420 E Sheridan Street Ely, MN $ 174,900
420 E Sheridan Street
$ 174,900
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420 E Sheridan Street

Ely, MN, 55731
$ 174,900
Baths0.0 Sq 2,400

Monthly Estimate*

$ 1,162

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Studio

Commercial Property for sale in Ely, MN

for $174,900. This 2,400 square foot building was built in 1920 on a lot size of 0.07.

Well Maintained Prime Commercial Location On Ely’s Main Street, High Visibility, Heavy Foot Traffic, Excellent Rental History. 1150SF retail space on the main offers storefront windows & established salon, in the past has been a lg front reception area plus 4 offices, conference room, kitchen & half bath. Full basement w/inside & outside access for ease of deliveries. Upstairs 3BR apartment w/recently updated full bath. Ample off street parking w/5 spots. New boiler & all plumbing replaced Jan 2014. Flooring, windows, siding & electrical updated since 2003. New metal roof 2016. Main flr rent $1000/Upstairs $995/mth plus utilities. Utilities for whole bldg apx $200/mth. Winter propane for whole bldg. apx $500/mth. Click link for 3D Tour. Don’t miss this opportunity! Call today!

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Commercial Active

Price

$ 174,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,385

Style

Mixed Use,Office

Lot Size

0.07

Year Built

1920

Town/City

Ely

County/Region

Saint Louis

MLS | Web ID

6518436

Features
General
Sewer City Sewer - In Street
Heating Hot Water
Cooling None
Utilities Electric Common
Roof Metal
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1920
Tenant Pays Electricity Janitorial Service Trash Collection
Levels Two
Property SubType Mixed Use Office
Tax Year 2024
Current Use Bed & Breakfast Beauty/Barber Shop
Gross Income 23940
Accessibility None
County St. Louis
Property Type Commercial Sale
Contingency None
Subdivision Name White Town Of
Possible Use Office Retail
Directions On main street of town on east side
City White Twp
Buyer Agent Compensation 3.00
High School District Ely
Zoning Description Business/Commercial
NumberOfUnitsTotal 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2385
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=eE6TqiPv73D&mls=1
Days on Market 4
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Concrete Walkout
Basement (Y/N) Y
Ceiling Height 8-10
Foundation Dimensions 50x23
Fuel Propane
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Exterior
Parking Features Gravel Parking Lot
Water Source City Water - In Street
Inclusions Building Other Rental License
Lot Size Area 0.07
Building Area Total 2400
Lot Dimensions 25x125
Foundation Area 1150
Road Frontage Type City Street Curbs Sidewalks
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 420
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* Excluded Features
List By
Janisch Realty, Inc

Broker

lisa@janischrealty.com

Email

Affordability Calculator

$1,361
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,162
Monthly Property Taxes
$199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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THE TIME TO SELL IS NOW!
Nearby
3048330 Elementary School
3048335 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/13/2024$174,900 Listed Price

Map


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420 E Sheridan Street, Ely, MN, 55731 is a Commercial Property for sale at $174,900 with 2,400 sqft and a lot size of 0.07. 420 E Sheridan Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 55731 which is in Ely, MN