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145 E Chapman StreetEly, MN 55731

Ely · St. Louis County

$240,000List price
5,150Sq Ft
1920Year built
0.07Acre lot
2Stories
11 weeks 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 is leased until April, 2027 and 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
Stories
2
Building area
5,150 Sq Ft
Lot size
0.07 acres
Lot dimensions
25 X 125`
Zoning
Business/Commercial
Days on market
82
MLS® Listing#
7130042

Property Features

Heating
Oil · Forced Air
Flooring
Wood
Basement
Unfinished
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$4,996Tax year 2026
Parcel number
030001001810

Directions

Sheridan St to 2nd Ave. Right on 2nd, property is on the corner of Chapman St and 2nd Ave

Listing Courtesy: Ely Realty - 2183652100

Presented by: Janet Irene Erchul

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