5,150 sqft

$240,000

145 E Chapman St, Ely MN, 55731

Price per sqft$46.60

Built in1920

Property size5,150 sqft

Property typeCommercial

Courtesy of Ely Realty, Janet Erchul Listing Contact: ***

Overview

Active

Listed May 11, 2026

Updated 4 weeks ago

Commercial Building - Ely, Mn - REAL ESTATE ONLY - 5000 sq ft commercial building in the heart of downtown Ely. This historic building, built in 1920, has 4 separate leasing areas. The main floor front space features original tin ceilings and wood floors. The additional main floor and second floor space is occupied by the owners of the building to operate their existing business. Major updates to the building including a new roof in 2023 and a new fuel oil boiler in 2021. Great corner location. The building was a successful clothing store for 30+ years. This is an opportunity to bring your existing business to this location or to establish a new business venture.

Other Property Details

Taxes: $4,996
Tax Frequency: Annually

Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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