2331 Old Highway 169, Ely, MN 55731 (MLS# 6753576)

2331 Old Highway 169, Ely, MN 55731

$459,000
Property Type: Commercial Square Footage: 720 Lot Size (sq. ft.): 500,940 Status: Active
Current Price: $459,000 List Date: 7/13/2025 Last Modified: 7/24/2026

Overview

Description

OPEN HOUSE: Click link for 3D Virtual Tour. Here’s Your Opportunity to Live & Work Up North In Ely! Boat Storage/Rental/Servicing Business with BOOKS THAT EASILY SUPPORT THE ASKING PRICE, PASSIVE INCOME & EXCELLENT GROWTH OPPORTUNITIES! Set on paved road with 11.5 acres and visibility from the corner of Highway 169 & Grant McMahan, just 5 mi s of Ely. 1B/1B yr rnd house w/screen porch potential to be 2nd BR. 4920SF storage bldg w/17ft high dbl door on each end, office w/laundry bath, 1B/1B upstairs yr rnd apt & indoor storage for 14 boats. 50 + boats stored outside, room for more & potential to construct addl storage bldg. Most storage is repeat contract for 6-7 months & includes retrieval from lake, motor winterization, storage & spring launch. Addl services such as tune ups & rigging as needed. Currently 128 boats shrink wrapped on or off site, including commercial multi-boat clients. Business includes 2 pontoon rentals. New septic 2021. 145 ft drilled well. Starlink internet. Tur ...

Listing Details MLS# 6753576

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
50
Owner Occupied
Yes
Waterfront YN
No
Year Built
1989
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
720
Garage Stalls
10
For Sale or Lease
For Sale
Acres
11.5
Lot Dimensions
982x668
Assessment Pending
Yes

Property Features

Accessible: Other CMU Style: Single Occupancy Construction Status: Previously Owned Current Use: Residential Exterior: Metal; Wood Foundation: Pillar/Post/Pier Fuel: Electric; Wood Heating: Dual Fuel/Off Peak; Wood Stove Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Common Parking Characteristics: Parking Lot; Gravel Lot Sewer: Private Sewer Stories: One Water: Drilled

Contract Information

Contingency
None
ListPrice
459000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2331
Street Name
Old Highway 169
Postal City
Ely
County
St. Louis
State
MN
Zip Code
55731

Assessments

Assessment Balance
325
Tax With Assessments
2980

Basement

Foundation Dimensions
30x24

More Information

Building Information

Building Finished SqFt
720
Building SqFt
720

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
82x60
Garage Door Height
17
Garage Square Feet
5000

Public Survey Info

Range#
13
Section#
36
Township#
63

Sale Options

Sale Includes
Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Other

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
Yes
IDX
Listing Office: Janisch Realty, Inc
Last Updated: July - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products