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    Ely, MN
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    Ely, MN Storefront Properties for Sale

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    Babbitt, MN Soudan, MN Tower, MN
    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
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ely, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Renovated Retail Building in Duluth
    $499,900
    1,400 SF

    Renovated Retail Building in Duluth

    Turnkey retail property in Duluth's Lakeside neighborhood.

    4501 E Superior St, Duluth, MN 55804
    View details
    Mixed-Use Building with Storefront
    $215,000
    2,200 SF

    Mixed-Use Building with Storefront

    Mixed-use property featuring a storefront and residential unit.

    1717 Winter St, Superior, WI 54880
    View details
    Renovated Retail Building in Duluth
    $550,000
    2,200 SF

    Renovated Retail Building in Duluth

    Turnkey retail property in Duluth's Lakeside neighborhood.

    4501 E Superior St, Duluth, MN 55804
    View details
    Mixed-Use Building on Winter Street
    $215,000
    2,200 SF

    Mixed-Use Building on Winter Street

    Mixed-use building with storefront and apartment near downtown.

    1717 Winter Street, Superior, WI 54880
    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.

    Superior, WI Commercial Land
    $87,500
    0.34 Acres

    Superior, WI Commercial Land

    Commercial land with high visibility and traffic count.

    2802 E 2nd St, Superior, WI 54880
    View details
    Hinckley Commercial Property For Sale
    $1,500,000
    0.85 Acres

    Hinckley Commercial Property For Sale

    Commercial property off I-35, halfway between Twin Cities and Duluth.

    327 Fire Monument Road, Hinckley, MN 55037
    View details
    Commercial Lot in Siren, WI
    $42,000
    0.44 Acres

    Commercial Lot in Siren, WI

    Prime .44-acre commercial lot ready for development in Siren, WI.

    Tbd 1st Avenue, Siren, WI 54872
    View details
    Corner Lot in Downtown Park Falls
    Contact for pricing
    0.13 Acres

    Corner Lot in Downtown Park Falls

    Corner lot suitable for business in downtown Park Falls, Wisconsin.

    172&184 2ND AVE N, Park Falls, WI 54552
    View details

    Ely, MN Storefront Properties Investment Opportunities Market Analysis

    Explore 1 storefront properties for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 3,768 square feet of properties for sale, with an estimated market value of $275,000.

    Sale prices for retail units in Ely, MN start at $275,000, averaging $275,000, and reaching up to $275,000 — 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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