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    Ely, MN Retail Properties & Spaces for Sale

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    Minneapolis, MN Rochester, MN Mankato, MN
    7 results
    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 Mixed-Use Income Property
    $275,000
    3,768 SF

    Ely Mixed-Use Income Property

    120 E Sheridan Street, Ely, MN 55731

    Commercial building with income-generating apartments in high-traffic location.

    • 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: Mar 27
    View details
    Ely Commercial/Industrial Opportunity
    $498,500
    720 SF

    Ely Commercial/Industrial Opportunity

    Live and work opportunity in Ely, Minnesota.

    2331 Old Hwy 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
    6,900 SF

    Downtown Ely Commercial Building

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

    29 E Chapman St, Ely, MN 55731
    View details
    Commercial Building in Ely's Downtown
    $375,000
    4,200 SF

    Commercial Building in Ely's Downtown

    Meticulously maintained 4,200 sq ft retail space in Ely.

    137 E Sheridan St, Ely, MN 55731
    View details
    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
    View details
    Based on your search, we've compiled 19 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, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Highway Frontage Commercial Opportunity
    $129,900
    868 SF

    Highway Frontage Commercial Opportunity

    Commercial property with highway frontage, car wash, and residential unit.

    110 Hwy. 53, Cook, MN 55723
    View details
    Highway 53 Commercial Opportunity
    $448,500
    8,640 SF

    Highway 53 Commercial Opportunity

    Commercial building on 0.65 acre corner lot.

    10 S Highway 53, Cook, MN 55723
    View details
    Updated Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Updated Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik,MN.

    400 Main S Street, Biwabik, MN 55708
    View details
    Biwabik Mixed-Use Investment Opportunity
    $950,000
    3,304 SF

    Biwabik Mixed-Use Investment Opportunity

    Updated mixed-use property with apartments and commercial spaces in Biwabik, MN.

    400 Main Street S, Biwabik, MN 55708
    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.

    Hibbing Commercial Land Opportunity
    $195,000

    Hibbing Commercial Land Opportunity

    Prime commercial land with utilities access in Hibbing, Minnesota.

    TBD Old Highway 169, Hibbing, MN 55746
    View details
    Commercial Land on Highway 61
    $344,000

    Commercial Land on Highway 61

    B-1 land available on Highway 61 in Two Harbors.

    1050 HWY 61, Two Harbors, MN 55616
    View details
    Commercial Land Near Westside Commons
    $149,000

    Commercial Land Near Westside Commons

    Commercial land with frontage near Walmart and Westside Commons.

    TBD Hwy 73, Hibbing, MN 55746
    View details
    Commercial Land Near Westside Commons
    $99,000
    664 SF

    Commercial Land Near Westside Commons

    Commercial land for sale near Walmart and Westside Commons.

    3857 HWY 73, Hibbing, MN 55746
    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
    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
    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

    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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