterization, and launch operations
    View details
    See hot listings in Ely

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Riverfront Resort with Cabins
    Riverfront Resort with Cabins

    10418 Ash River Trl, Orr, MN 55771

    $2,500,000
    18,430 sqft 10.00 AC lot

    Hospitality property with lodging, marina facilities, owner accommodations, staff housing, and a full-service dining venue.

    View details
    Riverfront Cabin Resort
    Riverfront Cabin Resort

    10418 Ash River Trail, Orr, MN 55771

    $2,500,000

    Hospitality property with cabins, docks, lodging support spaces, and an on-site restaurant and bar.

    View details
    Resort Property with Private Harbor
    Resort Property with Private Harbor

    44033 Conifer Street, Aitkin, MN 56431

    $899,000
    9.04 AC lot

    An on-site residence and former dining space accompany fishing and camp-site operations.

    View details
    Lakeside Resort With Private Harbor
    Lakeside Resort With Private Harbor

    44033 Conifer St, Aitkin, MN 56431

    $899,000

    Includes an on-site home and former bar and restaurant space for hospitality reuse.

    View details

    Ely, MN Marinas Market Trends and Statistics

    Explore 2 marinas for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 720 square feet of properties for sale, with an estimated market value of $918,000.

    Sale prices for boat yards in Ely, MN average $459,000 — 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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    Marinas 2

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Ely submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55731 $459K

    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)

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