1600 E Sheridan St, Ely, MN 55731
1600 E Sheridan St, Ely, MN 55731
1600 E Sheridan St, Ely, MN 55731
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Listed by Lori Schulze Keller Williams Classic Realty NW - Ely
$450,000
Est. payment /mo
1,353 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,353 sqft

Price per Sqft $332

MLS Listing ID LSA6124106

HOA Y/N No

Tax Year 2026

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions Irregular

Property Sub-Type Commercial

Source lsar

Property Description

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 lot at the intersection of bustling Sheridan Street and Highway 1, adjacent to the local grocery store, one of the highest traffic anchors in town, this distinctive log building offers maximum visibility, easy access, and unmatched exposure. Set on approximately one acre of commercially zoned land, the property offers ample room to expand, providing long-term flexibility for growth. The natural log construction lends an authentic Northwoods aesthetic that resonates deeply with both the local community and many outdoor enthusiasts, anglers, and adventurers who pass through Ely each year. Ely is Northern Minnesota's premier four-season destination, drawing visitors for BWCA canoe trips, ice fishing, dog sledding, hiking, and fall foliage — and a growing wave of remote workers and retirees choosing small-town Northwoods living. Prime commercial corners in Ely rarely come to market, making this a standout opportunity for investors and business owners alike.

Location

State MN

County St. Louis County

Area Lsar

Direction Located on the corner of E Sheridan Street and Highway 1 in downtown Ely, MN.

Rooms

Basement Full

Interior

Heating Forced Air, Propane

Inclusions Building, Land

Exterior

Parking Features Asphalt

View Y/N No

Roof Type Asphalt

Garage No

Building

Foundation Concrete

Sewer Public Sewer

Water City

Structure Type Log,Stone

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Robin Cicmil

Robin Cicmil

+1(218) 969-4048

Broker Associate | License ID: 40962454

Broker Associate License ID: 40962454

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