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    Ely, MN Retail Space for Sale

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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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    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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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Virginia Storefront: Sporting Goods Business
    $699,000
    5,476 SF

    Virginia Storefront: Sporting Goods Business

    Turnkey Sporting Goods Store in Virginia, MN

    105 3Rd Ave, Virginia, MN 55792
    View details
    Uptown Virginia Mall Investment Opportunity
    $3,996,000

    Uptown Virginia Mall Investment Opportunity

    Grocery-anchored mall with high occupancy and future growth potential.

    1414 South 12Th Ave West | Virginia, Virginia, MN 55792
    View details
    Highway Frontage Retail/Office Space
    $229,000
    2,016 SF

    Highway Frontage Retail/Office Space

    Retail and office space with high visibility highway frontage.

    4303 Highway 53 N, Orr, MN 55771
    View details
    Highway 53 Multi-Use Site
    $229,000
    4.77 Acres

    Highway 53 Multi-Use Site

    4.77-acre site with heated storage building near Pelican Lake.

    4303 Highway 53 N, Orr, MN 55771
    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.

    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
    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

    Ely, MN Retail Space Investment Opportunities Market Analysis

    Explore 6 retail space for sale in Ely, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 331,927 square feet of properties for sale, with an estimated market value of $580,000.

    Prices for retail space in Ely, MN start at $580,000, averaging $580,000, and reaching up to $580,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    • 55731

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