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Active NEW!
$498,500
/mo Edit
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

    Contingency: None
    City: Ely
    County: St. Louis
    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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    Payment:  /mo

    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.