2331 Old Highway 169, Ely, MN
$498,500
720
Square feet
11.50
Acres
About 2331 Old Highway 169
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!
Features of 2331 Old Highway 169
| MLS® # | 6753576 |
|---|---|
| Price | $498,500 |
| Square Footage | 720 |
| Acres | 11.50 |
| Year Built | 1989 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 2331 Old Highway 169 |
|---|---|
| City | Ely |
| County | St Louis |
| State | MN |
| Zip Code | 55731 |
Amenities
| # of Garages | 10 |
|---|---|
| Garages | Detached, Gravel, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Dual, Wood Stove |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Metal Siding, Wood Siding |
|---|
School Information
| District | Ely |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $2,655 |
| Tax Year | 2025 |
| Office | Janisch Realty, Inc |
Listing Details
| Office | Janisch Realty, Inc |
|---|