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Ely, MN Mixed-use Properties for Sale

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Ely Commercial/Industrial Opportunity
$498,500
720 SF

Ely Commercial/Industrial Opportunity

2331 Old Highway 169, Ely, MN 55731

Live and work opportunity in Ely, Minnesota.

  • Established boat storage/rental/servicing business with verifiable financials and growth potential.
  • Includes a year‑round 1 bedroom house (potential for 2nd bedroom) and a 1 bedroom apartment, offering living and rental income.
  • Features a large 4920 sq ft storage building with high doors, office, laundry, and indoor boat storage.
  • 11.5 acre property with highway visibility and ample outdoor storage space for 50+ boats with room for expansion.
  • Turnkey operation with existing contracts for storage, winterization, and launch services, plus pontoon rentals and shrink wrapping services.
Updated: Jul 13, 2025
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Ely Commercial Live-Work Opportunity
$498,500
11.50 Acres

Ely Commercial Live-Work Opportunity

2331 Old Highway 169, Ely, MN 55731

Live and work opportunity in Ely, Minnesota with passive income.

  • Established boat storage/rental/servicing business with verifiable financials.
  • Passive income and excellent growth potential in the recreational boating industry.
  • Includes a year‑round 1‑bedroom house (potential for 2nd bedroom) and a 1‑bedroom apartment.
  • Large 4920 sq ft storage building with office, laundry, bath, and indoor boat storage.
  • Located on 11.5 acres with high visibility from Highway 169, near Ely.
Updated: Jul 13, 2025
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Ely Mixed-Use Investment Opportunity
$419,900
0.29 Acres

Ely Mixed-Use Investment Opportunity

Historic building, retail & apartment

401 Sheridan St, Ely, MN 55731
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Duluth Mixed-Use Investment Opportunity
$795,000
13,548 SF

Duluth Mixed-Use Investment Opportunity

Turnkey Restaurant, 13,548 SF, 4 Acres

5906 Old Miller Trunk Hwy, Duluth, MN 55811
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Duluth Mixed-Use Investment Opportunity
$350,000
0.87 Acres

Duluth Mixed-Use Investment Opportunity

Prime Duluth location, 0.87-acre lot, $350,000.

1621 Maple Grove Rd, Duluth, MN 55811
View details
Mixed-Use Building with Storefront
$215,000
2,200 SF

Mixed-Use Building with Storefront

Mixed-use property featuring a storefront and residential unit.

1717 Winter St, Superior, WI 54880
View details
Downtown Superior Commercial Opportunity
$795,000
13,850 SF

Downtown Superior Commercial Opportunity

Finishable space suited for retail, office, or mixed-use development.

1309 Tower Ave, Superior, WI 54880
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Explore Off-Market Properties in Ely, MN

Consider similar Off-Market properties in Ely, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3231 Wolf Lake Rd

3231 Wolf Lake Rd

Hotels • 5,250 SF
Value Estimation by Request
3231 Wolf Lake Rd, Ely, MN 55731
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342 Sheridan St

342 Sheridan St

Specialty properties • 2,240 SF
Value Estimation by Request
342 Sheridan St, Ely, MN 55731
View details
401 Sheridan St

401 Sheridan St

Mixed-use properties • 0.29 Acres
Value Estimation by Request
401 Sheridan St, Ely, MN 55731
View details

Ely, MN Mixed-Use Properties Investment Opportunities Market Analysis

Explore 6 mixed-use properties for sale in Ely, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 513,572 square feet of properties for sale, with an estimated market value of $918,400.

Prices for multi use buildings in Ely, MN start at $419,900, averaging $459,200, and reaching up to $498,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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