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2331 Old Highway 169 Ely, MN $ 459,000
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$ 459,000 Get more info
2331 Old Highway 169
$ 459,000
Back to search
Share Save

2331 Old Highway 169

Ely, MN, 55731
$ 459,000
Bedrooms-- Baths-- Sq 720

Monthly Estimate*

$ 3,170

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View a Virtual Tour

Commercial Property for sale in Ely, MN

for $459,000. This 720 square foot building was built in 1989 on a lot size of 11.5.

OPEN HOUSE: Click link for 3D Virtual Tour. Here’s Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. New septic 2021. 145 ft drilled well. Starlink internet. Turnkey opportunity to own your own business in Ely! Call today! Property available without business for $379,000.

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Commercial Active

Price

$ 459,000

Property Type

Commercial

Taxes

$ 2,655

Style

Lot Size

11.5

Year Built

1989

Town/City

Ely

County/Region

Saint Louis

MLS | Web ID

6753576
Features
General
Sewer Private Sewer
Heating Dual Fuel/Off Peak Wood Stove
Utilities Electric Common
Garage Spaces 10
Year Built 1989
Levels One
Tax Year 2026
Current Use Residential
Accessibility Other
County St. Louis
New Construction N
Property Type Commercial Sale
Contingency None
Directions From Ely W. on Hwy 169 R. on Old Hwy 169 to Fire#.
City Ely
High School District Ely
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2655
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=2FJ5j3zcsMo&mls=1
Standard Status Active
Lender Owned No
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Exterior
Parking Features Detached Garage Gravel Parking Lot
Water Source Drilled
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land Other
Lot Size Area 11.5
Building Area Total 720
Lot Dimensions 982x668
Waterfront Y/N N
Foundation Area 720
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Interior
Basement (Y/N) N
Total Bedrooms 0
Total Baths 0
Foundation Dimensions 30x24
Fuel Electric Wood
Garage Dimensions 82x60
Garage Door Width 17
Garage Square Feet 5000
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Internal Only
Street Number 1 2331
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* Excluded Features
List By
Janisch Realty, Inc

Broker

lisa@janischrealty.com

Email

Affordability Calculator

$3,391
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,170
Monthly Property Taxes
$221
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
3048330 Elementary School
3048335 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/23/2026$459,000 -7.92% Price Down
7/13/2025$498,500 Listed Price

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2331 Old Highway 169, Ely, MN, 55731 is a Commercial Property for sale at $459,000 with 720 sqft and a lot size of 11.5. 2331 Old Highway 169 was built in 1989. The property's zip code is 55731 which is in Ely, MN

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