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    Ely, MN Retail Properties & Spaces for Sale

    7 results
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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
    View details
    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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    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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    Downtown Ely Commercial Building
    $299,000

    Downtown Ely Commercial Building

    Two-level commercial building in downtown Ely with business potential.

    29 E Chapman St, Ely, MN 55731
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    Downtown Ely Commercial Building For Sale
    $395,000

    Downtown Ely Commercial Building For Sale

    Meticulously maintained retail space with investment and conversion potential.

    137 E Sheridan St, Ely, MN 55731
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    Mixed-Use Building in Downtown Ely
    Contact for pricing
    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
    View details
    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 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.

    Nordic-Inspired Boutique on Main Street
    $350,000
    1,200 SF

    Nordic-Inspired Boutique on Main Street

    Charming retail space in Tower, MN, gateway to Lake Vermilion.

    303 Main St, Tower, MN 55790
    View details
    Mixed-Use Property in Tower, MN
    $176,000
    1,512 SF

    Mixed-Use Property in Tower, MN

    Commercial property with residential living quarters in downtown Tower.

    507 Main St, Tower, MN 55790
    View details
    Mesaba Drug Store in Hoyt Lakes
    $347,500
    14,600 SF

    Mesaba Drug Store in Hoyt Lakes

    Classic pharmacy and variety store serving Hoyt Lakes and surrounding areas.

    221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750
    View details
    Mesaba Drug Store For Sale
    $347,500

    Mesaba Drug Store For Sale

    Community staple pharmacy and variety store in Hoyt Lakes, Minnesota.

    221 Kennedy Memorial Dr, Hoyt Lakes, MN 55750
    View details

    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.

    14641 Canadian Border Rd

    14641 Canadian Border Rd

    RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
    Value Estimation
    $635,000
    14641 Canadian Border Rd, Ely, MN 55731
    View details
    205 Central Ave

    205 Central Ave

    AUTO REPAIR, GARAGE • 3,500 SF
    Value Estimation by Request
    205 Central Ave, Ely, MN 55731-1212
    View details
    134 1st E Ave

    134 1st E Ave

    RETAIL STORES (PERSONAL SERVICES) • 3,696 SF
    Value Estimation by Request
    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
    $805,000
    14564 Snow Ldg Rd, Ely, MN 55731-8293
    View details

    Ely, MN Retail Properties & Spaces Investment Opportunities Market Analysis

    Explore 11 retail properties & spaces for sale in Ely, MN, showcased through 7 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.

    Sale 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 stay ahead with the latest data and market trends.

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