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    Ely, MN
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    Ely, MN Specialty Properties for Sale

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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN
    Boat Storage Marina Property
    Updated: Jul 12
    Boat Storage Marina Property

    2331 Old Hwy 169, Ely, MN 55731

    $459,000
    11.5‑acre MU‑5 mixed‑use property near Ely
    4,920 SF storage building with 17‑foot‑high double doors at each end
    Indoor storage for 14 boats plus outdoor storage for 50+ boats
    Current capacity includes 128 boats shrink‑wrapped on or off site
    One‑bedroom house and one‑bedroom upstairs apartment, both year‑round
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    Marina with Boat Storage
    Updated: Aug 15
    Marina with Boat Storage

    2331 Old Highway 169, Ely, MN 55731

    $459,000
    720 sqft 11.50 AC lot
    11.5 acres at the corner of Highway 169 and Grant McMahan
    4,920 SF storage building with 17‑foot‑high double doors on each end
    Indoor storage for 14 boats plus 50 + boats stored outside
    Year‑round 1B/1B house and upstairs 1B/1B apartment
    Boat storage, rental, servicing, retrieval, winterization, and launch operations
    View details
    Natural Log Corner Retail Building
    Natural Log Corner Retail Building

    1600 E Sheridan St, Ely, MN 55731

    $450,000
    1,353 sqft

    Natural log building on a prominent corner lot, adjacent to a local grocery store.

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    See hot listings in Ely

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Established Ice Business Opportunity
    Established Ice Business Opportunity

    442 N 15th Ave E, Ely, MN 55731

    $349,000
    0.16 AC lot

    Well-established ice business with real estate and equipment included.

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    Based on your search, we've compiled 39 Potential Opportunities for your consideration. Besides 4 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 31 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Riverfront Resort with Cabins
    Riverfront Resort with Cabins

    10418 Ash River Trl, Orr, MN 55771

    $2,500,000
    18,430 sqft 10.00 AC lot

    Hospitality property with lodging, marina facilities, owner accommodations, staff housing, and a full-service dining venue.

    View details
    Church Building with Classrooms
    Church Building with Classrooms

    32 Church St, Soudan, MN

    $150,000
    5,046 sqft

    Well-maintained church building with sanctuary, classrooms, office space, and a full lower level, plus two on-site storage buildings.

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    Riverfront Cabin Resort
    Riverfront Cabin Resort

    10418 Ash River Trail, Orr, MN 55771

    $2,500,000

    Hospitality property with cabins, docks, lodging support spaces, and an on-site restaurant and bar.

    View details
    Church Property with Full Lower Level
    Church Property with Full Lower Level

    32 Church Street, Soudan, MN 55782

    $150,000

    Maintained church building with sanctuary, classrooms, offices, kitchen, dining space, and two on-site storage structures.

    View details

    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.

    33 Chapman St
    CHARITABLE ORGANIZATION

    33 Chapman St, Ely, MN 55731-1227

    Estimated value:
    $155,000
    1,849 sqft
    View details
    3373 Cloquet Line
    CHARITABLE ORGANIZATION

    3373 Cloquet Line, Ely, MN 55731

    Estimated value:
    $800,000
    5,400 sqft 15.70 AC lot
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $295,000
    420 sqft 80.00 AC lot
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $55,000
    700 sqft 1.00 AC lot
    View details
    15 Conan St
    CHARITABLE ORGANIZATION

    15 Conan St, Ely, MN 55731-1233

    Estimated value:
    $70,000
    2,027 sqft
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $220,000
    145.20 AC lot
    View details
    1759 Bradach Rd
    CHARITABLE ORGANIZATION

    1759 Bradach Rd, Ely, MN 55731-8041

    Estimated value:
    $65,000
    342 sqft
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $75,000
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $45,000
    707 sqft 1.08 AC lot
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $255,000
    1.15 AC lot
    View details
    106 Wilson St
    CHARITABLE ORGANIZATION

    106 Wilson St, Ely, MN 55731-1362

    Estimated value:
    $295,000
    1,581 sqft
    View details
    Ely, MN 55731
    CHARITABLE ORGANIZATION

    Ely, MN 55731

    Estimated value:
    $245,000
    180 sqft 0.49 AC lot
    View details
    3590 Cloquet Line
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3590 Cloquet Line, Ely, MN 55731

    Estimated value:
    $250,000
    40.00 AC lot
    View details
    Ely, MN 55731
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Ely, MN 55731

    Estimated value:
    $260,000
    40.00 AC lot
    View details
    Ely, MN 55731
    COLLEGE, UNIVERSITY, VOC SCHOOL

    Ely, MN 55731

    Estimated value:
    $260,000
    40.00 AC lot
    View details
    1926 Hwy 169
    CHARITABLE ORGANIZATION

    1926 Hwy 169, Ely, MN 55731-8130

    Estimated value:
    $2,580,000
    20,000 sqft 38.90 AC lot
    View details
    1140 Main St
    CHARITABLE ORGANIZATION

    1140 Main St, Ely, MN 55731-1703

    Estimated value:
    $300,000
    4,588 sqft
    View details
    3117 Van Vac Rd
    CHARITABLE ORGANIZATION

    3117 Van Vac Rd, Ely, MN 55731-8438

    Estimated value:
    $70,000
    384 sqft
    View details

    Ely, MN Specialty Properties Market Trends and Statistics

    Explore 35 specialty properties for sale in Ely, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 2,073 square feet of properties for sale, with an estimated market value of $1,717,000.

    Sale prices for properties in Ely, MN start at $349,000, averaging $429,250, and reaching up to $459,000 — 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

    Marinas 2

    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 $429.3K

    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)

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