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Ely, MN Commercial Property for Sale

Ely, MN Commercial Property for Sale (7 Real Estate Listings)

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ACTIVE
474 Kawishiwi Tr, Ely

$3,300,000 White Iron Lake

474 Kawishiwi Tr, Ely

2 Beds 2 Baths 3 Acres 3,680 SqFt Commercial MLS® # 6116092

Established, turn-key Outfitting business in Ely, MN - Outfitting canoe trips into the MN Boundary Waters Canoe Area Wilderness & Canada’s Quetico Wilderness since 1984. Unique opportuni...

Kate DaviesRegional Multiple Listing Service of Minnesota Logo

ACTIVE
137 E Sheridan Street, Ely

$455,000

137 E Sheridan Street, Ely

0 Acres 4,200 SqFt Commercial MLS® # 6117649

Pristine commercial building in Ely’s sought after downtown location! Endless opportunities are possible for this meticulously maintained +/- 4,200 sq. ft. retail space in the heart of Ely....

Kate DaviesRegional Multiple Listing Service of Minnesota Logo

ACTIVE
401 E Sheridan Street, Ely

$419,900

401 E Sheridan Street, Ely

1 Bath 0 Acres 4,820 SqFt Commercial MLS® # 6117530

Introducing 401 E Sheridan St, a prime retail and residential opportunity in the heart of Ely, MN. This historic 6,486 SF free-standing building offers a versatile layout with a main-level r...

Lori SchulzeRegional Multiple Listing Service of Minnesota Logo

ACTIVE
520 E Sheridan Street, Ely

$399,000

520 E Sheridan Street, Ely

2 Baths 0 Acres 2,059 SqFt Commercial MLS® # 6117455

Are you ready to make your entrepreneurial dreams come true? Look no further – Ely's Sir G's Italian Restaurant is the perfect opportunity! With over 2059 sq ft of restaurant and kitchen spa...

Andrea Zupancich Z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

Active
New
520 E Sheridan, Ely

$399,000

520 E Sheridan, Ely

2,059 SqFt Commercial MLS® # 147838

Are you ready to make your entrepreneurial dreams come true? Look no further – Ely's Sir G's Italian Restaurant is the perfect opportunity! With over 2059 sq ft of restaurant and kitchen spa...

z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

ACTIVE
442 N 15th Avenue E, Ely

$349,000

442 N 15th Avenue E, Ely

0 Acres 1,440 SqFt Commercial MLS® # 6113887

Business opportunity in Ely, Minnesota. This well established business has a good client base in Ely and the surrounding area, making ice blocks and cubes to be delivered to businesses. T...

Janet ErchulRegional Multiple Listing Service of Minnesota Logo

Active
New
29 E Chapman Street, Ely

$300,000

29 E Chapman Street, Ely

6,900 SqFt Commercial MLS® # 147727

Commercial building in downtown Ely. Two levels for a total of 6,900 square feet with each level having 3,450 square feet. The main level features a private room with tile floors, a huge o...

Ely RealtyRegional Multiple Listing Service of Minnesota Logo

Ely, MN Real Estate Statistics

Average Price $492K
Lowest Price $19.7K
Highest Price $5M
Total Listings 99
Avg. Price/SQFT $341

Property Types (active listings)


As of April 19, 2025 there are 7 active Ely, MN commercial real estate listings for sale with an average listing price of $803,129. The highest-priced commercial property listing is $3,300,000, while the lowest priced commercial property can be purchased for $300,000. Ely, MN Commercial properties for sale have an average price of $252 per square foot, based on commercial listings with an average of 2.0 bedrooms, 1.7 bathrooms, and 3,594 square feet of living space.

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