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Ely, MN Commercial Property for Sale

Ely, MN Commercial Property for Sale (13 Real Estate Listings)

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474 Kawishiwi Tr, Ely

$2,800,000 White Iron Lake

474 Kawishiwi Tr, Ely

3 Acres 3,680 SqFt Commercial MLS® # 6123598

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...

Bear Island Realty LLCRegional Multiple Listing Service of Minnesota Logo

Active
2331 Old Hwy 169, Ely

$498,500

2331 Old Hwy 169, Ely

720 SqFt Commercial MLS® # 148712

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 OPPORTUNIT...

Janisch Realty IncRegional Multiple Listing Service of Minnesota Logo

Active
2331 Old Highway 169, Ely

$498,500

2331 Old Highway 169, Ely

12 Acres 720 SqFt Commercial MLS® # 6753576

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 OPPORTUNITIE...

Janisch Realty, IncRegional Multiple Listing Service of Minnesota Logo

Active
137 E Sheridan St, Ely

$375,000

↓ $20,000

137 E Sheridan St, 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....

Bear Island Realty LLCRegional Multiple Listing Service of Minnesota Logo

Active
442 N 15th Ave E, Ely

$349,000

442 N 15th Ave 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...

Ely RealtyRegional Multiple Listing Service of Minnesota Logo

Active
29 E Chapman St, Ely

$299,000

29 E Chapman St, Ely

6,900 SqFt Commercial MLS® # 149355

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

Active
29 E Chapman St, Ely

$299,000

29 E Chapman St, Ely

0 Acres 3,450 SqFt Commercial MLS® # 6123079

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 2 private rooms with tile floors, a huge ...

Ely RealtyRegional Multiple Listing Service of Minnesota Logo

Active
120 E Sheridan Street, Ely

$285,000

120 E Sheridan Street, Ely

3,768 SqFt Commercial MLS® # 148955

Strategic Commercial + Income Property on Sheridan Street, Ely – Exceptional Traffic & Dual Rental Potential. 3,000+ sq ft commercial building available for the first time. Plenty of off-...

z' Up North RealtyRegional Multiple Listing Service of Minnesota Logo

Active
120 E Sheridan Street, Ely

$285,000

120 E Sheridan Street, Ely

0 Acres 3,000 SqFt Commercial MLS® # 6785343

Strategic Commercial + Income Property on Sheridan Street, Ely – Exceptional Traffic & Dual Rental Potential. 3,000+ sq ft commercial building available for the first time. Plenty of off-st...

Z'Up North Realty, Inc.Regional Multiple Listing Service of Minnesota Logo

Pending
3 E Sheridan St, Ely

$265,000

3 E Sheridan St, Ely

0 Acres 1,200 SqFt Commercial MLS® # 6028742

Own your own microcosm of American Culture! Attractive modern fuel station complete with 3 repair bays is located on the busiest corner of Ely! Gas and oil sales under a new canopied island ...

Canoe Capital Realty, LLCRegional Multiple Listing Service of Minnesota Logo

Active
729 E Sheridan St, Ely

$245,000

729 E Sheridan St, Ely

0 Acres 1,408 SqFt Commercial MLS® # 6122705

Newly remodeled building designed for a professional office venture or home business. The main level has an open greeting area, one back office and a 1/2 bath. The second level has large off...

Wildwoods Land CompanyRegional Multiple Listing Service of Minnesota Logo

Active
628 E Sheridan St, Ely

$185,000

628 E Sheridan St, Ely

0 Acres 1,456 SqFt Commercial MLS® # 6123532

This exceptionally located commercial office property sits directly adjacent to Ely’s Whiteside Park, offering excellent visibility and convenience on Ely’s main street. The spacious main le...

Bear Island Realty LLCRegional Multiple Listing Service of Minnesota Logo

Active
321 W Shagawa Rd, Ely

$49,900

321 W Shagawa Rd, Ely

0 Acres 1,368 SqFt Commercial MLS® # 6121182

Solid cold Storage 36 x 38 building. Past owners were Rod Loe and this building was used for year by the Zorman Family for Beverage storage. Originally an elevated semi-truck garage to loa...

Canoe Capital Realty, LLCRegional Multiple Listing Service of Minnesota Logo

Ely, MN Real Estate Statistics

Average Price $476K
Lowest Price $32.9K
Highest Price $2.8M
Total Listings 91
Avg. Price/SQFT $345

Property Types (active listings)


As of March 13, 2026 there are 13 active Ely, MN commercial real estate listings for sale with an average listing price of $494,915. The highest-priced commercial property listing is $2,800,000, while the lowest priced commercial property can be purchased for $49,900. Ely, MN Commercial properties for sale have an average price of $257 per square foot, based on commercial listings with an average of bedrooms, bathrooms, and 2,562 square feet of living space.

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