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145 E Chapman StEly, MN 55731

St. Louis County

$240,000List price
5,150Sq Ft
1920Year built
0.07Acre lot
6 months agoOn market

Description

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.

Property Information

Property type
Commercial Sale
Year built
1920
Living area
5,150 Sq Ft
Lot size
0.07 acres
Lot dimensions
25 X 125
Days on market
182
MLS® Listing#
6125185

Property Features

Exterior
Lighting
Cooling
Central Air
Heating
Forced Air · Propane
Basement
Full
Parking
On Street
Roof
Rubber
Utilities
Cable Available
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$4,996Tax year 2026
Parcel number
030-0010-01810

Directions

Sheridan Street to 2nd Ave - right on 2nd. Building on the corner of 2nd and Chapman

Listing Courtesy: Ely Realty - ***

Listings courtesy of the Lake Superior Area REALTORS® MLS. All data is obtained from various sources and may not have been verified by . All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 – Lake Superior Area REALTORS® MLS – All Rights Reserved.

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  • Jay Fermanich

    Broker of Record, Franchisee

    EXIT Northland Realty

  • Becky Hansen

    Sales Representative

    EXIT Northland Realty