29 E Chapman St Ely, MN 55731

Property Details for 29 E Chapman St

Year built

1963

Property size

6,900 SF

Property type

Commercial real estate

APN

030-0010-01600

APU

30001001600

Description

This exceptional commercial property, located at 29 E Chapman St in the heart of downtown Ely, MN, offers a unique opportunity for business owners. Spanning 6,900 square feet across two levels, each floor boasts 3,450 square feet of versatile space. The main level features two private rooms with tile flooring, a spacious open area also with tile, and two bathrooms. A convenient utility room houses the furnace and electrical system, and two overhead garage doors offer potential for rear access, subject to renovation. The upper level, previously used as a billiard hall, includes a large open area, a secondary room with a stage, a kitchen, and two additional bathrooms. A private room on this level could easily serve as an office. A rear deck/patio area provides outdoor space. The building's design, with separate private entrances for each level, allows for the possibility of two distinct business ventures operating simultaneously. The 0.19-acre lot provides ample space for this established building in a prime downtown location. This property presents significant potential for a variety of commercial uses. Its size, layout, and central location make it an attractive investment opportunity in the thriving Ely, MN market.

Location Insight

City

Ely

County

St. Louis

State

Minnesota

Longitude

-91.8661

Latitude

47.9026

CBSA code

20260

CBSA name

DULUTH, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments