$498,500

2331 Old Highway 169, Ely, MN 55731

  • 720 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1989
  • Property Lot Size Icon11.5acre lot
  • Property Parking Icon 10 car garage
  • Property Price Per Square Feet Icon $692/sqft
  • Property List Date Icon Listed 4 months ago

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 Status:
Active
Listing Office:
Janisch Realty, Inc : 218-780-6644
MLS ID:
6753576
  • Heating: DualWood Stove
  • Parking: DetachedGravelParking Lot
  • General: One
  • Originating MLS: northstar
  • School District: Ely
  • County: St. Louis
  • Zoning: 465004005841
  • Current Use: Residential
  • Utilities: Electric Common
  • Water: Drilled
  • Sewer: Private Sewer
  • Source: northstar

This listing courtesy of Janisch Realty, Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Washington Elementary School

600 E Harvey St, Ely, MN, 55731

Grades PK-5

3.05 miles away

M

Memorial Middle School

600 E Harvey St, Ely, MN, 55731

Grades 6-8

3.05 miles away

M

Memorial High School

600 E Harvey St, Ely, MN, 55731

Grades 9-12

3.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.