2279 Grant Mcmahan Boulevard Ely, MN ^$ 2,250,000

2279 Grant Mcmahan Boulevard

^$ 2,250,000

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2279 Grant Mcmahan Boulevard

Ely, MN, 55731

^$ 2,250,000

Bedrooms-- Baths0.0 Sq 7,000

Monthly Estimate*

^$ 14,037

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Commercial Property for sale in Ely, MN

for $2,250,000. This 7,000 square foot building was built in 2013 on a lot size of 10.73 Acre(s).

WELL MAINTAINED FULL SERVICE BWCA AREA RESORT with BOOKS THAT SUPPORT THE ASKING PRICE. Set on paved road with 10.7 acres and 1, 015 ft south facing lakeshore on beautiful Shagawa Lake, just 7 miles to Ely. Shagawa is a 2344 acre lake, 48 ft deep, historically one of the best walleye lakes in the area where anglers pursue them nearly year round. Property offers 10 cabins, fishing boat rentals & the largest fleet of pontoon boat rentals in the area. Ample room for expansion in this growing market. Turn key opportunity to own your own popular business on a popular lake!

Commercial Active

Price

^$ 2,250,000

Property Type

Commercial

Taxes

^$ 3,758

Lot Size

10.73 Acre(s)

Year Built

2013

Town/City

Ely

County/Region

Saint Louis

MLS | Web ID

6231217

Features

Interior

Cooling System Window Unit(s)

Heating System Common Forced Air

Sewer Private Sewer

Water Source Private Well

Exterior

Community Amenities Beach

Exterior Deck

Lot Description Irregular Lot

Parking 1-20 Open Parking Spaces Gravel

Road Frontage Public Maintained Road

Roof Metal

Siding Wood Exterior

Waterfront Description Lake

Miscellaneous

Commercial Sale Includes Building Sale Includes Business Sale Includes Land

Utilities Electric

View East Lake View Panoramic South West

* Excluded Features

List By

Janisch Realty, Inc

Broker

Lisa@JanischRealty.com

Affordability Calculator

$14,350

Per Month

Monthly Principal & Interest: $14,037
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Ely, MN

Average List Price ^$1,006,250

Percent of Sale Price 55%

About Ely, MN

3,601 Population

-3% Since 2002

^$35,741 Median Income

44.39 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

Ely School District

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2279 Grant Mcmahan Boulevard, Ely, MN, 55731 is a Commercial Property for sale at $2,250,000 with 7,000 sqft and a lot size of 10.73 Acre(s). 2279 Grant Mcmahan Boulevard has 0.0 baths and was built in 2013. The property's zip code is 55731 which is in Ely, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/9/2023.

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2279 Grant Mcmahan Boulevard

Commercial Property for sale in Ely, MN

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