302 E Sheridan Street, Ely, MN 55731 (MLS# 7140405)

302 E Sheridan Street, Ely, MN 55731

$1,100,000
Property Type: Commercial Square Footage: 4,214 Lot Size (sq. ft.): 31,363 Status: Active
Current Price: $1,100,000 List Date: 9/09/2026 Last Modified: 9/29/2026

Overview

Listing Details MLS# 7140405

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
15
Waterfront YN
No
Year Built
1989
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
4214
For Sale or Lease
For Sale
Acres
0.72
Lot Dimensions
250.00 x 125.00
Assessment Pending
Yes

Property Features

Accessible: No Stairs External Air Conditioning: Central Air Basement: None CMU Style: Business Opportunity; Other Construction Materials: Frame Construction Status: Previously Owned Current Use: Commercial; Food Service; Restaurant; Tavern/Lounge Exterior: Brick/Stone; Wood Foundation: None Fuel: Propane Heating: Forced Air Loan Terms: Cash; Contract for Deed; Conventional Location Description: Downtown; Free Standing On Site Utilities: Electric Common Parking Characteristics: Parking Lot Roof: Rubber Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1100000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
302
Street Direction Prefix
E
Street Name
Sheridan
Street Suffix
Street
Postal City
Ely
County
St. Louis
State
MN
Zip Code
55731
Complex/Dev/Subdivision
Whitesides Add To The Town Of Ely

Assessments

Assessment Balance
325
Tax With Assessments
10904

Basement

Foundation Dimensions
3x26,5x16,12x23,42x90

More Information

Building Information

Building Finished SqFt
4214
Building SqFt
4214
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Business, Fixture/Equipment

Unit 1

Unit Number
Yes
Leased?
No

Unit Details

Total Units
Yes
IDX
Listing Office: Z'Up North Realty, Inc.
Last Updated: September - 29 - 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.