For Sale: Ely MLS# 6753576
Active
NEW!
$498,500
Commercial: 1 Story
Built 1989
11.5 acres
Ely schools
MLS# 6753576

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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!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$498,500
Property Type:
Commercial
City:
Ely
Garage Spaces:
10
County:
St. Louis
Year Built:
1989
State:
MN
Property Style:
1 Story
Zip Code:
55731
Exterior
Stories:
One
Garage Spaces:
10
Garage Dimensions:
82x60
Garage Size:
5,000 ft2
Garage Door Height:
17
Other Parking Spaces:
50
Foundation Size:
720 ft2
Foundation Dimensions:
30x24
Handicap Accessible:
Other
Heating System:
- Dual
- Wood Stove
Parking Features:
- Detached
- Gravel
- Parking Lot
Exterior Material:
- Metal Siding
- Wood Siding
Lot & Land
Acres:
11.5
Geolocation:
47.8934119181, -91.925587823
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other
Lot Dimensions:
982 x 668
Zoning:
Business/Commercial
Schools
School District:
696
District Phone:
218-365-6166
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,655
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,980
Units
Total Units:
1
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Wood
Owner Occupied:
Yes
Sewer System:
Private Sewer
Available Utilities:
Electric Common
Water System:
Drilled
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Listing provided by RMLS,
courtesy of Janisch Realty, Inc.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.