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Ely, MN Retail Properties for Sale

6 results
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Ely Commercial Property with Income
$285,000
3,768 SF

Ely Commercial Property with Income

120 E Sheridan St, Ely, MN 55731

Commercial building with high traffic and dual rental income.

  • High‑traffic location on Sheridan Street (7,700 vehicles/day) in Ely's main business corridor, ideal for attracting customers.
  • Dual income potential from commercial space and two rentable 1‑bedroom apartments.
  • Versatile commercial space divisible into two separate units for multiple tenants or increased rental income.
  • 3,000+ sq ft commercial building with four large display windows for showcasing merchandise.
  • Located in a tourism‑rich area near the Boundary Waters Canoe Area Wilderness, state parks, and resorts.
Updated: Sep 9, 2025
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Downtown Ely Commercial Building
$299,000
6,900 SF

Downtown Ely Commercial Building

29 E Chapman St, Ely, MN 55731

Two-level, 6,900 SF commercial building in downtown Ely.

  • Prime downtown Ely location.
  • Two levels with separate entrances, suitable for multiple businesses.
  • Large total square footage (6,900 sq ft) with open floor plans on both levels.
  • Main level features a large open space, private room, and two overhead garage doors.
  • Second level includes a stage, kitchen, and private office.
Updated: Dec 3, 2025
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Bar and Grill Opportunity
$249,000
2,840 SF

Bar and Grill Opportunity

Bar and grill with outdoor seating near Babbitt entrance.

2667 Hwy 70, Ely, MN 55731
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Ely Commercial/Industrial Opportunity
$498,500
720 SF

Ely Commercial/Industrial Opportunity

Live and work opportunity in Ely, Minnesota.

2331 Old Highway 169, Ely, MN 55731
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Ely Commercial Live-Work Opportunity
$498,500
11.50 Acres

Ely Commercial Live-Work Opportunity

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

2331 Old Highway 169, Ely, MN 55731
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Mixed-Use Building in Downtown Ely
$390,000
8,078 SF

Mixed-Use Building in Downtown Ely

Two-story building with restaurant and four apartments in Ely.

216 E Sheridan St, Ely, MN 55731
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 6 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.

Established Restaurant in Aurora, MN
$425,000
2,250 SF

Established Restaurant in Aurora, MN

Turn-key restaurant opportunity in the heart of Aurora, Minnesota.

114 N Main St, Aurora, MN 55705
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Established Car Wash on Main
$159,900
2,774 SF

Established Car Wash on Main

Well-established car wash business opportunity on Main Street in Aurora.

101 Main St S, Aurora, MN 55705
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Highway 53 Commercial Location
$448,500
8,640 SF

Highway 53 Commercial Location

Commercial/Industrial property on Highway 53 with city utilities.

10 Highway 53 S, Cook, MN 55723
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Highway 53 Commercial Location
$448,500
0.65 Acres

Highway 53 Commercial Location

Commercial property on Hwy 53 with city utilities in Cook, MN.

10 Highway 53 S, Cook, MN 55723
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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.

205 Central Ave

205 Central Ave

AUTO REPAIR, GARAGE • 3,500 SF
Value Estimation
$555,000
205 Central Ave, Ely, MN 55731-1212
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134 1st E Ave

134 1st E Ave

RETAIL STORES (PERSONAL SERVICES) • 3,696 SF
Value Estimation
$300,000
134 1st E Ave, Ely, MN 55731-1772
View details
14564 Snow Ldg Rd

14564 Snow Ldg Rd

BAR, TAVERN • 2,112 SF
Value Estimation
$740,000
14564 Snow Ldg Rd, Ely, MN 55731-8293
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14641 Canadian Border Rd

14641 Canadian Border Rd

RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
Value Estimation
$580,000
14641 Canadian Border Rd, Ely, MN 55731
View details

Ely, MN Retail Properties Investment Opportunities Market Analysis

Explore 10 retail properties for sale in Ely, MN, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 1,163,923 square feet of properties for sale, with an estimated market value of $1,818,500.

Prices for stores in Ely, MN start at $498,500, averaging $606,166, and reaching up to $740,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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