Ely, MN Commercial Property for Sale (16 Real Estate Listings)

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$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 LLC

$498,500

2331 Old Hwy 169, Ely

720 SqFt Commercial MLS® # 148712

Hereâs 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 Inc

$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, Inc

$450,000

1600 E Sheridan St, Ely

1 Acres 1,353 SqFt Commercial MLS® # 6124106

Seize a rare opportunity to own a one-of-a-kind commercial property in the heart of Ely, Minnesota — the gateway to the Boundary Waters Canoe Area Wilderness. Situated on a prominent corner ...

Keller Williams Classic Realty NW - Ely

$395,000

401 E Sheridan St, Ely

0 Acres 4,820 SqFt Commercial MLS® # 6124235

Few properties can claim both a century of history and a front-row seat to everything that makes Ely one of Minnesota's most beloved destinations. 401 E Sheridan Street is one of them. Built...

Keller Williams Classic Realty NW - 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 LLC

$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 Realty

$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 Realty

$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 Realty

$275,000

↓ $10,000

120 E Sheridan Street, Ely

3,768 SqFt Commercial MLS® # 148955

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

z' Up North Realty

$275,000

↓ $10,000

120 E Sheridan Street, Ely

2 Beds 4 Baths 0 Acres 2,994 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.

$269,000

229 E Sheridan St, Ely

0 Acres 4,678 SqFt Commercial MLS® # 6124180

Located right on Ely's main street in the heart of downtown near its busiest intersection is this approx. 4,600 square foot commercial building. The property involves two 2 homes that some y...

Bear Island Realty LLC

$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, LLC

$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 Company

$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 LLC

$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, LLC

Ely, MN Real Estate Statistics

Average Price	$470K
Lowest Price	$32.9K
Highest Price	$2.8M
Total Listings	114
Avg. Price/SQFT	$331

Property Types (active listings)

As of April 13, 2026 there are 16 active Ely, MN commercial real estate listings for sale with an average listing price of $470,494. 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 $238 per square foot, based on commercial listings with an average of 2.0 bedrooms, 4.0 bathrooms, and 2,760 square feet of living space.

Ely, MN Commercial Property for Sale (16 Real Estate Listings)

$2,800,000 White Iron Lake

474 Kawishiwi Tr, Ely

$498,500

2331 Old Hwy 169, Ely

$498,500

2331 Old Highway 169, Ely

$450,000

1600 E Sheridan St, Ely

$395,000

401 E Sheridan St, Ely

$375,000

137 E Sheridan St, Ely

$349,000

442 N 15th Ave E, Ely

$299,000

29 E Chapman St, Ely

$299,000

29 E Chapman St, Ely

$275,000

120 E Sheridan Street, Ely

$275,000

120 E Sheridan Street, Ely

$269,000

229 E Sheridan St, Ely

$265,000

3 E Sheridan St, Ely

$245,000

729 E Sheridan St, Ely

$185,000

628 E Sheridan St, Ely

$49,900

321 W Shagawa Rd, Ely

Related Pages

Ely, MN Real Estate Statistics

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