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    Isabella, MN Babbitt, MN Tower, MN Soudan, MN Embarrass, MN
    Boat Storage and Service Facility
    Updated: Jul 12
    Boat Storage and Service Facility

    2331 Old Hwy 169, Ely, MN 55731

    $498,500
    11.5 acres on a paved road with visibility from the corner of Highway 169 & Grant McMahan, about 5 miles from Ely
    4,920 SF boat storage building with 17‑ft high double doors on each end, plus office with laundry bath
    Includes indoor storage for 14 boats and an upstairs 1BD/1BA year‑round apartment
    Year‑round 1BD/1BA house with screen porch potential to become a 2nd BR
    Boat storage/service business with 128 shrink‑wrapped boats on or off site and 2 pontoon rentals
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Industrial Warehouse with Cold Storage
    Industrial Warehouse with Cold Storage

    4097 Hwy 53, Eveleth, MN 55734

    $1,500,000

    Industrial site with multiple buildings, including cold storage and overhead door access, plus office and break room space.

    View details
    Versatile Distribution and Flex Building
    Versatile Distribution and Flex Building

    1206 E 25th St, Hibbing, MN 55746

    $398,500

    A large commercial building with loading docks, office space, and flexible layout for retail, warehouse, or light industrial use.

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    Warehouse with Loading Docks
    Warehouse with Loading Docks

    1206 E 25th St, Hibbing, MN 55746

    $398,500
    59,760 sqft

    Versatile warehouse and flex building with dedicated office space, loading docks, and a large on-site parking lot.

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    Highway 53 Industrial Opportunity
    Highway 53 Industrial Opportunity

    4097 Hwy 53 S, Eveleth, MN 55734

    $1,500,000
    6.00 AC lot

    6+ acres with multiple buildings suitable for various businesses.

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    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.

    Flex Warehouse with Heated Shops
    Flex Warehouse with Heated Shops

    1270 4th Ave SW, Chisholm, MN 55719

    $435,000
    7,642 sqft 3.10 AC lot

    Multi-bay warehouse with heated and unheated shops, multiple overhead doors, and a large open laydown site.

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    Commercial Land Parcel with Highway Exposure
    Commercial Land Parcel with Highway Exposure

    Tract A Hwy 371, Brainerd, MN 56401

    $390,000
    7.80 AC lot

    Strategically positioned along Hwy 371 with visibility and multiple access points for flexible commercial development options.

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    High-Visibility Commercial Land Parcel
    High-Visibility Commercial Land Parcel

    Tract B HWY 371, Brainerd, MN 56401

    $345,000
    5.30 AC lot

    A 5.3-acre commercial parcel along a major highway corridor with multiple access points for flexible development planning.

    View details
    Milaca Land For Sale
    Milaca Land For Sale

    710 10th Street NE, Milaca, MN 56353

    $375,000

    Land available for sale in Milaca, Minnesota.

    View details

    Ely, MN Warehouses Market Trends and Statistics

    Explore 1 warehouses for sale in Ely, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $498,500.

    Sale prices for warehouse buildings in Ely, MN start at $498,500, averaging $498,500, and reaching up to $498,500 — 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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    Demographics Overview

    Population 5,292
    Population Growth (5Y) -10.5%
    Median Household Income $62,900
    College Educated 54.0%

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in St. Louis County

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