520 Sheridan St Ely, MN 55731-1458

Property Details for 520 Sheridan St

Year built

1960

Property size

2,059 SF

Property type

Commercial real estate

APN

030-0370-01210

APU

30037001210

Description

This exceptional business opportunity presents the chance to acquire Sir G's Italian Restaurant, a well-established eatery in Ely, Minnesota. Located on Sheridan Street, a high-traffic area with an estimated 5,800 daily vehicles passing by, this property boasts significant visibility and potential for continued success. The restaurant itself encompasses over 2,059 square feet, providing ample space for both dining and kitchen operations. The sale includes not only the 0.22-acre real estate and building but also all necessary equipment and treasured recipes, ensuring a seamless transition for the new owner. Sir G's is known for its iconic Italian cuisine and unique atmosphere, featuring hand-painted artwork depicting Tuscan landscapes. This long-standing Ely tradition offers a proven cash flow and significant potential for growth. The sale presents a turnkey operation, allowing a new owner to immediately capitalize on the established customer base and reputation. This is a rare opportunity to own a piece of Ely's history and build upon a successful, existing business. The property's prime location and the included equipment and recipes make this a truly compelling investment. Don't miss this chance to own a thriving restaurant in a vibrant community.