Ely, Minnesota is a great place to live and work! Take the opportunity to have your own successful commercial business in the Ely area! Rental units in Ely are also to be desired. Enjoy living and working right on the edge of the BWCA (Boundary Waters Canoe Area) in the middle of northeastern Minnesota's great northwoods. Bear Island Land Co., Inc. will help you find the business or commercial opportunity you are in the market for.
NEW LISTING! Rare opportunity to purchase commercial lots on the east end of Ely. There are two lots ranging in size from 1-2+/- acres. These lots are in a prime location with high traffic counts and other commercial anchors already in place. Great visibility on Ely's main street.
Listing #3099 & #3100
$125,000 - $245,000
MLS #6000814 & #600815
Purchase an established business on Ely's main street with high visibility and central location, or move your new business in and live upstairs! Inches Away is a women's athletic facility that has been running for nearly a decade in Ely. Located upstairs is a beautifully updated 3BR apartment with 1,600+/- sq. ft. of living space for use as a personal home or could be rented for additional income. Garage with office space.
The historic Tanner Building is on the National Historic Register. It was originally built as a hospital in 1903 and then became an apartment building after the hospital closed with several apartments throughout the building. The present owner has opened up the entire interior to make the renovations easier. The central downtown location makes it ideal for a variety of business ventures.
This large commercial building is on a very busy corner in the center of Ely's downtown shopping district - right across the street from Ace Hardware and Wells Fargo Bank. The 2-story building has over 9,000 sq. ft. of nicely finished space, and is divided into three different units on the main floor, and at least 2 units on the second floor.
Vertins Cafe is a historic Ely business, having been established in 1938. The 5,900 sq. ft. building has a cafe in the front and a pub and beautiful dining room in the back. Includes all fixtures, restaurant, dining and kitchen equipment and the real estate. 50 x 125 parking lot behind the restaurant.
This commercially zoned building has good visibility, being located just a half block off from Sheridan Street. The concrete block building measures 49' x 40' and has a large open room, a display area, a kitchen and half bath. The building has most recently been a church, but would lend itself to a variety of business ventures. Owners are offering this for substantially less than the assessed market value.