2331 Old Highway 169, Ely, Minnesota 55731

MN, Ely
$498,500
  • Commercial Sale Property Type
  • 1989 Year Built
  • Active Status
See All 30 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6753576
  • Price: $498,500
  • Year Built: 1989
  • Listing Status: Active
  • Office Name: Janisch Realty, Inc
Features
  • Heating System Wood Stove,Dual
  • Parking Detached,Parking Lot,Gravel
  • Utilities Electric Common
  • Sewer Private Sewer
Address Map
  • Country US
  • State MN
  • County St. Louis
  • City Ely
  • Zipcode 55731
  • Street: Old Highway 169
  • Street Number: 2331
  • Longitude: W92° 4' 27.9''
  • Latitude: N47° 53' 36.3''
  • Directions: From Ely, W. on Hwy 169, R. on Old Hwy 169 to Fire#.
Neighborhood
  • High School District: Ely
MLS Addon
  • Office Name: Janisch Realty, Inc
Additional Information
  • Water Source: Drilled
  • Accessibility Features: Other
  • Building Size: 720
  • Construction Materials: Wood Siding,Metal Siding
  • Current Use: Residential
  • Garage: 10
  • Levels: One
  • Lot Size Dimensions: 982x668
  • Number Of Units Total: 1
Financial
  • Tax Annual Amount: 2655
Listing Information
  • List Agent Mls Id: 502511080
  • List Office Mls Id: 80363
  • Modification Timestamp: 2025-07-14T02:05:03Z
  • Originating System Name: NorthStar
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