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Listed price in listed location currency (USD).
$450,000

000

MLS® 6124106

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 1353 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 0
Avg. Price Per Sqft $332
MLS® Number 6124106

Property Address: 1600 E Sheridan St, Ely, MN, 55731

Average square foot calculated using Size range provided by listing agent.

Description

Seize a rare opportunity to own a one-of-a-kind commercial property in the heart of Ely, Minnesota — the gateway to the Boundary Waters Canoe Area Wilderness. Situated on a prominent corner lot at the intersection of bustling Sheridan Street and Highway 1, adjacent to the local grocery store, one of the highest traffic anchors in town, this distinctive log building offers maximum visibility, easy access, and unmatched exposure. Set on approximately one acre of commercially zoned land, the property offers ample room to expand, providing long-term flexibility for growth. The natural log construction lends an authentic Northwoods aesthetic that resonates deeply with both the local community and many outdoor enthusiasts, anglers, and adventurers who pass through Ely each year. Ely is Northern Minnesota's premier four-season destination, drawing visitors for BWCA canoe trips, ice fishing, dog sledding, hiking, and fall foliage — and a growing wave of remote workers and retirees choosing small-town Northwoods living. Prime commercial corners in Ely rarely come to market, making this a standout opportunity for investors and business owners alike.
MLS® Number6124106
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age0
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$450,000List Price
  • Commute

Commute

Starting Address
Destination Address
1600 E Sheridan St, Ely, MN

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