The median home value in Ely, MN is $230,000.
This is
higher than
the county median home value of $173,700.
The national median home value is $308,980.
The average price of homes sold in Ely, MN is $230,000.
Approximately 53% of Ely homes are owned,
compared to 28% rented, while
19% are vacant.
Ely real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Ely real estate agent to arrange a tour today!
Learn more about Ely.
Are you ready to make your entrepreneurial dreams come true? Look no further - Ely's Sir G's Italian Restaurant is the perfect opportunity! With over 2059 sq ft of restaurant and kitchen space, situated on the busiest street Sheridan St., this could be the ideal location for your dream restaurant. Sir G's is a long-standing tradition in Ely. It has been around for years, offering an iconic Italian cuisine with a proven cash flow that still has even more potential. Guests can enjoy one-of-a-kind hand painted artwork depicting Tuscan fields and beautiful Italian scenery while waiting for their delicious meal or handmade pizzas. And with daily drive-by traffic estimated at 5800 people, customers will never be lacking! Not only does this sale include the real estate and building but it also includes all equipment and recipes needed to take over this amazing business opportunity. So, what are you waiting for? Take this opportunity and make your dreams come true with Ely's Sir G's Italian Restaurant! You don't want to miss out on this incredible chance to own a piece of history.
This is an amazing turnkey business opportunity in Ely, Minnesota. With over 22 years of successful operations, this laundromat has been kept up-to-date and well-maintained. There are 14 dryers, 9 top-loading washers, 8 front-loading washers, 2 triple-load washers, and 1 double-load washer. Nice clean 11x19 sitting/folding area with a flat-screen TV and plenty of counter space. Along with equipment upgrades, recent building upgrades include floor and ceiling tile in the main laundry area, vinyl siding, a new roof, air conditioning for the commercial laundry basement area, and newly installed plumbing pipes. There are 17+ resorts and personal accounts that contribute to its success with daily traffic counts of 7700 cars per day on Sheridan St. The property also features a spacious 3-bedroom furnished apartment which can be used as an extra income source or can be used as owner's quarters. Don't miss out on this unique chance to own your own business!
Rare opportunity on 8 acres featuring 23 turn-key RV sites with amazing potential! In 2014, all of the RV site electrical, sewer, and water infrastructure was replaced and is all City of Ely public utilities. There are 10 Pull Through sites with heated utilities ($45/night) for year round camping and 13 back-in sites ($35/night). The park is approved for over 100 sites and comes with more electrical pedestals to add more sites quickly and gain a faster return on your investment! The main office features coin op laundry, bathrooms, showers, and a commercially licensed kitchen. The Clubhouse features extra guest amenities such as a pool table, board games, books, TVs, a self service bar, vending machines and 2 big exterior doors to open it up to outside. There is a massive field to develop, a dog park, and a walking path through the woods leading to famous Trezona Trail. Located less than 1/4 mile from the International Wolf Center and X-Country Ski and Mountain Biking trails.
PENGALS BASSWOOD TRADING COMPANY Building Great "LOCATION", high visibility and good foot traffic in Ely, MN. This well maintained building located on busy Sheridan Street in Ely is a prime area for many types of business such as retail, office and any idea you need to put to work. The buildings are in excellent shape and updated throughout. Central air, Oil forced air heat with backup electric radiant ceiling panels. 220, 3 phase power along with a 200 Amp service panel. New flooring, new doors and windows in front along with pine paneling on walls and the ceilings add to the charm of Basswood Trading. A rear door entrance is new, the roofs on the main buildings are metal. Parking in the rear of the building for 4 - 5 cars is a plus and there is room for expansion. One of the best retail locations in Ely, Minnesota Bring your new ideas to fruition in Ely, Minnesota - The End of the Road! REAL ESTATE ONLY - Complete business setup and real estate is listed separately as Listing # 6101081