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    Isabella, MN Babbitt, MN Tower, MN
    Ely MN Resort on Moose Lake
    Updated: Nov 21, 2025
    Ely MN Resort on Moose Lake

    14694 Vosburgh Road, Ely, MN 55731

    $1,800,000
    3 sqft
    Premier Boundary Waters Canoe Area Wilderness (BWCAW) outfitter business with 500 feet of Moose Lake shoreline.
    Located adjacent to the Boundary Waters Canoe Area Wilderness and Quetico Provincial Park, offering direct access to world‑class canoeing and outdoor recreation.
    Established business with a 60‑year operating history and lodging accommodations for up to 109 individuals.
    Includes a lodge, full‑service dining room, and retail store equipped with canoes and camping equipment.
    Features a 5‑bed, 3‑bath home and ±2.14 acres of development land.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turnkey Resort on Turtle Flambeau
    Turnkey Resort on Turtle Flambeau

    2974N HIAWATHA RD, Butternut, WI 54514

    $1,570,000
    1,500 sqft · 3.10 AC lot

    Established resort with cabins, bar, grill, and lake access.

    View details
    Lake Delta Resort with Bar
    Lake Delta Resort with Bar

    12770 Scenic Drive, Iron River, WI 54847

    $1,295,000
    5,040 sqft · 14.00 AC lot

    Resort with bar, restaurant, and 3-bedroom home on Lake Delta.

    View details
    Waterfront Restaurant and Cabins
    Waterfront Restaurant and Cabins

    11633 LAKEVIEW DR, Butternut, WI 54514

    $849,000
    2.70 AC lot

    Own a Northwoods waterfront operation with on-site dining, multiple cabins, and direct access to Butternut Lake.

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    Lakefront Resort and Restaurant
    Lakefront Resort and Restaurant

    12770 Scenic Dr, Iron River, WI 54847

    $1,295,000

    Lakefront resort with on-site bar and restaurant, attached owner home, and three rental cabins.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Development Land Parcel
    Waterfront Development Land Parcel

    Saint Ignace, MI 49781

    $2,200,000
    51.33 AC lot

    51+ acre waterfront parcel with extensive Lake Huron shoreline and road frontage, offering multiple access points.

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    Wooded Resort Homesite Land Parcel
    Wooded Resort Homesite Land Parcel

    207 Shadow Glen, Bellaire, MI 49615

    Contact for pricing
    0.75 AC lot

    Build a private home on a wooded homesite with a perk test on file and key utilities available.

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    Golf Course Lot in Gaylord
    Golf Course Lot in Gaylord

    Par B-C Northstar Road, Gaylord, MI 49735

    $45,000
    2.00 AC lot

    2-acre golf course lot with amenities near I-75.

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    Buildable Lot in Gated Community
    Buildable Lot in Gated Community

    526 Fountains Drive, Lewiston, MI 49756

    Contact for pricing

    Buildable lot in Garland Lodge and Golf Resort, Lewiston, MI.

    View details

    Ely, MN Resorts Market Trends and Statistics

    Explore 1 resorts for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 3 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for resorts in Ely, MN start at $1,800,000, averaging $1,800,000, and reaching up to $1,800,000 — 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

    Resorts 1

    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 $1.8M

    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

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